Weekly news

30/06/2012 to 06/07/2012

Top Stories:                                                                                                          

 Dambisa Moyo Fails To Uncover A More Complex Situation – African Arguments

 China Seen by Africans as Partners, America and Europe Seen as Predators – Global Research

 Foreign Direct Investment inflows to sub-Saharan Africa on the rise – Business Live (ZAF)

 China’s Special Economic Zones in Africa – Amb. David Shinn

 Malawi bans Chinese retailers to trade in rural areas – Nyasa Times (MWI)

 China’s Navy Gathers Good Will Off Somalia – International Business Times

Politics                                                                                                                 

China, Algeria: Partners from the start – China Daily (CHN)
05/07/2012
It’s a great pleasure to address the readers of China Daily on the occasion of the 50th anniversary of the Independence of Algeria, a day when Algerians will highlight the strong support extended to them by nations such as China during their struggle against colonization.

Beijing’s Role in Africa – New York Times (USA)
04/07/2012
Dambisa Moyo (“Beijing, a Boon for Africa,” Op-Ed, June 28) argues that China’s involvement with Africa is not exploitative, since it is merely motivated by a quest for “land, oil and minerals.” Yet many Europeans who colonized Africa were seeking exactly the same thing.

China Seen by Africans as Partners, America and Europe Seen as Predators – Global Research
03/07/2012
Pursuing imperial or colonial ambitions with masses of impoverished people at home would be wholly irrational and out of sync with China’s current strategic thinking.” Yet even though the U.S. and other NATO countries are facing the worst economic crisis since the Great Depression with high unemployment and rising poverty, the imperialist aims of the West are clearly guiding its foreign policy toward Africa.

Dambisa Moyo Fails To Uncover A More Complex Situation – African Arguments
02/07/2012
In June 27’s New York Times, well-known African aid sceptic Dambisa Moyo attempted a corrective analysis. I will leave the reader to make their own minds up on her statement, in the context of legitimacy issues, that ‘despite all the scaremongering, China’s motives for investing in Africa are actually quite pure’.

Agriculture                                                                                                           

Chinese exports agricultural tech to Africa – China Daily (CHN)
02/07/2012
Agricultural technology that has proved effective in curbing desertification in Northwest China’s Gansu province has been exported halfway around the globe to Africa to help locals tame desert sands.

Chinese agricultural tech travels to Africa – Global Times (CHN)
01/07/2012
Agricultural technology that has proved effective in curbing desertification in northwest China’s Gansu province has been exported halfway around the globe to Africa to help locals tame desert sands.

Finance and Banking                                                                                           

Foreign Direct Investment inflows to sub-Saharan Africa on the rise – Business Live (ZAF)
06/07/2012
Foreign Direct Investment inflows to sub-Saharan Africa (s-SA), which includes SA, jumped from US$29.5 billion in 2010 to $36.9 billion in 2011, a United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report released on Thursday showed.

Foreign direct investment into Africa to double by 2014: UN – Reuters
06/07/2012
Foreign direct investment inflows into Africa fell in 2011 for the third consecutive year but could more than double by 2014, as stronger economic growth, ongoing reforms and high commodity prices improve investor perceptions, the United Nations said on Thursday.

Chinese Investment in Africa: Myths and Realities – Asia Society
06/07/2012
Increasing Chinese engagement in Africa is one of the biggest international stories today. In less than a decade, China has gone from being a peripheral player in Africa to one of the most influential economic and political actors on the continent.

Uganda welcomes Chinese investment – China Daily (CHN)
06/07/2012
Uganda is embracing more and more Chinese investments,especially in industry, agricultural processing and tourism infrastructure, said Madibo Charles Wagidoso, ambassador of Uganda to China during a recent exclusive interview with China Daily.

China’s Special Economic Zones in Africa – Amb. David Shinn
05/07/2012
The July 2012 issue of International Affairs contains an article titled “Economic Statecraft in China’s New Overseas Special Economic Zones: Soft Power, Business or Resource Security?” by Deborah Brautigam and Tang Xiaoyang. It looks at special economic zones (SEZs) globally, including those in Algeria, Egypt, Ethiopia, Mauritius, Nigeria and Zambia.

Emerging Investors in Africa: Africans – Wall Street Journal (USA)
05/07/2012
As U.S. and European companies retrench from their efforts to bankroll projects across Africa, a group of investors is quickly emerging to pick up the slack—other Africans.

South Africa to seek Chinese investment – People Daily (CHN)
04/07/2012
A high-powered delegation from South Africa’srichest province Gauteng is on way to China to seek more investment in infrastructureprojects, it was announced on Tuesday.

Gov’t Will Use Chinese Loan Judiciously – Peace FM
04/07/2012
Vice President John Dramani Mahama on Monday gave the assurance that the Chinese loan that the government has secured will be used judiciously in all sectors of the economy.

Bank of China opens an office in Kenya – Business Report (ZAF)
03/07/2012
The Central Bank of Kenya has granted Bank of China a license to open a representative office, a likely first step towards a full operation in east Africa, the central bank said on Tuesday.

Mining and Metals                                                                                                

China’s Race for Resources and What it Means for Us – The Guardian (GBR)
01/07/2012
China’s impact on the global economy since it embarked on the pursuit of growth through the market three decades ago has been a two-way street. On the one hand, there is the familiar story of how the world’s most populous nation and its second biggest economy has exported a stream of cheap manufactured goods with richer nations making up for the deficiencies of domestic demand in what is still quite a poor country.

Oil and Energy                                                                                                     

W.Africa July oil flow to China seen at 2012 low – Reuters Africa
02/07/2012
China’s demand for West African crude oil for July is expected to fall to the lowest level this year following refinery run cuts there, a Reuters survey of traders showed on Monday, amid a sharp sell-off in benchmark Brent crude futures.

Telecommunications                                                                                            

Africa wrap: Kenya in R580m fibre project – Tech Central (ZAF)
04/07/2012
Kenya’s government has secured a 6bn shilling (R580m) loan from China to connect 36 Kenyan districts using fibre-optic cable. The project is intended to provide the East African nation’s government with the ability to communicate and transact digitally, even from remote areas. The project forms part of a plan by the Kenyan and Chinese governments to create a national fibre-optic network. The loan is to be repaid over a 15- to 20-year period.

Trade                                                                                                                    

China-Africa trade hits historic high: report – China Daily (CHN)
05/07/2012
Trade between China and Africa saw steady growth and hit an historic high in 2011 despite the turbulence in some Northern African countries, according to the annual yellow book on African development released in Beijing on July 4.

Malawi bans Chinese retailers to trade in rural areas – Nyasa Times (MWI)
05/07/2012
It’s now official that Chinese traders owning retail shops in rural areas have to move to towns and cities by 31st July, 2012, according to a directive by Ministry of Industry and Trade.

China’s impact on commodity prices – This is Africa
02/07/2012
Since 2002, global commodity prices have boomed with major implications for Africa’s resource-rich economies. Over the past century there have only been two other periods of such widespread commodity price increases – in the early 1950s and the early 1970s.

Transport and Infrastructure                                                                                 

China’s Avic signs three-plane deal with Cameroon – Reuters
05/07/2012
China’s Avic International has reached a 61 billion CFA francs deal with Cameroon for the delivery of three of the aircraft maker’s MA60 turboprop planes, the company said on Wednesday.

China Railway Group to build in Ghana – China Daily (CHN)
04/07/2012
China Railway Group Ltd, the country’s leading heavy infrastructure company, recently won abid for a public housing program in the African country of Ghana. The program, located in the capital city Accra, covers 30,000 housing units, with theconstruction cost per unit varying from $12,000 to $49,000.

Chinese embassy clarifies reports on Angolaproject – China Daily (CHN)
04/07/2012
The Chinese embassy in Angola on July 3 denied a media report, which said that a Chinese–built residential development project in the country is a “ghost town” with large empty estates.

Why has China built a ghost town in Africa? – Daily Mail (GBR)
04/07/2012
It was supposed to be a state-of-the-art city for 500,000 – but eerie footage shows how a Chinese-built urbanisation is at risk of becoming Africa’s first ‘ghost town’.

South Africa seeks cooperation with China on new high- speed railway – FOCAC
03/07/2012
South Africa is exploring the possibility of the cooperation with China on developing the Johannesburg-Durban high-speed railway, the newspaper Business Day reported on Thursday.

China’s latest import to Africa? A ghost town in Angola – Financial Post (USA)
03/07/2012
Now, state-owned China International Trust and Investment Corporation (CITIC) has built a town in Angola. And it’s fairly empty. Just outside Angola’s capital city of Luanda is Nova Cidade de Kilamba a residential development of 750 eight-story apartment buildings, a dozen schools, and more than 100 retail units.

China’s First Highway wins Cameroon motorway deal – Reuters Africa
03/07/2012
A Chinese firm has been awarded the contract to build a six-lane motorway linking Cameroon’s capital Yaounde and the economic hub city of Douala, the west African nation’s economy minister said.

Defence                                                                                                                

China’s Navy Gathers Good Will Off Somalia – International Business Times
04/07/2012
Four years after the United Nations called on nations around the world to help curtail piracy off the coast of Somalia, the situation off the failed African state’s shores looks more or less unchanged.

Environment                                                                                                         

China donates Bio-gas appliances to Ethiopia – China Daily (CHN)
30/06/2012
Supporting the country’s effort in the development and promotion of renewable energy coordinated by the National Bio-gas Program of Ethiopia (NBPE), China on Friday donated bio-gas appliances to Ethiopia.

Education                                                                                                             

Learning Chinese in Zambia – China in Africa: The Real Story
01/07/2012
A growing number of students are producing really first rate field research on China in Africa. I recently read the M.A. thesis of Arwen Hoogenbosch, who is finishing his M.A. in Leiden.

Society                                                                                                                 

Sudan, China launch healthcare network project – China Daily (CHN)
05/07/2012
Sudanese Ministry of Health, China Foundation for Poverty Alleviation (CFPA) and the Sudanese Al-Birr and Tawasul Charity Organization (BTO) on Wednesday celebrated the launch of maternal and infant healthcare network project, based at Abuousher Friendship Hospital in central Sudan’s Gezira State.

Sudan, China launch healthcare network project – FOCAC
05/07/2012
Sudanese Ministry of Health, China Foundation for Poverty Alleviation (CFPA) and the Sudanese Al-Birr and Tawasul Charity Organization (BTO) on Wednesday celebrated the launch of maternal and infant healthcare network project, based at Abuousher Friendship Hospital in central Sudan’s Gezira State.

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