Championing the right cause – China Daily (CHN)
China, Africa must use gains from Forum to foster long-term relationships. The Forum on China-Africa Cooperation, which has entered its 12th year, is undoubtedly a role model for international and South-South cooperation. But what makes the forum different is its adherence to pragmatic cooperation principles and the focus on mutually beneficial mechanisms.
China ‘economic role model for Africa’ – China Daily (CHN)
Ghana minister says chinese firms have to raise their game to compete with western brands. Hanna Tetteh, Ghana’s minister for trade and industry, says China is an important partner for Africa’s development but not the most vital one.
Partnerships, promises and failures – Africa-Asia Confidential
Despite the billions of dollars in investment that President Jacob Zuma’s ‘Look East’ policy could potentially deliver, Asian investment in South Africa has already yielded many promises, few strategic partnerships and some notable failures.
Union takes government and China to task – Africa Asia Confidential
Benin’s Syndicat national des travailleurs de l’administration des transports et des travaux publics (Syntra-Ttp) is leading public calls for African governments to hold Chinese construction companies to account for their bad behaviour.
Chinese premier calls for deeper cooperation with Republic of Congo – FOCAC
Chinese Premier Wen Jiabao said here Thursday that China and the Republic of Congo should strengthen exchanges and cooperation in various fields so as to push their relations to a higher level.
Stronger Youth Ties for Better China-Africa Cooperation – FOCAC
The second China-Africa Young Leaders Forum was held in Beijing International Convention Center and brought together nearly 200 young leaders from China and 38 African countries. The two-day forum enhanced exchanges between young leaders and was dedicated to China-Africa friendship.
More on China and Chad – Amb. David Shinn
John Schellhase, who works at the Development Research Institute at New York University, commented extensively in the 26 June 2012 issue of The Diplomat on the South African Institute of International Affairs (SAIIA) paper on Chad.
Africa’s industrialisation process has begun – The Africa Report
Jean-Michel Severino, former head of the Agence Française de Développement and advisor to newly elected French president, François Hollande, talks to The Africa Report in this exclusive interview about Africa’s industrialisation process and China’s impact on the continent’s infrastructure development.
SA farmers aim for Asian markets – Business Day (ZAF)
SOUTH African maize and citrus farmers are setting their sights on Asia as they grapple with growing competition in Africa and falling demand in Europe.
With promises of booming demand in the East and low shipping costs, South African farmers are vigorously courting Asian buyers, focusing on China.
China top target as S.Africa farmers look east – Reuters
South African maize and citrus farmers are setting their sights on Asia as they grapple with increasing competition in Africa and falling demand in Europe.
Tanzania to seek China help on farming – IPP Media (TZA)
Tanzania is planning to involve the Chinese government in its agriculture revolution strategy as well as establish value-adding small industries to boost agricultural products by local producers, this paper can report.
With the new Chinese paddy tech, Tanzania can feed entire Horn of Africa, – IPP Media (TZA)
The governments of China and Tanzania have vowed to cement the prevailing cooperation in agricultural technology, particularly on rice production by using hybrid rice from the Far East Asian country.
Finance and Banking
Chinese economy in SADC, a growing concern – New Era (NAM)
The emerging economy of China, which is rapidly rising in the Southern African Development Community (SADC), has sparked growing concerns regarding unethical business behaviour.
Here’s What’s Driving China’s Investments In Africa – Business Insider
Chinese investment in Africa represents a small—3 to 4 percent in 2011—but growing piece of total Chinese outward foreign direct investment (OFDI) worldwide. Africa is the third largest recipient of Chinese OFDI behind Asia and Europe, totaling nearly $90 billion.
SA wakes up to Africa’s potential – Fin24 (ZAF)
South Africa prides itself as a first world country in a third world continent, trading mostly overseas, but is starting to train its sights on its poor but fast-growing African cousins as turmoil in Europe slashes exports to its traditional markets.
AfDB Targets New Investments In Brazil, India And China – Ventures Africa
As a result of the global economic downturn, the Euro zone crises and reduction in available capital, African Development Bank (AfDB) is targeting new sources of finance and more stable new markets across the world. This was made known by Kapil Kappor, the bank’s director of strategy in an interview with Reuters at the Rio+20 sustainable energy summit in Rio de Janeiro, Brazil.
Mining and Metals
Southern Africa: Chinese Economy in SADC, a Growing Concern – Asia Times
One of China’s largest mining companies has dipped its toes into South Africa’s platinum sector, at a time when the industry is in its worst crisis in years.
Deal with illegal Chinese miners – Gov’t of China – Ghana Web (GHN)
The government of the Republic of China has given its backing to the government of Ghana and the rest of Africa, to sanction Chinese companies and individuals whose actions are going contrary to the laws and welfare of citizens of the respective countries.
Bélinga back on the table – Africa-Asia Confidential
The Gabonese government reconfirmed in early June that it is open to discussions with all interested parties on the development of the Bélinga iron ore mine that was initially awarded to China Machinery Engineering Corporation in 2007.
Oil and Energy
Asia Cuts July Imports West Africa Crude to 10-Month Low – Bloomberg
Asian refiners will reduce imports of West African crude in July to the lowest level in 10 months as China and India cut purchases, a survey of seven traders and an analysis of loading plans obtained by Bloomberg News showed.
Becoming an ICT hub for Central Africa – China Daily (CHN)
29 June 2012
With strong technologies, including broadband and 3G, Congo shows off its good connections
Congo has made great strides in the area of Information and Communications Technology (ICT) since the armed conflict in the country ended in 1997.
Hang up and call later – Africa-Asia Confidential
On 6 June, Algeria’s courts ruled that Chinese telecoms companies Huawei and ZTE are banned from participating in public tenders due to their inappropriate relationship with a former employee of Algérie Télécom.
Chinese Tech Firms to Attend Broadcasting Conference in Kenya – CRI (CHN)
Chinese digital broadcasting technology firms with interest in Africa’s rapidly growing broadcasting and electronic media content distribution sectors are set to attend a conference in Kenya next month, organizers said on Wednesday.
A matter of private equity – Africa-Asia Confidential
Africa’s top private equity firms are in talks with their Chinese counterparts to channel a new wave of investment into African companies. On 16 June, Vincent Le Guennou, Chief Executive Officer of Emerging Capital Partners, one of Africa’s largest PE firms, said that Chinese funds want to allocate more resources to Africa, either as direct investments or through funds like ECP
Transport and Infrastructure
Laying foundation for future – China Daily (CHN)
Infrastructure moves help China carve an indelible niche in Africa. During the past few years, I have made several trips to various African nations for research purposes. Each time I went to Africa, I was impressed with the changes there, particularly the broad asphalt highways and the grand buildings in various African nations.
Chinese and Turks to build US$3.2 billion railway line in Ethiopia – Mingin Review
Ethiopia has signed two deals worth US$3.2 billion with Chinese and Turkish companies to construct a railway to link the land-locked Horn of Africa nation to Djibouti’s Tadjourah port in order to export potash.
Turkey Inc muscles in on China in Africa – Financial Times (GBR)
What will 1,500 Turks be doing this year in the desolate space between Weldiya and Awash in Ethiopia? The answer is “building a railroad” following an announcement on Thursday by Turkish construction company Yapi Merkezi.
Chinese vice premier meets Botswana official, pledges cooperation on poverty reduction- FOCAC
Vice Premier Hui Liangyu met Tuesday with Botswana’s Minister of Presidential Affairs and Public Administration Mokgweetsi Masisi, pledging to boost cooperation between the two nations on poverty reduction.
African cultural delegates toured Beijing – FOCAC
The Cultural Ministers’ Forum of Forum on China-Africa Cooperation kicked off in Beijing on June 18. The next day, cultural delegates from African countries visited the Palace Museum, the National Museum of China and the National Center for the Performing Arts (NCPA), accompanied by Yu Peng, deputy director of the Bureau of External Cultural Relations, the Ministry of Culture.