Weekly news

09/11/2009 to 15/11/2009

All last week’s China Africa developments:

* China supports dictators, say Amin and Bokassa’s creators- Daily Nation (KEN)

When China last week announced at the Africa-China summit in Egypt that it will give African countries a total of $10 billion in new loans, it was easy to predict the irritating analyses by Western commentators. Full Story.
* Racial rethinking as Obama visits- Washington Post (USA)
As a mixed-race girl growing up in this most cosmopolitan of mainland Chinese cities, 20-year-old Lou Jing said she never experienced much discrimination — curiosity and questions, but never hostility. Full Story.

* Angolan ‘mafia targets Chinese’- BBC (GBR)
Chinese workers in Angola are being targeted in “mafia-style” attacks that could threaten bilateral relations, say Chinese business leaders. Full Story.

* Congo cuts back aid deal with China – FT (GBR)
Revisions to one of China’s most controversial investment deals in Africa will allow the Democratic Republic of Congo to take its first steps next week towards securing a new aid package from western donors who had objected to parts of the deal. Full Story.

* China extends tax exemption to products from Africa- Business Daily (KEN)
China is to extend zero tariff treatment to 95 per cent of products from the least developed countries in Africa as it wrestles with the United States and the European market for clout. Full Story.
* Ogun to spend N7bn on power plants- Vanguard (NGA)
Twenty public servants made up of technicians, engineers and administrators will leave Ogun State for China to understudy the assembling of Mini power plants that will be installed in the State in the first quarter of 2010. Full Story.
* Chinese Compnay Not Allowed by Ghana to Bid for Jubilee Stake- Ghana Web (GHN)
Cnooc Ltd., China’s largest offshore oil producer, said the Ghanaian government hasn’t allowed it to bid for Kosmos Energy LLC’s assets in the African nation. Full Story.
* China’s Farming Ambitions in Mozambique Take Shape- Club de Mozambique (MOZ)
China is sending its farming expertise to Mozambique in a drive to increase the African country’s agricultural productivity. Full Story.

* China, important development partner in Africa – GTUC – Ghana Web (GHN)
Dr Yaw Baah, Deputy Secretary-General of Ghana Trades Union Congress (GTUC), on Thursday said the future of Ghana and Africa in the next two decades would be defined by their relationship with China. Full Story.


* China and India engaged in 21st century ‘scramble for Africa’-Times (GBR)
In the 19th century it was European colonialists who scrambled for Africa’s riches. Today it is Asia’s emerging powers who are trawling the continent for raw materials to fuel their economies. Full Story.

* CDB opens first Egypt office – China Daily (CHN)
China Development Bank (CDB), the State-run bank for public works projects, opened its first representative office in Egypt’s capital Cairo Tuesday after more than one year of preparations, the 21st Century Business Herald reported Thursday. Full Story.

* China is helping Africa, just not as fast as first promised- Business Report (ZAF)

Trade between China and Africa has boomed since a bullish summit three years ago, but some promising investment and development projects have hit snags and delays.Full Story.
* China’s rush for ivory ill omen for Africa’s jumbos- Business Daily (KEN)
Tucked into a grimy building in Guangzhou, a small band of Chinese master carvers chip away at ivory tusks with chisels, fashioning them into the sorts of intricate carvings that were prized by Chinese emperors. Full Story.
* China is welcome but what are the terms?- Monitor (UGA)
President Museveni this week returned from the Forum on China-Africa Cooperation in Sharm el Sheik, Egypt, full of praises for the rising power in the East. Full Story.
* China’s help to Africa is sincere and welcomed by African people – China Daily (CHN) 
The following is the transcript of Premier Wen Jiabao’s press conference at the Fourth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC). Full Story.
* China-Africa trade co-op future brilliant: Minister- Xinhua (CHN)
The economic and trade cooperation between China and Africa is brilliant in the near future, said Chen Deming, Chinese minister of commerce, when commenting on the just-concluded ministerial conference of the Forum on China-Africa Cooperation (FOCAC). Full Story.
* China’s eight measures mean long-term benefits for Africa: FM spokesman- Xinhua (CHN)
China’s eight measures announced in Egypt to assist African countries would have long-term benefits, said Chinese Foreign Ministry spokesman Qin Gang on Tuesday. Full Story.

* Chinese corporations want to dominate world, Africa– Business Report (ZAF)

Chinese corporations would want to “dominate the world and not only Africa” in the near future, benefiting South African banks with a global presence, a Cape Town-based analyst said on Tuesday. Full Story.
* China defends decision not to veto Darfur ICC referral- Sudan Tribune (SDN)
The Chinese government defended its decision not to block a UN Security Council resolution in 2005 referring the situation in Darfur to the International Criminal Court (ICC). Full Story.
* 4th Ministerial Conference of FOCAC concludes in Egypt- Xinhua (CHN)
The 4th Ministerial Conference of the China-Africa Cooperation Forum (FOCAC) wrapped up in the Egyptian Red Sea resort of Sharm el-Sheikh on Monday, with the adoption of the Declaration of Sharm el-Sheikh and Sharm el-Sheikh Action Plan, defining new programs of cooperation between the two sides in the next three years. Full Story.

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