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Last Updated: Friday, 28 April 2006, 11:06 GMT 12:06 UK
China's Hu boosts Kenyan business
Chinese President Hu Jintao arriving in Kenya
This is President Hu's first trip to Kenya
Chinese President Hu Jintao has signed an important oil exploration agreement with Kenya during his trip to Nairobi.

Six other deals have also been signed on malaria, rice and roads. Mr Hu is also due to visit wildlife parks that are eager to attract Chinese tourists.

Kenya is keen to secure Chinese investment deals in the pharmaceutical and technology sectors.

Mr Hu is in Kenya on the final leg of his week-long Africa tour, during which he has tried to boost trade links.

The president's trip has focussed on deals to expand Chinese investment in Africa's natural resources, especially oil, to satisfy China's energy-hungry economy.

HAVE YOUR SAY
I believe China's engagement in Africa will harness mutual benefit: Africans will learn from their approach
John A Kokulo, Kasoa, Ghana

On Wednesday, China secured four oil drilling licences from Nigeria in a deal involving $4bn in investment.

Arriving in Kenya's capital, Nairobi, on Thursday night at the start of a three-day visit, Mr Hu was met by Vice-President Moody Awori and members of the Chinese community living in Kenya.

The deals cover:

  • Road maintenance in Nairobi
  • Support for rice-growing schemes
  • Maintenance of a sports centre
  • Setting up an anti-malaria health centre.
The BBC's Karen Allen in Nairobi says it the first visit to Kenya by the Chinese president, but not the first time he has met its head of state.

Less than a year ago Kenyan President Mwai Kibaki travelled to China to secure a number of trade deals and loans for Kenya.

On Thursday, addressing a joint session of Nigeria's National Assembly, President Hu said it was time for a new strategic partnership between China and Africa.

"Africa has rich resources and market potentials, whereas China has available effective practices and practical know-how it has gained in the course of modernisation," Mr Hu said.

He also said China's development will not pose a threat to anyone and was an opportunity to bring more development.


SEE ALSO:
China-Africa trade jumps by 39%
06 Jan 06 |  Business
China's growing focus on Africa
17 Jan 06 |  Africa
Ask an African business expert
09 Feb 06 |  Africa


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