Weekly news

24/02/2010 to 04/03/2010

* Chinese Giant Takes Over 300 Mw Project – Mmegi (BOT)
In response to delays in the Mmamabula Energy Project (MEP), Chinese energy and mining titan Golden Concord Holdings Limited has snapped up a 70-percent equity in the 300-megawatt power station being developed by CIC Energy. 
Full Story.

* China in talks to help build economic zone in Egypt – FOCAC (CHN)
A Chinese State-backed entity is in talks to help build an investment zone in Egypt, a report said yesterday, as the Asian giant seeks greater access to markets in Europe, Africa and the Middle East. Full Story.

* NRM caucus, Chinese, MTN and Tullow Oil firm provide millions in aid – The New Vision (UGA)
The NRM Caucus was among the groups which yesterday responded to the Government’s appeal for aid. By press time, sh412m had been delivered to the Prime Minister’s office and the Red Cross. The donors included Tullow Uganda, China National Offshore Oil Corporation as well as MTN Uganda, a leading telecommunications firm.Full Story.

* Bio-Fuel Ethanol Refinery to Take Off in Ekiti- Daily Champion (NGA)
Governor Segun Oni of Ekiti state has Saturday laid the foundation stone of a N3.5 billion, about ($23.4million) integrated cassava-based bio-fuel ethanol refinery in Ipao-Ekiti in Ikole Council Area of the state. 
Full Story.

* Major Investments in Maputo Water System – Agencia de Infromacao (MOZ)
The Mozambican government’s Water Supply Investment and Assets Fund (FIPAG) announced on Wednesday that it has embarked on large scale improvements to the Greater Maputo water system. This contract is valued at 729.7 million meticais and has been won by the China Geo-Engineering Corporation. Full Story.

* President Analyses Relations With Chinese Ambassador- Angola Press (AGO)
The Angolan Head of State, José Eduardo dos Santos, received Monday in Luanda the Chinese ambassador in Angola, Zhang Bolun, with whom he discussed issues related to the strengthening of cooperation between the two countries. 
Full Story.

* China Unicom confirms involvement with bidder for Nigerian Telecommunications – China Wire (CHN)
China Unicom last night released a report, confirming its involvement in the recent privatization of Nigerian Telecommunications Plc. Full Story.

* Tullow partners with CNOOC, Total to develop oil sector in Uganda – China Wire (CHN)
Tullow Oil has decided to partner with China National Offshore Oil Corporation (CNOOC) and France’s Total to develop oil sector in western Uganda, a Ugandan official said on Wednesday. 
Full Story.

* Tanzanian first lady commends Chinese community’s contribution to local development – China Wire (CHN)
Tanzanian first lady Salma Kikwete on Sunday highlighted Chinese community’s contribution to the local development, noting that Chinese community in Tanzania is part of the local society and the eastern African country welcomes Chinese as their home.
Full Story.

* Africa, China need each other: Gabonese president – China Wire (CHN)
The partnership between China and Africa should be further strengthened, as the two sides need each other, Gabonese President Ali Bongo said Monday in an exclusive interview with Xinhua. 
Full Story.

* China promises to revitalize financing Angola – Jornal de Angola (AGO)

Angola and China pledged yesterday to revive the financing agreements between the two countries in order to accelerate the implementation of national reconstruction projects underway in the country. Full story.
* Discontent brews over small-scale Chinese traders- Business Daily (KEN)
There is concern in Kenya over continued domination of the construction industry by Chinese firm. Full Story.
* Standard Chartered Launches the China-Africa Network – Ghanaian Chronicle (GHN)
Standard Chartered has launched the China Africa Network (CAN) – a bundle of services and products that will enable its customers take advantage of the Bank’s unmatched strengths and capabilities in the Ghanaian and Chinese markets. Full Story.

* Chinese role ‘superior’ to the West’s in Africa – The East African (KEN)

China is playing a largely positive role in Africa that may be superior in some respects to that of the United States, Europe and World Bank, a US scholar argues in a newly published book. Full Story.
* Chinese envoy arrives in Khartoum for talks with Sudanese officials – Sudan Tribune
Ambassador Liu Guijin, Chinese special envoy to Sudan, arrived today in the Sudanese capital for talks on Darfur and implementation of the Comprehensive Peace Agreement (CPA). Full Story.
* South Africa: Nation and China Strengthen Ties – BuaNews (ZAF)
Pretoria — International Relations and Cooperation Minister has expressed the need to elevate the strategic partnership between South Africa and People’s Republic of China through the conclusion of a Comprehensive Strategic Partnership Agreement (CSPA). Full Story.

* Zambia: President Banda courts more Chinese investment – Lusaka times

President Rupiah Banda has invited more Chinese investors to come and explore investment opportunities in various sectors of the economy in Zambia and thanked the Chinese investors for not scaling down on production and labour during the global economic crisis. Full Story.
* Zambia: Country’s Cordial Relations with China Good for Economy – Times of Zambia (ZAM)
The Chinese have lived up to the terminology ‘all weather friend’ because together with Zambia, they have weathered the storms even when the investment climate in the country was not conducive. Full Story.

* Again, China Unicom Denies Nitel Deal – This Day

Despite claims by New Generation Communi-cation Consortium that it had a technical partnership with China Unicom in its bid for Nigerian Telecommu-nication Limited (Nitel), the Chinese firm has again denied having any such arrangement. Full Story. Full Story.
 * Russia Outpaced by China in Continent – IPS (RUS)
Questions are being asked as to how China has scored in Africa with its resource exploration policy, infrastructure projects and three international summits on the continent since the turn of the 21st century. Full Story.

* Ambassador: high-level exchanges cornerstone of China-Africa relations – Waltainfo (ETH)

Tanzanian Ambassador to China Omar Ramadhan Mapuri said Thursday that exchange of visits between Chinese and African leaders and officials is one of the cornerstones of China-Africa relations. Full Story.
* China reaffirms support to Zambia – Peoples Daily Online (CHN)
Beijing yesterday reaffirmed its commitments to support Zambia’s economic development agenda, pledging to continue to invest in the country’s mining, infrastructure construction and agricultural sectors. Full Story.
* Kenya says CNOOC well has not struck oil yet – The Standard (KEN)
China’s CNOOC has drilled 4,456 metres of its Boghal-1 well in Kenya’s Block 9 and has not made any discovery yet, the National Oil Corporation of Kenya said on Wednesday. Full Story.
* Search for oil in North Eastern to be concluded next month – The Standard (KEN)
Kenya’s hopes for the discovery of oil will next month be realised or crushed yet again. The Chinese company that is drilling one of the most prospective oil wells in North Eastern is expected to complete the works and announce whether the country has oil or not. Full Story.
* Government: SA wants China BRIC backing – Business Report (ZAF)
he government has asked to join the BRIC block of nations, comprised of Brazil, Russia, India and China. Minister of International Relations Maite Nkoana-Mashabane would meet her Chinese counterpart Yang Jiechi in Beijing today to push for entry into the group. Full Story.
* Bharti and China Unicom look for African expansion – Pambazuka News (KEN)
Africa is the next region for the cellular arms race, with its huge growth potential, and the traditional multinational giants like Vodafone and Orange will not have the market to themselves. Full Story.
* ICT officials fail to explain sh10b CHOGM security funds – The New Vision (UGA)
Officials of the Ministry of Information and Communication Technology (ICT) were yesterday thrown out of the public accounts committee for failure to explain how $5m (about sh10b) was taken out of a Chinese loan to fund CHOGM activities. Full Story.
* Zambia: International Media pundits depict China’s role in Africa wrong – Lusaka times
International media have reported up a storm on the recent surge in China-Africa links. They invoke a theme familiar from the past two centuries of colonialism and Cold War: Africa is beset by poverty and ignorance, caused by ruthless and corrupt rulers. Full Story
 * Namibia: Railway Tender to Chinese Firm Heading to Court – The Namibian (NMA)
The Namibian Government has “effectively ceded its sovereignty to the Chinese government”, a company which tendered for the northern railway extension project said in a strongly worded affidavit filed with the High Court in October last year. Full Story.

* Zambia signs raft of investment deals with China – Business Day (ZAF)

Zambian President Rupiah Banda met his Chinese counterpart Hu Jintao yesterday and signed a mining co-operation pact that should bolster ties between Africa’s largest copper producer and its biggest single investor. Full Story.
* Sino-Africa trade boosted – The New Vision (UGA)
Standard Chartered Bank is to facilitate the flourishing trade between Africa and China, Lamin Manjang, the chief executive officer, has said. Full Story.
* Unending controversy over NITEL privatization – Vanguard (NGA)
he on-going bid by the Bureau of Public Enterprises to privatize Nigeria Telecommunications Limited (NITEL) and its mobile arm, M-tel, is igniting controversies that are raising fears. If a statement credited to China Unicom last Monday is anything to go by, there are questions begging for answers. Full Story.
* Angaye commends IT infrastructure at CWG – Vanguard
The  Director General  of National Information Technology Development  Agency, NITDA, Professor Theophilus  Angaye has communed the IT infrastructure  of Computer Warehouse Group,(CWG),  saying that the company has the capacity to provide outsourcing with its  state-of-art-technology equipment. Full Story.
* Chinese firm compensates Jabana residents – The New Times (RWA)
Months after Kigali City Advisory Council grilled Mayor, Dr. Aisa Kirabo Kacyira over her negligence in addressing the concerns of Jabana residents, the Chinese construction firm at the centre of the conflict has agreed to compensate the residents this week. Full Story.


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