China has entered into an agreement with the East African Community on economy, trade, investment and technical co-operation.
Have the likes of Ophir Energy got Somaliland over a barrel? – Somaliland Press (SOM)
Anyone taking even so much of a scintilla of interest into commercial activity across Africa will recognize there has been a sea change in attitude towards business of late. China to its credit has proved that for all the challenges that exist, purposeful relationships can be formed and a sound case made for investment for the medium to long term.
Xinhua and CCTV launch satellite TV in Africa – MQVU
China Central Television (CCTV) plans to launch an English and Swahili service for Africa, competing with CNC TV, a worldwide network launched by the Xinhua news agency (which does not have a domestic television channel in China).
Illegal logs sold back to timber companies – Club of Mozambique (MOZ)
The Mozambican state has just obtained 15.8 million meticais (about 590,000 US dollars) from the sale of many of the logs seized in July in the northern port of Nacala before they could be illegally exported to China.
China’s Role in Africa – The Diplomat
David Cohen and Peter Martin speak with the Director of African Studies at Chinese Academy of Social Sciences, He Wenping. This is the first part of an interview conducted on behalf of partner site the Lowy Interpreter.
China’s health diplomacy in Africa – African Boots blog
China’s contribution to various medical aid projects is an aspect of its involvement in Africa that is often overlooked. Recognised as a form of soft power, sometimes dubbed “health diplomacy”, it is structured differently to the network of NGOs and charities that citizens of other countries have established, independent of their governments. Instead, China is one of the only countries that sends government-paid medical workers to Africa for extended periods.
News roundup: Rands, BRICs and rhetoric – African Boots blog
According to Standard Bank, South Africa’s top export to its biggest trading partner, China, is its currency, the rand.
NICAF, Banks, APCON, Lead Capital, Bemil Others Mourn Alex – The Guardian (NGA)
Six days after the demise of the business mogul Dr. Alex Ibru individuals, government agencies and corporate organisations across the country have continued to extol his virtues.
China builds its African empire while the ‘anti-colonialist’ Left looks the other way – The Telegraph (GBR)
Imagine what would happen if America barged its way into a developing country, buttered up its homicidal dictator and agreed a back-of-the-envelope deal in which he signed over his nation’s mineral wealth in return for roads, railways and sports stadiums. Everyone would benefit, no?
Learning from the Chinese approach to carbon taxation – Engineering News (ZAF)
The Chinese approach is similar to South Africa’s. The first stage is to place a tax on the fossil fuel, and this will eventually lead to an emissions trading scheme (ETS) in six of the major economic regions of China. After a pilot phase, a blanket system over the whole country will be introduced. China will eventually end up with the largest ETS in the world.
China’s ICBC opens Cape office – Business Day (ZAF)
Industrial & Commercial Bank of China opens office in Cape Town, ICBC already has 20% shareholding in Standard Bank to grow African footprint
China to look to Africa for food: study – The Namibian (NAM)
China will increasingly look to Africa over the next decade as the world’s most populous nation seeks to ensure it has sufficient food supplies, according to a study published Wednesday.
Ghana Medical Students Association-China elects members – Ghana Web (GHA)
The Ghana Medical Students Association-China (GMSAC) recently held elections in China to choose new executives for the 2011/2012 academic year.
Niger Commissions Oil Refinery Monday – Daily Trust (NGA)
Niger Republic will on Monday commission the 30,000 barrels per day integrated upstream and downstream Zinder petroleum refinery which was constructed by the Lanzhou Petrochemical Company of China.
China to bolster agricultural trade with Africa – Business Report (ZAF)
Africa will in the next decade increasingly play an important role in China’s long-term food security agenda as demand for food in the world’s most populous nation threatens to outstrip its supply, according to Standard Bank research analysts Simon Freemantle and Jeremy Stevens.
ICBC boasts $7bn in African investments – News 24 (ZAF)
Industrial and Commercial Bank of China, the world’s most valuable lender, has so far invested more than $7bn in Africa through projects with Standard Bank [JSE:SBK] ICBC’s head said on Thursday.
Govt to receive four helicopters from China – Ghana Web (GHA)
Government would soon receive four helicopters from the Chinese Government to provide security and surveillance in the oil and gas fields in the Western Region, Vice President John Dramani Mahama, has announced.
Chinese nature photographer honoured for service to Kenya – The Standard (KEN)
In his first visit to Kenya in 2001, Luo Hong was moved by the magical display of flamingos performing a courtship dance in Lake Nakuru Game Park.
SA’s biggest export to China is the rand – Business Live (ZAF)
In its Africa Macro report released on Thursday Standard Bank noted that China has been purchasing an average of US$1.1 billion per month of physical rand (notes and coins) since November 2010.
CPPCC vice chairman vows to boost relations with Ethiopia – Walta Info (ETH)
A senior Chinese political advisor on Tuesday pledged to strengthen inter-party political communication with Ethiopia.
China: our emissions, our plan – Financial Times blog
When the UN climate talks resume next week in Durban, South Africa, all eyes will be on China, the world’s biggest carbon emitter and second-largest economy.
US diplomat tells China to act responsibly in Africa – AFP
The top US diplomat for Africa said Tuesday that China should act responsibly on the continent as it buys up African oil, gas and minerals to fuel its booming economy.
Chinese Defense Minister aims to promote cooperation in Africa – Xinhua (CHN)
Visiting Chinese Defense Minister Liang Guanglie and his Ghanaian counterpart Lt. Gen. Joseph Henry Smith expressed the willingness to strengthen friendly military cooperation between the two countries during their talks in Accra on Wednesday.
Minmetals extends offer cutoff – Shanghai Daily (CHN)
Minmetals Resources has extended its C$1.3 billion (US$1.25 billion) offer for Congo-focused copper miner Anvil Mining by two weeks as talks continue between Anvil and a local partner on contractual arrangements.
China ready to work with Libya’s new govt – China Daily (CHN)
China welcomes the formation of Libya’s interim government and wishes to push forward the China-Libya relationship, the Foreign Ministry said on Wednesday.
China to enhance trade co-op with Sudan – China Daily (CHN)
China will continue to enhance economic and commercial cooperation with Sudan and encourage Chinese companies to intensify cooperation with their Sudanese counterparts, a Chinese official said here on Wednesday.
US tells Africa to reject ‘cheap’ Chinese goods, labour – Daily News (TZA)
Chinese companies with investments in Africa should be held accountable to the same global standards which apply to Western companies.
Declaration of the 1st Meeting of the China-Africa Think Tank Forum – FOCAC (CHN)
Representatives of think tanks, political and business leaders from China and 27 African countries including Angola, Benin, Botswana, Cameroon, Democratic Republic of Congo, Republic of Congo, Egypt, Equatorial Guinea, Ethiopia, Ghana, Kenya, Lesotho, Mauritius, Morocco, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Togo, Tunisia, Uganda, Senegal, Sierra Leone, Sudan, Zimbabwe and African regional organizations such as the African Union, and countries from other parts of the world, have gathered here in Hangzhou and Jinhua, China for the 1st Meeting of the China-Africa Think Tank Forum (CATTF I) from 27 to 28 October, 2011 and have agreed to promulgate the following declaration.
Chinese Envoy Re-Commits His Government’s Assistance – Heritage (LBR)
The Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China, Zhao Jianhua has recommitted his country’s continued support to Liberia’s reconstruction and development.
IDBZ secures US$30m loan facility – The Herald (ZBW)
The Infrastructure Development Bank has secured a US$30 million facility for small and medium-sized businesses from the Development Bank of China in a deal set to give impetus to the SME sector.
South African airways plans nonstop Johannesburg – Beijing service from Feb. 2012 – routes online
As per 22NOV11 GDS timetable display, South African Airways plans to start 3 weekly Johannesburg – Beijing nonstop service, on board Airbus A340-600, effective 03FEB12.
KK assures China that President Sata means well – Lusaka Times (ZAM)
First Republican President Dr. Kenneth Kaunda has assured the Chinese government that the PF government under the leadership of President Sata is ready to engage China as economic development partner.
Ministry aims to bolster safety abroad – China Daily (CHN)
To better protect Chinese companies and citizens abroad, the country has created a website containing overseas security information.
China Offers to Fund Special Economic Zones in Congo Republic – Bloomberg (USA)
China offered to help fund special economic zones in the Congo Republic, said Zhao Jianping, an assistant governor at the China Development Bank and chairman of the China-Africa Development Fund.
Liberia: Commending China and FAO for the Assistance – The Liberian Times (LBR)
Recently, the Governments of Liberia, the People’s Republic of China and the United Nations Food and Agricultural Organization (FAO) signed a South-South Cooperation (SSC) Tripartite Agreement at the FAO Headquarters in Rome, Italy valued at approximately US$1.2 million. The Agreement, which is financed through the Chinese Trust Fund, we are told, is aimed at contributing to the implementation of the National Programme for Food Security (NPFS) through its support to ongoing initiatives and projects in Liberia over a two-year period.
Health Diplomacy: In Africa, China’s Soft Power Provides a Healing Touch – Wharton University of Pennsylvania (USA)
Much has been made about China’s commercial push into Africa. But a less-publicized facet of its foreign policy strategy there is actually helping millions of Africans. Sometimes dubbed “health diplomacy,” China has been offering much-needed medical aid to African countries for over half a century as a soft power strategy to strengthen bonds with African governments.
China in Zambia: Trouble Down in the Mines – Huffington Post (USA)
“If someone dies, he can be replaced tomorrow, and if you report the problem, you’ll lose your job.” This, in the words of a Zambian copper miner, describes the downside of the growing investment of Chinese companies in Africa over the last decade.
China hopes for smooth Egypt elections despite violent protests – Xinhua (CHN)
China on Monday expressed hope that Egypt’s elections and power transfer could go smoothly, despite recent clashes between protesters and police in the Egyptian capital of Cairo.
Cash-rich Chinese firms come knocking – The Standard (KEN)
Chinese multinationals are set to pump nearly Sh20 billion into vehicle assembly and cement plants in the country, as they set eye on the East African community market.
Chinese firms: step up to fresh African challenges – Global Times (CHN)
In the last 50 years, Sino-African relations have transformed from one-way development assistance into multilateral trades and investments in broader areas. Today, the on-going international financial crisis has produced both opportunities and challenges for China and African countries in terms of closer investment cooperation.
China provides loans, grant worth 95 mln USD to Tanzania – Xiunhua (CHN)
China signed a series of agreements with Tanzania here on Monday, providing aid packages amounting to about 95 million U.S. dollars with a focus on boosting infrastructure in the East African country.