Weekly news

13/10/2012 to 19/10/2012

Top Stories:                                                                                                          

 China wants peace in Africa- IPS

“China’s cooperation with Africa will become a problem in the future if civil wars continue to exist”.Very pragmatic approach being taken by China to explain its growing interest in peace and security. Interesting that the article is very keen to point out that China won’t pick sides but will support institutions like the African Union.a 

 Africa pushes for extra seat on IMF board of directors – Business Daily (KEN)

The true face of win-win. While critics often suggest China’s support for African countries is hollow, their diplomatic support in helping developing countries to gain greater say in international institutions is of great value to Africa.

 Riding the dragon – The Southern Times (ZAF)

Perspectives from a number of different commentators on what Africa needs to make the most out of its relationship with China. The experts say: push China to export more manufacturing, and make sure the economic benefits of working with China get deeper than the powerful elites.

 Ghana probes death of ‘illegal Chinese gold miner’ – BBC Africa (GBR)

This story has huge potential impact on China’s long term relations with Africa. A 16 year old Chinese illegal gold miner was killed in clashes with Ghanaian security forces. This was greeted with protests in China putting a great deal of pressure on the Chinese government to make sure something was done. If the Chinese public begin to take greater interest it could force China to be much more involved in the actions of its small scale petty businessmen in Africa.

 The Rise And Fall Of (Chinese) African Apparel Exports – Analysis – Eurasia Review

Great analysis of how AGOA alongside US quotas on Chinese imports expedited a Chinese transshipment trade through Africa. While the often low levels of value added in Africa mean the benefit to Africa was limited, with small tweaks this accidental policy could have been very successful in promoting manufacturing.

 Why Chinese and African Traders Are Not On Good Terms – The Star (KEN)

Comment on China’s attitude to emigrant small scale traders: “Quite frankly, they are embarrassed by them, but there’s nothing they can do to stem the tide when word gets out that there are opportunities and money to be made in Africa.”

Politics                                                                                                                 

Vice Foreign Minister Zhai Jun Mourns the Death of Former President of the Republic of Algeria Chadli Bendjedid at Algerian Ambassador’s Residence – FOCAC (CHN)
19/10/2012
On October 16, 2012, Vice Foreign Minister Zhai Jun mourned the death of former president of the Republic of Algeria Chadli Bendjedid who died of disease at Algerian Ambassador’s residence.

China calls for more international attention, input to promote prosperity in Africa – GlobalTimes (CHN) 
18/10/2012
China on Wednesday called on the international community to continue to increase attention and input to Africa so as to promote its stability and prosperity.

2nd China-Africa Think Tanks Forum kicks off – Walta Information (ETH)
16/10/2012
The 2nd China-Africa Think Tanks Forum (CATTF II) opened in Bishoftu Town, Oromia State on Friday to discuss ways of improving governance, peace and security.

Remarks by Chinese Ambassador SHU Zhan on 63rd Anniversary of Founding of People’s Republic of China – FOCAC (CHN) 
15/10/2012
This Evening,we are celebrating the 63th Anniversary of founding the People’s Republic of China.

Museveni vows to deepen Ugandan-Sino ties in talks with Chinese envoy – FOCAC (CHN)
15/10/2012
Ugandan President Yoweri Museveni on Wednesday said his country would work with China to achieve greater development in bilateral relations in the next 50 years.

China wants peace in Africa- IPS
13/10/2012
China could soon expand its involvement in peace and security issues in Africa, according to government officials, researchers and academics from both the Asian giant and resource-rich continent who met at the second China-Africa Think Tanks Forum in Ethiopia from Oct. 12 to 13.

Should Africa Greet China With Open Arms? – The Voice (GBR) 
11/10/2012
Let’s be real, the dreams of many an African-independence-leader are the stuff of folklore.

Finance and Banking                                                                                           

BRICS can build optimism – China Daily (CHN)
18/10/2012
Despite their slower growth, emerging economies will remain the engines driving the global recovery and future development

Businesses need strong links with Chinese investors – IPP Media (TZA)
15/10/2012
Tanzania Investment Centre (TIC) has told the local business community and investors to forge and strengthen relations with their Chinese counterparts for the benefit of both countries.

Africa pushes for extra seat on IMF board of directors – Business Daily (KEN)
14/10/2012
African countries are pushing for an extra seat on the IMF executive board of directors.

China’s Yuan Internationalization: Made In Africa, Not Hong Kong – Forbes 
16/10/2012
As debates over whether or how China should internationalize its currency, the renminbi, rage on, it is striking to see what remains missing from the dialogue: Africa.

Riding the dragon – The Southern Times (ZAF)
15/10/2012
African governments have largely failed to take full advantage of the opportunities offered by China’s growing economic presence on the continent.

IMF takes dim view of Africa growth – The Southern Times (ZAF)
15/10/2012
Africa south of the Sahara will this year experience lower-than-anticipated economic growth due to the impact of the eurozone crisis, says the IMF.

Mining and Metals                                                                                                

Op-Ed: China Urgently Needs a “Reset” With Africa – Tea Leaf Nation (CHN)
16/10/2012
The recent crackdown by the Ghanaian government on illegal gold  mining put the livelihood of hundreds of Chinese workers in the country at stake.

Ghana probes death of ‘illegal Chinese gold miner’ – BBC Africa (GBR)
15/10/2012
Ghanaian police are investigating the killing of a Chinese boy during a security force crackdown on illegal gold mining, the government has said.

Chinese bids for Botswana copper  – The Southern Times (ZAF)
15/10/2012
Discovery Metals Ltd says it is evaluating Chinese equity firm, Cathay Fortune Corporation (CFC), and China-Africa Development (CAD) Fund’s 850 million dollar all-share offer for Botswana focussed base metals producer.

Oil and Energy                                                                                                     

Alternative energy supply strategies a key feature of upcoming event – Creamer’s Engineering News (ZAF)
19/10/2012
An upcoming Africa-hosted idea sharing event is set to examine the role that citizens can play in the creation of ‘smarter’ cities that exploit sustainable energy sources and solidify public–private partnerships, and will also investigate strategies to advance the environmental focus of the continent’s largest urban centres.

Telecommunications                                                                                            

China’s telecom products recommended in South Africa – Global Times (CHN) 
17/10/2012
The China’s telecom products are widely used in South Africa due to their good quality and being affordable, South African experts told Xinhua on Tuesday.

China exports surge 9.9% – Fin24 (ZAF)
15/10/2012
China’s September exports rose 9.9% from a year earlier, the government said on Saturday, fuelled by strong demand ahead of the holiday shopping season and government stimulus measures.

Big No to Fake Goods – From Anywhere – Tanzania Daily News (TZA)
15/10/2012
The Tanzania Communications Regulatory Authority (TCRA) contemplates switching off all fake mobile phones in a move to combat counterfeit and substandard handsets that have flooded the local market.

The Rise And Fall Of (Chinese) African Apparel Exports – Analysis – Eurasia Review (CHN)
15/10/2012
The surge in African apparel exports that followed the launch of new US trade preferences in 2000 gave hope that African industrialisation was around the corner. Ten years down the road, the success was all but forgotten

ZTE, Huawei to Get Ethiopian Telecommunications Contracts – Walta Information
13/10/2012
Ethiopia’s government will sign a two-year contract with Huawei Technologies Co. and ZTE Corp. within weeks, Communication and Information Technology Minister Debretsion Gebremichael said.

Transport and Infrastructure                                                                                 

Top Ford exec wary about SA’s prevailing labour-market tensions – Creamer’s Engineering News (ZAF)
19/10/2012
The last number of years has seen more labour disruptions to Ford’s business in South Africa than to any of the US manufacturer’s other global plants, says Ford Asia-Pacific and Africa president Joe Hinrichs.

Mozambican president to inaugurate airport terminal handed over by Chinese firm –
FOCAC (CHN) 
18/10/2012
Mozambican President Armando Guebuza is expected to proceed this week with the official inauguration of the new domestic terminal of the Maputo International Airport that was officially handed over by the Chinese Anhui Foreign Economic Construction Group Co. Ltd.

Geely South Africa Motors – 3D Car Shows
16/10/2012
Chinese automotive giant Geely, which took over Swedish carmaker Volvo in 2010, has come out tops in three out of four JD Power customer satisfaction survey divisions in its home country.

Trade                                                                                                                    

South Africa to exhibit export opportunities in China – Creamer’s Engineering News
18/10/2012
Trade and Industry Minister Dr Rob Davies will lead a delegation of 68 companies to in Beijing and Shanghai, China, next week.

Why Chinese and African Traders Are Not On Good Terms – The Star (KEN)
16/10/2012
Ever since former US President Richard Nixon set foot in China in 1972, the country has been on a growth trajectory never before witnessed in the history of the world.

African Textile Exports, China and AGOA – The Official Blog of David H. Shinn
15/10/2012
The Eurasia Review ran a brief but fascinating analysis on 15 October 2012 of the impact on African textile exports under the U.S.

Environment                                                                                                         

African rhino poaching hits record on cancer claim – Reuters
16/10/2012
A record number of African rhinos were illegally killed in South Africa this year, driven by the use of their horns in Chinese medicine and a spreading belief in Southeast Asia, unfounded in science, that they may cure cancer.

Chinese Intercepts Namibian Seal Oil – The Namibian
15/10/2012
Namibian omega-3-rich seal oil is no longer sold locally because a Chinese merchant has the sole right from a local seal company to export the product to other African countries.

Media                                                                                                                   

Africa `prepared` for migration to digital TV – IPP Media (TZA)
17/10/2012
African governments have approved a continental digital television switchover that is scheduled for completion by 2015 and are therefore part of the revolution that is set to bring with it more choice and more value to television viewers.

Society                                                                                                                 

China sends youth volunteers to Uganda – New Vision (UGA)
15/10/2012
The first batch of 15 Chinese youth volunteers have arrived in Uganda in another move to boost cooperation between China and Uganda, reports China’s Xinhua news agency.

South Africa’s tourism experienced excellent first half of the year – Global Travel 
Industry News (ZAF) 
15/10/2012
According to the most recent tourism figures, tourist numbers to South Africa increased by an impressive 10,5% during the first six months of 2012, which is double the global tourism growth rate of 5%.

Over 60,000 Chinese tourists visit South Africa in first half of 2012: minister – 
FOCAC (CHN)
15/10/2012
South African Minister of Tourism Marthinus van Schalkwyk on Sunday commended the trade relations between South Africa and China following a record 60,000 Chinese visiting South Africa in the first half of 2012.

Chinese firm to build $32 mln Civic Center, museum in southern Nigeria – FOCAC (CHN)
15/10/2012
The China-based housing and architectural designing outfit, the Tianjin Yuyang Construction Company, has officially embarked on the building of a 5 billion naira (approximately 32 million U.S. dollars) state-of- the-art Civic Center and museum in Ado-Ekiti, capital of Ekiti State in southwestern Nigeria.

Living in China Town – The Southern Times (ZAF)
15/10/2012
SADC is bound to see an influx of Chinese firms and Chinese nationals finding their way to African soil as Chinese firms are taking up construction ventures and forging alliances with many African states.

Comments are closed.