Weekly news

19/05/2010 to 20/05/2010


Region’s Looming Famine – Gibe III- Pambazuka (KEN)
East Africa’s looming ‘eco-genocide’, set to impact one million people, is about to become a reality in Ethiopia and extending to Sudan and Kenya if Gilgel Gibe III mega-dam – the second largest in Africa – continues along its destructive path.

IPP – Bauchi’s Effort to Shore Up Power Supply- Daily Independent (NGA)
The problem of epileptic power supply will soon be a thing of the past in Bauchi State following the multibillion naira Independent Power Plant (IPP) embarked upon by Governor Isa Yuguda.

Thika town, the new Nairobi suburb- Standard (KEN)
The Nairobi Metro 2030 vision launched by the Ministry of Nairobi Metropolitan Development in July 2008 was to make Nairobi a “world class metropolis.”

China finances the construction of a cement plant- Journal de Angola (AGO)
The Director of the Investment Promotion Centre of Mozambique (CPIM) confirmed on Monday that China Development Bank (CDB), Chinese state institution, approved a funding of about one hundred million dollars to build a factory cement Beloluane, in Maputo province.

Pushing the African agenda at the Shanghai Expo- Pambazuka News (KEN)
China’s soft power is being show cased once again with the current Shanghai Expo that was officially launched on April 30th. The Expo follows closely on the heels of Beijing’s spectacular hosting of the 2008 Olympics.

China to expand Niger operations- FT (GBR)
China plans to expand multi-billion-dollar energy and infrastructure projects in Niger despite a coup that toppled the country’s Sinophile president, according to the ambassador overseeing one of Beijing’s most audacious thrusts into Africa. 

Cultural exchange beefs up mutual understanding between China, Africa- Xinhua (CHN)
The upcoming “Africa Focus on cultural exchange” activities, which will take place in Beijing soon and extend to the major cities throughout China, will be an event of historical significance expected to further promote the mutual understanding between the Chinese and African people.

Dangote’s Ibese Cement Factory Begins Production Feb 2011- Daily Independent (NGA)

The dream of moving the nation to self sufficiency in cement production may get a boost soon, as Dangote Group’s Dangote Cement Works Limited, Ibese, Ogun State, is set to commence cement production in its two lines by March 26, 2011.

China to buld $90 million cement factory in Mozambique- Business Report (ZAF)
China will build a 90-million-dollar (72-million-euro) cement factory in Mozambique, a spokesman said on Wednesday, the latest in a string of investments around Africa.


China to build 530MW plant- New Vision (UGA)
CHINA has agreed to construct the Ayago-Nile hydro-power dam that will provide about 530MW to meet the 8% annual electricity demand. The river that drops about 80m over about 9.5km is at Murchison Falls in Nebbi district.

Kazo-Kamwenge road to be tarmacked- New Vision (UGA)
THE Nyakahita-Kazo and Kazo-Kamwenge road is to be tarmacked, Dan Alinange, the Uganda National Roads Authority spokesman, has said. “This road is important because it completes the national paved road circuit and is also an international transit route to the Democratic Republic of Congo,” he said.

FirstRand, Chinese Ink Africa Deals- Business Day (ZAF)
FIRSTRAND, SA’s second-biggest lender, has completed its first transactions in Africa with China Construction Bank Corporation after the two agreed to co-operate last July. 

Nigeria-China Partnership… the Gains and Challenges- This Day (NGA)
The Chinese Business Community in Nigeria was formed as a private sector initiative to foster cordial business relationship between Nigerian businessmen and their Chinese counterpart.

Oiling the gears- Africa Asia Confidential (GBR)
Beijing’s biggest African offer yet is a risky gambit to gain a major stake in the upstream and downstream sectors of Nigeria’s oil business

CIF, Beijing’s stalking horse- Africa Asia Confidential (GBR)
Beijing’s relationship with the China International Fund is much clearer than it likes to admit.

Beleaguered Bélinga- Africa Asia Confidential (GBR)
Gabon’s huge iron mine project due to begin production in 2011 has been delayed again by the new government’s plans to renegotiate terms.

Beijing digs deeper into Zambian mines- Africa Asia Confidential (GBR)

Oppositionist Michael Sata’s rhetoric against China is not slowing down Chinese investment plans ahead of Zambia’s national elections, which are due in 2011.

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