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15 July 2015

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First China-Africa Entrepreneurs Development Conference Opens in Changsha

2026-03-04 Download Print

The First China-Africa Entrepreneurs Development Conference kicked off in Changsha on March 2, 2026. Several innovative and sustainable "small yet smart" collaborative projects attracted much attention at the meeting.


The First China-Africa Entrepreneurs Development Conference. (Photo/Liu Le)


Hunan Province will implement a three-year action plan for economic and trade cooperation with Africa. The province will introduce targeted measures across six dimensions of industries, entities, services, finance, models, and mechanisms, to enhance the quality and efficiency of economic and trade collaboration between Hunan and Africa.

During the project presentation session, several "small yet smart" initiatives offered fresh partnership approaches. Among these, the "Mother's Mushroom House" project introduced a "social organization + research institute + company + rural household" model, highlighting development for Kenyan women. Leveraging mature edible fungus cultivation techniques from China and local African resources, the project aimed to establish standardized cultivation processes and explore sustainable income growth pathways that rely on market mechanisms rather than short-term subsidies. This initiative filled the technical gap in the entire industrial chain of Africa's mushroom industry and is expected to drive stable income growth for 300 farming households. Unlike traditional aid projects, this initiative emphasizes production capacity and implementation standards, prioritizing tangible output and market integration. The project serves as a pragmatic model for "production-oriented community empowerment" in China-Africa agricultural cooperation. Meanwhile, the United KAFA Alliance (UKA) Coffee Industry Internet Platform employs a dual-engine approach of "industrial internet + financial capital," introducing barter trade mechanisms to address foreign exchange shortages in certain African nations.

At the conference, African partners also showed sincere intentions. Sanni Abdullahi Ozomata, technical advisor to the Governor of Nigeria's Kogi State, highlighted the 4,000-hectare Kogi-Hunan Free Trade Zone project. The project offered incentives such as tax exemptions and one-stop approval processes. The Commercial and Cultural Counselor at the Embassy of Liberia in China stated that Liberia holds immense investment potential in mining, agriculture, energy, and other sectors. With cumulative Chinese investment exceeding 3.1 billion USD to date, Liberia welcomes more Chinese enterprises to invest in the country. The embassy will provide full policy support and service guarantees.

At the meeting, the China-Africa Economic and Trade magazine made its global debut and the China-Africa Medical and Health Cooperation Promotion Committee was officially inaugurated. The commerce authorities of Xiangtan and Changde cities respectively presented plaques designating the African Exchange Center and the Legal Service Center of the Hunan China-Africa Economic and Trade Promotion Council as liaison points for cities and prefecture in promoting economic and trade cooperation with Africa. This signified that Hunan's services for cooperation with Africa are expanding in more refined and localized directions.

This article is from the Hunan Provincial Government www.enghunan.gov.cn.

Translator: Yu Jiangjiang

Chinese source: Hunan Daily