Weekly news

25/08/2010 to 31/08/2010

Retracing Chinese roots in the Coast- Standard (KEN)
01/09/2010 Chinese researchers, in conjunction with Kenyan archaeologists, are on the threshold of rewriting maritime history.

CADF signs extraction deal for uranium- Global Times (CHN)
China National Nuclear Corporation (CNNC) announced Tuesday that it has signed a contract with the China-Africa Development Fund (CADF) on uranium exploration in Africa.

Vice President Boakai Craves More Chinese Investments- The Informer
Vice President Joseph N. Boakai has told a major business forum for Chinese Investors in Shanghai, China, that the main focus of the Ellen Johnson Sirleaf-led Government is to transform Liberia into an oasis of peace and prosperity.

Former Presidents Sound Warning- The Citizen (TZA)
African governments need to reform ownership of land in the countries without looking for foreign assistance, former presidents urged yesterday.

Do We Have Statistics on China’s Africa “Land Grab”?- Deborah Brautigam (USA)
Commercial investment in agriculture in low income countries is a hot button issue, for many good reasons. Often linked to corruption, frequently involving unscrupulous grabbing of land from unprotected traditional holders, the transfer of land from subsistence or smallholder use to commercial or large-scale use is fraught with problems and nearly impossible to manage in a socially sustainable manner.

Chinese Firms Take to Africa Like Bushfire- Daily Nation (KEN)
The Chinese influence, in the form of its people, investment and business, is sweeping across the African continent like a wild fire.

Standard Bank to work with China nuclear firm- Business Day (ZAF)
Standard Bank has agreed with China Guangdong Nuclear Power Company to work on nuclear power opportunities in South Africa, the chief executive of Africa’s biggest bank said yesterday.

China to invest $13bn in Mozambique – paper- Engineering News (ZAF)
The daily Noticias said agreements between China and Mozambique had been signed to construct a 20-square kilometer “China Town” in Mozambique’s capital of Maputo and to build a car factory and hydroelectric dams.

Mining – Cameroon, China Cooperation Intensifies- Cameroon Tribune (CAM)
Chinese Ambassador in Cameroon, Xue Jinwei, yesterday held discussions with Badel Ndanga Ndinga.

Infrastructure Needed to Boost Boom, Says Chinese Envoy- Times of Zambia (ZAM)
Chinese ambassador to Zambia Li Qiangmin has said the economic boom that Zambia has recorded needs to boosted by more infrastructure such as the Tanzania Zambia Railways (TAZARA).

China’s Suntech signs pact to build SA solar plants- Business Report (ZAF)
Suntech Power, China’s largest maker of solar panels, said on Thursday that it has signed a deal to develop solar plants in South Africa with up to 100 megawatts in capacity as the country looks to boost clean energy output.

South Africa, the Continent and China in a Changing World Economy- Presidency of RSA (ZAF)
Lecture by President Jacob Zuma of the Republic of South Africa, Renmin University, Beijing, China.

Zambia: Local contractors cry for equal opportunities- Lusaka Times (ZAM)
For many years, the small and medium local contractors have been at the helm of Government’s league chart for their continued failure to implement projects awarded to them.

Zuma courts China to back SA’s Bric hopes- Business Day (ZAF)
President Jacob Zuma was confident SA had secured more favourable trade concessions from China, on the second day of his three- day visit to the country.

China’s new scramble for Africa- Financial Times (GBR)
The sight of large delegations from Africa in Beijing is becoming commonplace. The latest to arrive is led by Jacob Zuma, president of South Africa.

China Signs Rail Agreement- BuaNews (ZAF)
25/08/2010 Transport Minister Sibusiso Ndebele today signed a ground-breaking agreement on railways and other transport-related matters with Chinese Railway Minister Liu Zhijun.

Beijing beams its messages- Africa-Asia Confidential (GBR)
August China’s state-owned television, radio and news companies are working more closely with Africa’s journalist corps

Beijing offers an iron bailout- Africa-Asia Confidential (GBR)
A record US$100 million signature bonus for Andry Rajoelina’s regime from Chinese investors will not be enough to compensate for the loss of aid funds as Western governments try to sanction the regime.

Luanda’s oil lifeline- Africa-Asia Confidential (GBR)
Economic relations between Luanda and Beijing are getting even closer as Angola struggles with mounting debts while China becomes more dependent on Angolan oil.

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