Banda’s China Visit Resulted in Seven Agreements – Times of Zambia (ZAM)
Foreign Affairs Minister Kabinga Pande has told Parliament that President Banda’s recent State visit to China resulted in the signing of seven agreements that will benefit Zambia. Full Story.
China shrewd in its trade dealings – Business Daily (KEN)
In the past few years, China’s global financial power and its presence in African economic activities have increased tremendously.Thanks to the global financial crisis, China has managed to buy valuable assets in Africa and other parts of the world cheaply. Full Story.
SA must modernise its rail system – Business Report (ZAF)
South Africa must modernise its rail system, Transport Minister Sibusiso Ndebele said on Friday….He had undertaken an official visit to the People’s Republic of China earlier in March 2010.
“The main aim of the visit was to strengthen ties between China and South Africa in the transport sector, with the specific focus of the visit being on rail transport.” Full Story.
Chinese company to build new Power plant – Sudan Tribune (SDN)
s nation once again plunges in to major power crises, Ethiopia power Utility signs a new contract agreement with a Chinese company to build a new hydro power project as part of the country’s long term commitment to meet growing power demand. Full Story.
Angola and China are committed to dialogue to strengthen ties of cooperation – Jornal de Angola (AGO)
The strengthening of cooperation between Angola and China is necessarily the ongoing dialogue between the parties, said yesterday, Secretary of State for Cooperation. Full Story.
Kenya should tap Chinese expertise – Daily Nation (KEN)
Of late, our country has been blessed with the opportunity of having China share its unique and inexpensive way of bringing much needed development. Full Story.
Sh27bn Kenya arms purchase queried – Daily Nation (KEN)
The government was on Sunday on the spot over its massive expenditure on military hardware. A whopping Sh27 billion ($348 million) was used to buy combat aircraft, helicopters, grenade launchers and other light arms in a single year, according to a report by a peace studies institute….Mr Kapondi said. Among the hardware Kenya is said to have bought were 15 combat aircraft from Jordan and four helicopters from China. Full Story.
China Invested $7.24 Billion Locally in 2009 – Daily Trust (NGA)
The Chinese Government invested 7.24 billion dollars in different sectors of the Nigerian economy in 2009, Mr Rong Yansong, Commercial Counsellor, Chinese Embassy, said in Enugu. Full Story.
Chinese Govt Invested $7.24bn in Nigeria – This Day (NGA)
The Chinese Government invested $7.24 billion in different sectors of the Nigerian economy in 2009, Mr Rong Yansong, Commercial Counsellor, Chinese Embassy, said in Enugu. Full Story.
From all indications, the fifth attempt to privatise NITEL, the former state telecoms monopoly, may have hit the rocks. And this has added to the many cases of absurdity in the country. The latest attempt to privatise NITEL has ended up in the setting up of a panel to investigate the two top prospective buyers. That was the fourth attempt to privatise NITEL. Full Story.
China to extend cooperation with Angola – Jornal De Angola (AGO)
A Chinese delegation led by Ji Peiding, a member of the Advisory Committee on Foreign Policy’s Republic of China, since Monday is here, to strengthen cooperative relationships with Angola in the economic area. Full Story.
Public Works Minister Visits Inhambane – AIM (MOZ)
ozambican Public Works Minister Cadmiel Muthemba started on Wednesday a five day working visit to the southern province of Inhambane to assess the progress of work for which his ministry is responsible….As for the Xai-Xai /Chissibuca stretch, this was awarded to the Chinese contractor China Henan International Cooperative Group-CO (CHICO). Work on this 96 kilometre stretch is at an advanced stage, and is set to be completed by next year. Full Story.
Abducted Chinese fishermen freed in Cameroon – BBC (GBR)
Seven Chinese fishermen kidnapped off Cameroon’s disputed Bakassi peninsula have been released. Full Story.
Africa expands oil production capacity, demand from China strong – Engineering News (ZAF)
African oil production capacity will continue to grow at a significant rate in the medium-term and production capacity is anticipated to reach 7,4-million barrels a day by 2014, an analyst said on Wednesday. Full Story.
Then there is the onslaught from Asia, especially China who is not only trading in merchandise but also in agriculture and construction. Generally, the Asian continent remained the main source of Uganda’s imported products, according to the UBoS report. In 2007, imports from Asia increased by 56.7% to $1,175m from $750m in 2006. Full Story.
Will star digitilise Uganda? – The new Vision (UGA)
By the end of last year, Uganda had 12 free television stations and two satellite pay TV broadcasters. The regional communications conference to which Uganda is a signatory requires all the countries to switch from Analogue to Digital Terrestrial Television by June 2015 as a way of tapping into the opportunities the modern technology world offers. Full Story.
The Chinese company ZTE received an allocation of approximately 10,000 hectares of land from the Ministry of Agriculture. The deal aims at boosting production of wheat and maize, state media reported. Full Story.
Zimbabwe: China Ties Zim, China Ties to Grow – The Herald (ZWE)
Trade and economic relations between Zimbabwe-China are expected to grow this year following the full implementation of the Forum on China-Africa Co-operation, a senior Chinese official has said. Full Story.
FG threatens to revoke N2.75bn Oguta Port contract – Vanguard (NGA)
The Federal Government has threatened to revoke the N2.75 billion contract for the construction of the Oguta River Port, Osse-Motor in Aguta Local Government Areas of Imo State, following the inability of the contractor to effectively mobilise to site, nine months after the contract was awarded. Full Story.
Chinese targeted in Africa – News 24 (ZAF)
The abduction of seven Chinese workers in an oil-rich coastal region off the west African state of Cameroon is the latest in a rash of attacks on Chinese around the continent. Full Story.
Sino-Africa trade relationship hits record high in two years, says Ambassador GU – Walta Info (ETH)
Addis Ababa, March 15 (WIC) – The Embassy of China in Ethiopia said the Sino-Africa trade relationship hit high in the past two years registering more than 90 billion USD in the past fiscal year alone amid the global financial crises. Full story.
Kenya says oil explorer interest returning – Walta Info (ETH)
Oil explorers have started to return to Kenya after a break occasioned by the financial crisis but activities will pick up after the drilling of a Chinese well in the north, the Kenyan energy minister said on Monday. Full Story.
Slowly but surely the Chinese settled in Burundi – Africa News (NED)
In Burundi, there are 200 chinese who are working in the fields of infrastructure, health, trade … Already heavily indebted, Burundi who wants to finance some major projects in borrowing money from Chinese banks are deterred by Bretton Wood, who fear a re-indebtedness. Full Story.
IMF sees Africa shunning dependence for trade and prosperity – Business Daily (KEN)
However, we expect China and its businesses to engage in fair trade so as to ensure African economies get better returns on their raw materials. Both IMF and the World Bank are engaged in strengthening governments’ ability to handle emerging complex transactional contracts between them and Chinese businesses. Full Story.
Ministry Defends Road Tenders – Namibian (NAB)
The Ministry of Works says it does a lot to uplift local contractors, especially small and medium enterprises (SMEs). Ministry Permanent Secretary George Simataa last week called a media briefing to refute allegations that the ministry was giving the majority of road construction projects to Chinese companies. Full Story.
President Banda arrives back from Malawi – Luska times (ZWE)
President Rupiah Banda has arrived back from Malawi were he went this morning for urgent consultative talks with his Malawian counterpart Bingu Wa Mutharika…Mr Banda said he had bilateral talks with Dr Wa Mutharika as regards projects in Malawi being undertaken by the Chinese adding that the projects would be of benefit to Zambia. Full Story.
Zambia Criticised for Developing Relations with China – Times of Zambia (ZAM)
In recent times, the Government and in particular President Banda have come under criticism for embracing and developing the relationship with China. Full Story.
Africa: Chinese Takeover? I’m Not Losing Any Sleep – The East African (KEN)
In the past month, almost every international magazine and Western website that reports on international affairs seemed to have an article on the Chinese economic takeover (or even “colonisation”) of Africa. Full Story.
Cameroon- Seven Chinese Nationals kidnapped in peninsula – Africa News (NED)
The unknown group calling themselves “Africa Marines Commandos,” kidnapped Seven Chinese nationals on Friday morning in international waters off the Bakassi peninsula in southwest Cameroon. Full Story.
Vital lessons to our leaders from the Chinese work ethic – The Standard (KEN)
As I drove on a completed stretch of Thika Road that is under construction, I could not help but say aloud “I’m impressed”. My colleague, who was in the car, connected wittily “You are wearing a Chinese expression!” Definitely the presence of Chinese in Kenya has an expansionist intention, you can advance and call it stealth imperialism. Full Story.
7 Chinese nationals kidnapped in Cameroon: Embassy- Xinhua (CHN)
Seven Chinese nationals working for a private fishing company were kidnapped off the Bakassi peninsula in southwest Cameroon, Chinese Embassy in Cameroon confirmed on Saturday. Full Story.
Industrial villages get Japan help – Daily Nation (KEN)
Kenya’s efforts at industrialisation will receive a boost following the roll-out of the one village-one product initiative. The Japanese International Co-operation Agency (JICA) will provide the technical assistance for the plan……It is expected to further fuel the search for the soul of Kenya’s industrial base, with other countries like India and China seeking to transfer their technology to prop up manufacturing in rural areas. Full Story.
Zimbabwe still has friends, Mr Biti – The Zimbabwe Guardian (ZWE)
Zimbabwe’s finance minister, Mr Tendai Biti, recently said that Zimbabwe is now alone as the IMF has indicated that it is not prepared to loan Zimbabwe any money at the moment. “We are not going to get outside help from anyone. Last year we got $30 million from South Africa and $5 million from China, the credit lines are not going to be extended to Zimbabwe again. We are going to be alone,” said minister Biti. Full Story.
Senegal seeks resolution of energy crisis – Africa News (NED)
The government of Senegal has made a giant step with the signing of a multimillion dollar project that aims at resolving chronic energy problems for the people residing in a section of the capital, Dakar. Senegal’s Minister of International Cooperation, Karim Wade and the Chinese ambassador to the West African nation, Yuan Xing Gong, signed a financing agreement of a project as part of extension of electricity network in the capital. Full Story.
Additional $1m needed to repair earthquake damaged road in Malawi – Engineering News (ZAF)
The Chinese government, which is financing the ongoing construction of the 106-km Karonga–Chitipa road, in northern Malawi, says it will cost $1-million to reconstruct a stretch of the road damaged by an earthquake which hit the district of Karonga last December. Full Story.
New power substations will be built in Viana – Jornal de Angola (AGO)
Three new power substations will be constructed this year, in Viana district, here, under the fourth phase of the Angola-China. Full Story.
Don’t Cancel NITEL Sale, CNPP Tells Jonathan – This Day (NGA)
Conference of Nigerian Political Parties (CNPP) yesterday advised Acting President Goodluck Jonathan not to cancel the bid for Nigeria Telecom-munications Plc, which New Generation Tele-communications Limited Consortium won at $2.5 billion. Full Story.
Kosmos withholds Jubilee sale, goes into drilling – Ghana Web (GHN)
Kosmos Energy has withheld the sale of its 30 percent stake in Jubilee Oilfield…Government on the other hand, wanted the concession to go to China National Offshore Oil Company (CNOOC), leading to a misunderstanding between it and Kosmos. Full Story.