Weekly news

31/03/2012 to 06/04/2012

Top Stories:                                                                                                          

 Wary of pipeline politics – Africa-Asia Confidetial (GBR)

 South Sudan: China’s New Courtship – International Crisis Group – AllAfrica

 Opportunities are there for Africa to compete effectively with China – Daily Nation (KEN)

 Envoy calls for `tangible` contribution from Chinese – IPP Media (TZA)

 Chinese investor to rescue Zim mine – IOL News (ZAF)

 Africa crawls as others scramble for her resources – Daily Monitor (UGA)

Politics                                                                                                                 

Can China end conflict in the Sudans? – CNN
06/04/12
If all had gone to plan, Sudan and South Sudan would have been neighbors co-existing in a strained but civil peace, aware of a bitter history but resolved to moving on.

Wary of pipeline politics – Africa-Asia Confidetial (GBR)
06/02/12
Political and technical worries are holding back progress on the ambitious plans for a national gas industry. Planning and construction work on Ghana’s US$850 million gas pipeline is slowing down because the lead contractor – China’s Sinopec – fears that national elections in December could prompt a wide-ranging project review, industry sources have told Africa-Asia Confidential

Think-tanks and policy-makers – Africa Asia Confidential (GBR)
06/04/12
China’s rocketing trade and political engagement with Africa are driving the growth in think-tanks and policy fora on Asia-Africa relations
A new report from the United States’ Social Sciences Research Council highlights the links between research and China-Africa trade and diplomacy.

China to Cement Bilateral Relation with Namibia – Focac
06/04/12
China is to step up its efforts to implement a comprehensive and substantial cooperation program in various aspects in a bid to strengthen its ties with Namibia, visiting Chinese Vice Premier Hui Liangyu has said.

Angolan president meets with Chinese procurator-general on judicial cooperation – Focac
06/04/12
Angolan President Jose Eduardo dos Santos on Thursday met with visiting Chinese procurator-general Cao Jianming over political, economic and diplomatic relations, and judicial cooperation in particular, between the both countries.

South Sudan: China’s New Courtship – International Crisis Group – AllAfrica
05/04/12
The latest Africa report of the International Crisis Group (ICG) sheds light on the new and rapidly evolving political and economic relationship between China and the Republic of South Sudan, and lays out recommendations for transforming it into an opportunity for mutual economic benefit.

Chinese Vice Premier calls for joint efforts to promote Sino- Ugandan relations – Focac
03/04/12
Chinese Vice Premier Hui Liangyu calls on China and Uganda to take the 50th anniversary of the establishment of diplomatic ties as an opportunity to jointly promote the bilateral friendly and cooperative relations to a new stage.

Economics                                                                                                            

Opportunities are there for Africa to compete effectively with China – Daily Nation (KEN)
06/04/12
It is accepted wisdom among economists that no country can out-compete China — it will always be cheaper, faster and tougher than any other. No matter how technologically sophisticated a country’s industries are, when their Chinese peers enter the market, they can out-price, out-speed and out-live anyone.

UN tips Africa, Asia to lead population growth – The Nation (NGR)
06/04/12
United Nations report has said that Africa and Asia together would account for 86 per cent of all growth in the world’s urban population over the next four decades. ‘This unprecedented increase will pose new challenges in terms of jobs, housing and infrastructure,” said the report, entitled: “2011 Revision of the World Urbanisation Prospects.”

Envoy calls for `tangible` contribution from Chinese – IPP Media (TZA)
05/04/12
Chinese Ambassador Lu Youqing has called on Chinese nationals working, living and studying in Tanzania to make tangible and positive contributions to the country’s development.

Rand stronger on China PMI – Fin24 (ZAF)
03/04/12
The rand firmed slightly against the dollar on Tuesday, lifted by positive Chinese manufacturing data that boosted the outlook for commodities exporters.

Business                                                                                                               

Africa Rising: China steps up production in Ethiopia with drill instructors, investors – Africa Monitor
03/04/12
On arrival at Ethiopia‘s Eastern Industrial Zone, 36 young African factory workers in red track suits are parading military-style in the car park. “Welcome to Huajian,” they bellow in harmony under the mid-morning sun as they march to the orders of a Chinese drill instructor.

Animal instinct and China’s African odyssey – Wall Street Journal (USA)
01/04/12
Roughly one million Chinese nationals are working or doing business in Africa, from Egypt’s Mediterranean shore to the Cape of Good Hope.

Finance and Banking

Conde wants quick results – Africa-Asia Confidential (GBR)
06/04/12
Five-year plans, inspired and financed by China, are winning support in Conakry as pressure mounts on the government. Officials from the China Development Bank (CDB) are offering to finance a substantial part of the Conakry government’s US$8.6 billion overhaul of mining and industrial infratructure, according to a source close to negotiations.

The three billion dollar question – Africa-Asia Confidential (GBR)
06/04/12
The government’s decision to borrow US$3 billion from the China Development Bank (CDB) has become a key election issue, much to the irritation of the authorities in Beijing, who prefer to keep a lower profile

China’s loan to Ghana to benefit Ghanaians: minister – Focac
06/04/12
A senior government official said Thursday that the three-billion U.S. dollars loan secured from the China Development Bank (CDB) reflected overwhelming confidence for the Ghanaian economy and would benefit its people.

Oil and Energy

China-Africa assesses Lupane gas deposits – News Day (ZIM)
03/04/12
China-Africa Sunlight Energy (Private) Limited has contracted Environmental Guardians Services to conduct an environmental impact assessment for exploration of coal and methane gas in Gwayi-Concession.

Mining and Metals

Mwana brings in Chinese partner with share sale – Reuters Africa
02/04/12
Miner Mwana Africa said on Monday it plans to raise $35 million with a share sale that will bring in a Chinese partner and could fund the restart of a nickel mine in Zimbabwe as well as gold and copper projects in the Democratic Republic of Congo.

Chinese investor to rescue Zim mine – IOL News (ZAF)
02/04/12
A Chinese mining group will invest $21.2 million (15.8 million euros) to restart a Zimbabwean nickel mine that closed during the country’s political turmoil, the mine’s owners announced Monday.

Agriculture

Chinese technicians set to support improved agricultural yields in Mozambique – Club of Mozambique (MOZ)
06/04/12
Ten Chinese technicians are due to arrive in Mozambique “soon” to support the country in its efforts to improve the yields of a variety of crops, said Venâncio Massingue, Mozambique’s Minister for Science and Technology, cited by radio station Rádio Moçambique.

Investment

Africa crawls as others scramble for her resources – Daily Monitor (UGA)
03/04/12
It pleases and pays to be rich. However, when wealth brings more desolation than contentment or prosperity, the endowment becomes a curse. And this for decades has been Africa’s story – a place of abundant minerals and arable land transfixed with a sea of poor people.

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