Weekly news

07/12/2009 to 13/12/2009

All last week’s China Africa developments:

* Zimbabwe: China to Supply CMED With Heavy Equipment- Herald (ZWE)
16/12/2009
CMED will soon receive a consignment of heavy machinery including earthmoving equipment from China to be used in road construction and maintenance. Full Story.

* Traders court politicians to back duty-free cement- Standard (KEN)
15/12/2009
Against a backdrop of a biting cement deficit in East Africa, a clique of traders have their guns pointed at the industry with the intent of shipping in cheap imports. Full Story.

* Sanghi outlines cement investment plan- Daily Nation (KEN)
15/12/2009
Sanghi Cemtech group has contracted a Chinese consortium to put up its cement plant at Pokot and up-scaled its intended investment in Kenya to $175 million (Sh13 billion). Full Story.

* Rwanda, China sign pact on trade and investment- Rwandan New Times (RWA)
15/12/2009
The Rwanda Development Board (RDB) Friday signed a Memorandum of Understanding (MoU )with Zhejiang Province of China on strengthening and increasing trade and investment relations between the two countries. Full Story.

* At Copenhagen, Africa Insists on Kyoto- This Day (NGA)
15/12/2009
It was a showdown as the United Nations Climate Change conference in Copenhagen, Denmark, ran into a stumbling block yesterday with Africa, other developing countries under the G-77 and China insisting on the inclusion of the Kyoto Protocol agreement. Full Story.

* Chinese company begins modernisation of Vilankulo airport in Mozambique- Club de Mozambique (MOZ)

15/12/2009
Construction work on Vilankulo aiport, in Mozambique’s Inhambane province, in the hands of Chinese company Anhui Foreign Economic Construction Corporation (AFECC), began Monday and is estimated to cost US$9 million. Full Story.

* NNPC Partners Private Sector on Lekki Refinery- This Day (NGA)
14/12/2009
The Nigerian National Petroleum Corporation, NNPC, has pledged its support for the establishment of the proposed Greenfield refinery in Lekki, Lagos. Full Story.

* Africans Beware Of China’s Trap- Ghana Web (GHN)
14/12/2009
As the saying always goes you can fool me once but not twice. Leaders from the African continents should not allow the Chinese government to trap the continent in a way that many perceived as second colonization. Full Story.

* Welcome to Ghana! (made in China)- Ghana Web (GHN)
14/12/2009

I want to do as much as an individual can to contribute to the development of the nation. That includes financially: when I bring my pounds to spend in Ghana, I want to see them stay in Ghana, not go straight back to aborokyire. Full Story.

* EA set to reap from surge in commodity prices- Businesss Daily (KEN)
14/12/2009
Recovering commodity prices in the international markets are likely to boost export earnings and spur the economies of East African countries which took a hit following the slump in demand caused by the global financial crisis. Full Story.

* Chinese agricultural investment in Mozambique to feed China- Club deMozambique (MOZ)
14/12/2009
The launch in Mozambique of the Chinese Centre for Agricultural Technology will serve to meet demand for food from the Chinese population, said Emeka Chiakwelu, director of Afripol-African Centre for Economic and Political Strategy. Full Story.

* Ghana/China explores new opportunities for faster development- Ghana Web (GHN)
12/12/2009
Mr YU Wenzhe, Chinese Ambassador, on Friday said the two countries are exploring new opportunities for faster developments as the world undergoes unprecedented changes and adjustment. Full Story.

* Tsikata Hijacks Ghana’s Oil- Ghana Web (GHN)
12/12/2009
Just three years ago, Ghanaians were getting by with the revenues that Gold, Cocoa, and other minerals provided, which were not much to turn their country into an investment Mecca. Full Story.

* Envoy Decries Criminal Activities of Nigerians in China- This Day (NGA)
11/12/2009
The Nigerian Ambassador to China, Bashir Wali has said some Nigerians on arrival at China airports do sell their passports out of intention not to go back home and in the process had caused so much embarrassment for the mission and the country. Full Story.

* Ghana: Country, China Enter Into Agreement on Oil and Gas- Public Agenda (GHN)
11/12/2009
The China Development Bank (CDB) has, in a financing agreement with the Ghana government and the Ghana National Petroleum Corporation (GNPC), disclosed plans to support the development and the utilization of Ghana’s oil and gas. Full Story.

* Nairobi workshop gives civil society dimension on FOCAC- Pambazuka News (KEN)
10/12/2009
How should Chinese and African civil society respond to the challenge of FOCAC
2009? That was the question addressed by some 30 activists, researchers and
academics at Fahamu’s two-day CSO FOCAC workshop in Nairobi on 26th and 27 November. Full Story.

* Chinese to pump $150m into Luanshya Copper Mine rehab- Lusaka Times (ZAM)
10/12/2009
China Non-Ferrous Metal Company/Luanshya Copper Mine (CLM) is set to inject an additional fresh investment of more than US$150 million in the rehabilitation of Luanshya Mine, which commences production on December 14. Full Story.

 

* Liberia: China, Govt Sign U.S.$8 Million Agreement- Informer (LBA)
10/12/2009
The Government of the Republic of Liberia and the People’s Republic of China have signed a grant for 50 Million RMB yuan, an equivalent of nearly US$8 million to support projects agreed upon by the two countries. Full Story.

* Nigeria: FG – China’s $50bn Oil Offer Still on Course- This Day (NGA)

09/12/2009
China has not given up on its attempt to become a player in the Nigerian oil industry. Consequently, the $50 billion offer to the Federal Government to enable it acquire 49 per cent stake is still on the table. This translates to some six billion barrels in oil reserves. Full Story.

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