Weekly news

09/11/2009 to 15/11/2009

All last week’s China Africa developments:

* China hails role of Sudanese president in development- Sudan Tribune (SDN)

21/11/2009
A visiting Chinese official hailed the role played by Sudanese president Omer Hassan Al-Bashir in transforming his country in terms of development. Full Story.


* China firm invests in $8bn Zimbabwe- Business Report (ZAF)
20/11/2009
Zimbabwe’s government and a Chinese investment company had signed an $8 billion (R60bn) investment deal, the biggest since the unity government was set up, state media reported yesterday. 
Full Story.

 

* Kambwili’s u-turn welcomed- Lusaka Times (ZAM)
20/11/2009
Centre for Elections and Governance (CEG) Trustee Gershom Musonda has welcomed Patriotic Front (PF) Roan Member of Parliament Chishimba Kambwili’s U-turn on Chines investment and appreciation of investors in improving Zambia’s economy and general welfare of the local people. Full Story.

* China and Sudan sign new oil, gas cooperation agreements- Sudan Tribune (SDN)
19/11/2009
Sudan and the state firm China National Petroleum Corp (CNPC) signed this week three new oil and gas cooperation agreements. 
Full Story.

* China Helps the Powerful in Namibia- New York Times (USA)
19/11/2009
Like parents everywhere, mothers and fathers inNamibia, an impoverished southern African nation, worry about college costs and opportunities for their children. The Chinese government has stepped forward to help — for a select and powerful few. 
Full Story.
 

* Kambwili U-turns on Chinese investors- Lusaka Times (ZAM)
19/11/2009
Outspoken PF Roan Member of Parliament (MP) Chishimba Kambwili, who was a vocal opponent of Chinese investors, has been awarded a contract to supply goods and install some equipment at the re-opened Chinese-owned Luanshya Copper Mines. 
Full Story.


* Zim, China sign US$8 billion investment deals-Zimbabwe Guardian (ZBW)
19/11/2009
The government of Zimbabwe and a Chinese joint venture company yesterday signed five strategic co-operation agreements that will see the country receive US$8 billion in investment deals in several sectors of the economy. 
Full Story.

* China-Eritrea Film Week (2): An interview with Mr. Chen Chaoyang- Shaebia (ERT)
18/11/2009
The China-Eritrea Film Week is one of the three film festivals that take place in Asmara every year. The event is organized by The Embassy of the People’s Republic of China and the Cultural Affairs Bureau of the PFDJ. 
Full Story.

* Ogun to Spend N7bn on Power Plants- This Day (NGA)
17/11/2009
About 20 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.

* China seeks reform of UN peacekeeping- Financial Times (GBR)
17/11/2009
China will convene an unprecedented conference on international peacekeeping in Beijing on Wednesday, in a sign that it is seeking to shape the future of an area in which it plays a rapidly growing role. 
Full Story.

 

* Nigeria: FG to Partner China On Gold Mining- Daily Trust (NGA)

16/11/2009
Minister of Mines and Steel Development Mrs Diezani Alison – Madueke has said the Federal Government was prepared to partner Chinese firms that have shown interest in the development of Nigeria mining sector especially gold. 
Full Story.

 

* Stop land grab, Gaddafi urges summit- Daily Nation (KEN)
16/11/2009

Libya’s Muammar Gaddafi called for an end to the purchase of African farmland by food-importing nations at a UN hunger summit today, describing it as “new feudalism” which could spread to Latin America as well. Full Story.


* Local telecom investor secures Shs600b loan- Monitor (UGA)
16/11/2009
Local telecommunications investor, Libyan African Investment Portfolio (Lap) Green, has signed a $300 million (about Shs600 billion) financing agreement with the Industrial and Commercial Bank of China (ICBC). 
Full Story.

* LAP gets $300m for telecoms investment- New Vision (UGA)
15/11/2009
telecom is one of the African telecommunication companies set to benefit from the $300m fund offered by the Chinese government through the LAP Green Network, a Libyan telecom firm. 
Full Story.

* Entrepreneur is creating a new generation of Nigerian businesses, Edozien- Vanguard (NGA)
15/11/2009
Standard Bank, the parent company of Stanbic IBTC Plc has affirmed its support to the China’s promise of $10 billion concessional loans to African countries. 
Full Story.

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