Weekly news

13/07/2009 to 19/07/2009

Last weeks China Africa developments: 

* FG suspends $8b rail contract with Chinese firm- Guardian (NGA)
20/07/2009
For alleged non-compliance with due process, the Federal Government has suspended the $8 billion rail contract awarded to a Chinese firm by former President Olusegun Obasanjo. Full Story.
* Chinese companies agree oil field stake- Walta Information (ETH)
20/07/2009
CNOOC and Sinopec have agreed to buy a 20 per cent stake in a subsea oil field off Angola for $1.3bn from Marathon of the US, as China continues to pursue its sometimes chequered efforts to buy up overseas energy and mining assets. Full Story.

* China firm in Namibia bribe claim- BBC (GBR)
20/07/2009
Namibia is investigating allegations of bribery over a government contract with a Chinese state-owned firm that has links to President Hu Jintao’s son. Full Story.* Entebbe Airport going to Chinese- Monitor (UGA)
19/07/2009
Government is in the final stages of preparations to hand over management of Entebbe International Airport to a Chinese company, Sunday Monitor can exclusively reveal. 
Full Story.

* Chinese companies agree oil field stake- FT (GBR)
19/07/2009
CNOOC and Sinopec have agreed to buy a 20 per cent stake in a subsea oil field off Angola for $1.3bn from Marathon of the US, as China continues to pursue its sometimes chequered efforts to buy up overseas energy and mining assets. Full Story.

* Foreign investment helps Niger leader defy critics- Daily Nation (KEN)
18/07/2009
Niger’s president will not be swayed by either local protest or foreign condemnation from his plan to extend his mandate, even though such a move will stoke instability in the African uranium producer, analysts said. Full Story.* Africans Protest in China over Death of Nigerian- This Day (NGA)
17/07/2009
More than 100 Africans surrounded a police station in the Chinese town of Guangzhou Wednesday afternoon after a Nigerian clothing trader, Emmanuel Egisimba, died during an immigration raid. Full Story.

* Chinese bank backs Malawi 
hotel, conference centre 
project – Engineering News (ZAF)
17/07/2009
The Malawi government has secured a $90-million loan from Export & Import Bank, of the People’s Republic of China, for the construction of a five-star hotel and an international conference centre in the capital city, Lilongwe.
 Full Story.

* China sends third naval flotilla for escort mission in waters off Somali- China Wire (CHN)
17/07/2009
A Chinese flotilla departed Thursday to escort merchant vessels and to protect them from pirates in the Gulf of Aden, the third task force that the country has deployed to the region since the end of last year. Full Story.

* China and Africa to cooperate in media- China Wire (CHN)
16/07/2009
African and Chinese media professionals expressed a desire Wednesday to work together to play a bigger role in the international media industry. Full Story.

* Chinese investments to Ethiopia reach $ 900mn- Walta Information (ETH)
16/07/2009
Chinese direct investment to Ethiopia has reached $900 million, making China one of Ethiopia’s biggest investment destinations in Africa, APA learns here on Tuesday. Full Story.

* From China with new ways to improve crop yields- Daily Nation (KEN)
16/07/2009
A new and revolutionary technology, borrowed from China by Ministry of Agriculture officials is being rolled out in the drier parts of Nyeri District and is said to have the capacity to improve food output. Full Story.

* Botswana’s Chinese weekly, The Oriental Post- Danwei (CHN)
15/07/2009
The Oriental Post, Botswana’s first Chinese-language newspaper, was launched with great fanfare at the end of May at a ceremony that included performances of opera and magic and the presence of Miss Botswana. Full Story.

* New LCM to engage workers on full time basis after six months, Mines Minister- Lusaka Times (ZAM)
15/07/2009
The new owners of Luanshya Copper Mines will only be able to engage workers on full time basis after six months. Full Story.

* Kenya seizes Asia-bound ivory- Daily Nation (KEN)
15/07/2009
Kenyan wildlife authorities have impounded nearly $1 million (Sh77m) worth of elephant tusks and rhino horns smuggled by poachers from southern Africa and bound for illegal ivory markets in Asia. Full Story.

* China pledges to work with Sudan to expand co-op in all fields- China Wire (CHN)
15/07/2009
China would work with Sudan to push forward friendly cooperation in various sectors, said a senior official with the Communist Party of China (CPC) in Beijing on Wednesday. Full Story.

* China’s investment expansion in S Africa “only beginning”- China Wire (CHN)
15/07/2009
China’s outward investment expansion in South Africa was only beginning, Kobus van der Wath, the founder and group managing director of the consultancy The Beijing Axis, said on Wednesday. Full Story.

* China alert over ‘al-Qaeda threat’- Al Jazeera (QTR)
15/07/2009
China has warned its citizens in Algeria to be on heightened alert following warnings that al-Qaeda could be plotting attacks on Chinese workers in North Africa in retaliation for the recent crackdown on unrest in China’s western Xinjiang region. Full Story.

* Kosmos Ghana Sale Recedes- Ghana Web (GHN)
15/07/2009
As the race to buy US-based Kosmos Energy’s 30% stake in the Jubilee deepwater oil field off Ghana heats up, doubts whether Kosmos will sell are growing. Full Story.

* Huawei Responds To Allegations Of Fraud- Ghana Web (GHN)
14/07/2009
Huawei Technologies Ghana (Huawei) will like to clarify to its partners, service providers and all the relevant stakeholders that Huawei has been engaged in legitimate business in Ghana for over five years. Full Story.

* Chinese to pump $80m into motor sector- Business Report (ZAF)
14/07/2009
Chana Auto Company (ChangAn), the Chinese state-owned vehicle manufacturer, is to invest $80 million (about R662.4m) in South Africa within the next five years to establish a production plant with an annual capacity of more than 50 000 units. Full Story.

* Liberia: China Signs U.S $10 Million Pact With Country- All Africa (USA)
13/07/2009
The People’s Republic of China and the Liberian Government have signed an agreement under which China will provide a 70,000,000 Renmibi Yuan (equivalent to about US$10 million) grant to Liberia for completion of projects agreed upon by the two governments. Full Story.

* Mozambique dam may ease energy woes in SA- Business Report (ZAF)
13/07/2009
A $3.5-billion hydro-electric dam planned in Mozambique will send up to 80 percent of its output, or 1,200 megawatts, to energy-hungry South Africa, a project spokesperson said on Monday. Full Story.

* Chinese agribusiness company in DR Congo to offer thousands of jobs for locals- China Trade Information (CHN)
13/07/2009
China’s ZTE Agribusiness Company Ltd is aiming at a 1 million hectare palm tree plantation in the Democratic Republic of Congo (DR Congo) for biofuel production, and the project can offer thousands of jobs for the local people, the company’s regional manager Zhang Peng told Xinhua in an interview on Friday. Full Story.

* Liberia welcomes Chinese investors: Vice President- China Trade Information (CHN)
13/07/2009
Liberian Vice President Joseph Nyuma Boakai on Friday invited Chinese investors to focus on the West African country’s agricultural, mining, forestry and other sectors. Full Story.

* China secretly sells Sudan multi launch rocket systems: report- Sudan Trubune (SDN)
13/07/2009
The Sudanese government managed to buy an unknown number of WS-2 multi-launch rocket systems from China, according to Kanwa Defense Review Monthly magazine. Full Story.* Chinese delegation in Zambia for feasibility studies on the stadia to be constructed- Lusaka Times (ZAM)
11/07/2009
A Chinese delegation has arrived in the country to conduct feasibility studies for the construction of three stadia in Zambia. Full Story.

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