Weekly news

29/09/2010 to 05/10/2010

New project set to feed Nyanza residents- Standard Bank (KEN)
06/10/2010 It is hoped after completion in 2012, about 400,000 people will benefit as farmers or traders. Some 1,474 hectares will be put under irrigation. Work has started in earnest, with Chinese contractor Sino-Hydro Company, partnering with a local contractor, Machiri Company.

China and Brazil’s mining interests to drive growth in Mozambique- Club of Mozambique (MOZ)
05/10/2010 The participation of Brazilian and Chinese in the Mozambican coal sector will be one of the biggest drivers of growth for the country’s economy in 2011, according to financial rating agency Fitch, in a report on Mozambican credit risk.

BHP deal better for Canada- Business Report (ZAF)
A BHP takeover of Potash Corp would have few negative impacts for Canada while its acquisition by Chinese state-owned firm Sinochem could result in a huge drop in royalties, a study said on Monday.

China is our undoing in terms of environment sustainability- Daily Monitor (UGA)
China is host to pre-COP 16 Climate Change talks. But China remains the biggest climate abuser on Earth, in my view. Was the country chosen for the current meeting because it is changing its ways?

Chinese Quotas Help Slow Job Losses in Clothing Industry- Business Day (ZAF)
Job losses in the clothing, textile and footwear industries have slowed in the three years to June 30 this year, according to the Southern African Clothing & Textile Workers’ Union (Sactwu).

Trade in full swing- Journal de Angola (AGO)
The Ministry of Commerce of China announced yesterday its forecast that bilateral trade between the country and Africa this year comfortably exceed the 100 billion U.S. dollars.

Participation in Expo Shanghai has changed the image of Angola- Journal de Angola (AGO)
The leader of the Church of Our Lord Jesus Christ in the World, Afonso Nunes, declared Saturday in Luanda, his satisfaction with the participation of Angola in the Expo-2010 being held in Shanghai, China.

Three Chinese jailed for human trafficking appeal sentence- Ghana Web (GHN)
Three Chinese who were jailed after being busted for transporting and trafficking 10 Chinese girls to engage in the sex trade in Ghana have appealed against their conviction at the Accra Fast Track High Court.

Rousing Welcome For Prez- Ghana Web (GHN)
Hundreds of Ghanaians yesterday thronged the Kotoka International Airport (KIA) to welcome President John Atta Mills from his four-day state visit to Japan.

World divided over new scramble for African land- The East African (KEN)
A World Bank report has confirmed that 45 million hectares of land in developing countries were bought in 2009, a tenfold jump from the previous decade.

Lagos seeks govt partnership on Lekki free trade zone- The Guardian (NGA)
With Lagos State authorities commissioning the first major facility at it’s Lekki Free Trade Zone (LFTZ) complex at the weekend, Governor Babatunde Raji Fashola has called for the Federal Government’s support by way of infrastructure provision.

Chinese man held over violence- New Vision (UGA)
The  Jinja Magistrates’ court has confiscated the passport of a Chinese national on charges of threatening to stab his landlord with a knife.

China trade with Africa heads for $100bn mark- Business Day (ZAF)
Since the launch of the Forum on China-Africa Co-operation in 2000, bilateral trade has grown at an annual average rate of 33,5%, from $10bn in 2000.

Trade With China Grows- New Era (NAM)
In 2009, trade between the two countries reached US$600 million compared to the US$75 million in imports and exports recorded in 2003.

Danquah Institute must stop masquerading as a ‘think tank’ – Deputy Minister- Ghana Web (GHN) 03/10/2010
A Deputy Minister of Finance, Mr. Fiifi Kwetey, has challenged the posturing of local think-tank, the Danquah Institute, asking it to put down its masquerade and come clear on what it really stands for.

Sino-African trade 2003-2009: trade balances- Chine-Afrique (FRA)
Data retrieved from Chinese statistical yearbooks including one dated 2010 (2009 data)

China keen to work with Ethiopia for GTP success: Ambassador Gu- Walta Information (ETH)
The Chinese Ambassador to Ethiopia, Gu Xiaojie, said his country is ready to work with Ethiopia in its efforts to implement the Growth and Transformation Plan as well as step up the all-round cooperation on mutual benefit.

Nigeria embarks on vast free trade zone with China- Africa Good News (ZAF)
Nigeria is building a multi-billion dollar free trade zone with Chinese investors on the edge of its commercial capital Lagos to try to develop a local manufacturing base and help reduce its import dependence.

Chinese Army Joins Scramble for Marange Diamonds- Standard (ZWE)
The Chinese army has joined the rush for the Marange diamonds amid reports that precious stones worth millions of dollars are being airlifted regularly to Beijing in exchange for weapons.

The Personal Challenge of Being Chinese in Africa- China Talking Points
For most people, the Chinese engagement with Africa is an enigma.  The combination of these two peoples, cultures and, increasingly their politics, are just so foreign to most of us that we do not have the necessary reference points to form an opinion.

Foton adds to taxis, panel vans with new pick-up range- Engineering News (ZAF)
Chinese vehicle manufacturer Foton has added the Thunda single and double-cab pick-up range to its minibus taxi and panel van models available in South Africa since 2007.

China support for Tazara laudable- IPP Media (TZA)
The Tanzania Railway Authority (Tazara) means a lot more than a railway line to Tanzania, Zambia, the People’s Republic of China and the entire southern African region.

Chinese Investment Hits $7 Billion- Leadership (NGA)
Chinese Minister of Industry and Information Technology, Li Yizhung has disclosed that China’s investment portfolio in Nigeria has reached US $7 billion.

Beijing embraces soft power to justify its dealings with Africa- Business Daily (KEN)
30/09/2010 Irked by accusations that it is the new coloniser of Africa, China is looking to use soft power and historical evidence of its ancient links to the continent to justify its economic embrace of Africa.

Tazara set to receive 90 container wagons- IPP Media (TZA)
The Tanzania Zambia Railway Authority (Tazara) has signed a contract with a Chinese manufacturer for the manufacture and supply of 90 container wagons worth 36 million Chinese Yuan (approximately US$5 million).

Zambia ’ll lose investment if Sata wins, warns ABSA chief- Lusaka Times (ZAM)
Amalgamated Bank of South Africa (ABSA) Capital, Africa strategist Ridfle Markus has predicted that Zambia will lose investment if Patriotic Front (PF) president Michael Sata emerges victorious in next year’s elections.

China’s Rise – Lessons for the West- Pambazuka News (KEN)
Raphie Kaplinsky of Britain’s Open University was one of the founders of its Asian drivers programme which began as far back as February 2005 following a Rockefeller programme on global production networks.

China increases trade- Journal de Angola (AGO)
Trade between China and Portuguese-speaking countries have increased this year through August, to 58,570 million dollars, announced on Monday, the direction of Chinese Customs.

Wesizwe posts loss, talks continue- Business Report (ZAF)
Wesizwe Platinum was in advanced talks with a Chinese consortium for an $877 million (R6.1 billion) financing package, after it posted a first-half loss, it announced yesterday.

China doing well in creating new instruments of engagement in Africa: U.S. scholar- Xinhua (CHN)
China is doing well in creating new instruments of engagement in Africa, Deborah Brautigam, a professor in Washington-based American University’s international development program, said here Tuesday.

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