Weekly news

21/12/2009 to 27/12/2009

All last week’s China Africa developments:

* *Showcase: Asian Crossroads in Africa- New York Times (USA)
This is a big story. And it was the toughest story that the photographer Paolo Woods has ever pursued. It demanded two years of preliminary research and infinite patience in obtaining access. Images.

* EAC official warns against concessioning Tazara- Business Daily (KEN)
East African Community (EAC) secretary- general Juma Mwapachu has cautioned Zambia and Tanzania against rushing into concessioning Tanzania Zambia Railway Authority (Tazara), as ministers from the two African countries and China meet to discuss financing of the cash-strapped firm. Full Story.

* Financial Collaboration in Emerging Markets- This Day (NGA)
The term emerging market is used to describe a nation’s social or business activity when it is in the process of rapid growth and industrialisation. Full Story.

* GIPC makes strides despite global crunch- Ghana Web (GHN)
Despite the global crunch, which has slowed down the pace of global economic growth, the Ghana Investment Promotion Centre (GIPC) has made significant gains in the 2009 financial year. Full Story.

* When Chinese are captured on foreign soil- Global Times (CHN)
With China’s presence expanding globally, Chinese are increasingly becoming the target of hostile activities on foreign soil, such as kidnappings. That means emergency response plans are needed for everyone from individuals to governments. Full Story.

* Help us build a coast guard, pleads Somali diploma- China Daily (CHN)
China has done an excellent job protecting and rescuing ships in the Gulf of Aden for the last 12 months, but the threat from pirates off the coast of east Africa has in no way diminished, said Mohammed Awil, the Somali ambassador to China. Full Story.

* It’s all about trust- China Daily (CHN)
Turay Lamin in his newly opened Turay’s Africa Home, a restaurant and entertainment center in Beijing. Full Story.

* (UPND) President Hakainde Hichilema backs Chinese investment- Lusaka Times (ZAM)
United Party for National Development (UPND) president Hakainde Hichilema has said his party supports Chinese investments and would work to harmonise it’s position with that of Patriotic Front (PF). Full Story.

* Minister condemns Chinese “filthy” Coal mine- Lusaka Times (ZAM)
Deputy Minister for Local Government and Housing Elijah Muchima has described the sanitary condition prevailing at the Nkanddabwe Collume Coal Mine for Chinese in Sinazongwe district as pathetic. Full Story.

* Luanshya MMD happy with President Banda’s performance- Lusaka Times (ZAM)
The ruling Movement for Multiparty Democracy (MMD) in Luanshya district on the Copperbelt province is happy with President Rupiah Banda’s commitment to revamping the economy. Full Story.

* China to Hand Over Several Projects 2010- Informer (LBR)
Chinese Ambassador Zhuo Yuxiao says all ongoing Chinese-sponsored projects in the country will be completed and formally turned over to the Liberian Government on July 26, 2010. Full Story.

* Energy in 2009: Giant Strides Despite Initial Hiccups- This Day (NGA)
At no time in modern history was much concern raised over the operating environment in Nigeria’s energy sector as in 2009. Full Story.

* Climate change conference: Here is China’s stand- Dainly Nation (KEN)
The UN climate change conference was held in Copenhagen, Denmark, on December 7-19. During the last two days, 119 heads of state or government attended. Full Story.

* Crew of hijacked Chinese carrier rescued- FT (GBR)
The crew of a Chinese ship hijacked by Somali pirates in mid-October was safely rescued, the Chinese foreign ministry said on Monday, making no mention of a reported ransom payment. Full Story.

* Africa Says “NO” to “China Threat” – Interview with the Vice Chairman Msekwa of the Revolutionary Party of Tanzania- FOCAC (CHN)
Vice Chairman Pius Msekwa of the Revolutionary Party of Tanzania, who was on a visit to China, said on12 December that “China threat” drummed up by the Western world was entirely groundless and essentially it was born out of jealousy towards China’s influence. Full Story.

* Addis-Adama Expressway Hogs Funds- Addis Fortune (ETH)
The Ethiopian Roads Authority (ERA) is cutting one billion Birr from the budget of its other road construction projects to pay the advance needed for the construction of the six-lane expressway from Addis Abeba to Adama (Nazareth). Full Story.

* Nyakana rejects road equipment- New Vision (UGA)
ensued at Kampala City Council (KCC) headquartes when the central division LC3 chairman, Godfrey Nyakana, refused to receive road maintenance equipment from the acting town clerk, Ruth Kijjambu, and walked away in protest. Full Story.

* Etriteans back UN sanctions as leaders blame Etho- Africa News (NED)
According to local polls, most Eritreans support the United Nations sanctions imposed on Eritrea under the ’repressive’ government of President Isaias Afwerki. Full Story.

* Zesco to Spend $200 Million On Mini-Hydro Power Stations- Times of Zambia (ZAM)
ZESCO acting managing director Cypria Chitundu has announced that the company will in 2010 spend more than US$200 million to develop mini-hydro power stations to improve access to electricity throughout Zambia. Full Story.

* Chinese Delegation Expresses Admiration for Social Solidarity Experience- Tunisia Online News (TNS)
Once again, the Tunisian experience in the sector of social solidarity is appreciated at an international level. Full Story.

* Chinese Mining Investment is Win-Win- FOCAC (CHN)
Undoubtedly, yesterday’s ceremony was cause for celebration by Luanshya, the Chinese investors, the business community and the Government because it is a day that brought joy and hope for a better future especially for people who live in Luanshya.Full Story.

* Kasarani Revamp to Cost China Sh1 Billion, Work Starts Soon- Daily Nation (KEN)
Close to Sh1 billion is what it will cost the Chinese government to rehabilitate and maintain the Moi International Sports Centre, Kasarani. Full Story.

* China voices concerns over UN sanction on Eritrea- Xinhua (CHN)
China said here Wednesday that the UN Security Council “should act prudently in imposing sanctions,” and that “the adoption of the resolution on sanctions against Eritrea by the Security Council should not replace diplomatic efforts to resolve disputes through dialogue and negotiations.” Full Story.

* China includes SA firms on shopping list- Business Day (ZAF)
There is a strong prognosis for Chinese merger and acquisition (M&A) activity in the new year and SA could be on the shopping list. Full Story.

* China’s entry into the scramble for African oil could benefit Africans- New Vision (UGA)
a bid to stimulate the debate on the newly discovered oil and the sharing of the oil wealth, Business Vision runs a series of articles by Professor Kasozi, the director of the National Council for Higher Education. Full Story.

* Nation, China Business Relationship Suffers Imbalance- Daily Champion (NGA)
Nigeria is suffering an imbalance in its business relationship with China as the country loses N7.8 billion to the Asian country annually. Full Story.

* What China’s New Activism in UN means for Africa- FOCAC (CHN)
The despatching of 135 Chinese peacekeeping troops to the troubled Darfur region this week as part of the UN-AU hybrid force highlights the changing role that China is playing in Africa. Full Story.

* What’s to be done after the fourth FOCAC?- FOCAC (CHN)
The fourth FOCAC has come to an end. What did we see from this China-Africa gathering? China tried to strengthen the China-Africa strategic partnership through the announcement of eight new measures related to investment, aid, trade, cultural exchange, etc. Full Story.

* Ethiopia power: The untold story- Standard (KEN)
It has been painted as the ultimate solution to the country’s perennial energy crisis.Indeed, according to extensive investigations by Financial Journal, two top Energy Ministry officials, Minister Kiraitu Murungi and PS Patrick Nyoike, seem to be pegging their legacy on its success. Full Story.

* Chinese, African jurists discuss cooperation in first FOCAC legal forum- China View (CHN)
Chinese and African jurists and lawyers gathered in a forum here Sunday to exchange views on legal affairs and explore approaches to enhance legal cooperation with the expectation to make it a long-acting platform serving the development of China-Africa relations. Full Story.

* Standard Bank in carbon emission reductions deal- Engineering News (ZAF)
Standard Bank and China’s Guodian Power have signed a carbon emission reductions purchase agreement, the parties said on Thursday. Full Story.

Comments are closed.