CAN comment: There seems to be a growing trend in the African media of articles calling for leaders to drive a harder bargain with China. Often the China-Africa debate has taken a simplistic good or bad binary, but increasingly commentators are rightly calling for their governments to drive a harder bargain with Chinese investors.
CAN comment: President Xi will attend the upcoming meeting of the BRICS nations in Durban in South Africa. This continues China’s admirable record of senior Chinese visits to Africa, demonstrating the importance of the continent to China’s strategic interests. President Obama has only visited Africa once in 5 years since becoming president.
CAN comment: Very rosy view of China’s relationship with Africa delivered by an African Phd candidate studying at a Chinese university. Perhaps a good example of soft power in action. China has been looking to make inroads into the ‘western’ viewpoint put across by US and European media and education by increasing the reach and power of its own institutions.
CAN comment: In stark contrast to the previous article this one savages Chinese involvement in a heavily xenophobic attack. Just goes to show the extremes on both sides of the arguement. “The African race is in danger of imminent extinction from Chinese greed and war of attrition and occupation… China is experiencing trade boom at the expense of the African continent, which has become the waste basket for Chinese rejects, reprobates, criminals, prostitutes and sub-standard goods.”
CAN comment: Good antidote to the ‘China and the west at war’ narrative that tends to pervade China Africa discourse. While interests are often portrayed in stark contrast, there has been a increase in partnerships and cooperation between large western and Chinese firms.
CAN comment: Some great soundbites from some smart Africans in the know about the pros and cons of Chinese investment. Well worth a read.
Africa ‘must limit its reliance on China’ – Business Day (ZAF)
PUBLIC Investment Corporation (PIC) CEO Elias Masilela on Thursday identified China as one of Africa’s “biggest risks”, saying the continent was becoming too dependent on the Asian giant too quickly, and that this would have serious consequences.
How the Africa-China romance is killing Europe – Africa is a Country
In the past decade the international media first focused on China’s economic boom, which was then followed by the ‘Africa is rising’ narrative. The latter partly as a result of China’s investments. Many have wondered whether China’s interest in Africa would trigger a new wave of colonialism and exploitation of mineral resources, needed to keep Chinese factories going.
Interview: China’s experience of development should be followed: Sudan’s ruling party official – FOCAC
Ibrahim Ghandour, an official in charge of external relations of Sudan’s ruling National Congress Party (NCP) said Wednesday that the Chinese model in economy, politics and sustainable development should be followed by the third world countries.
China’s Xi to visit S. Africa from March 26 – Global Post (USA)
China’s incoming president Xi Jinping will visit South Africa this month, shortly after he takes up the post, the foreign ministry said Thursday. “On the 26 (March) there will be state visit of China in Pretoria,” said spokesman Clayson Monyela.
Africans are not comfortable about the way the West perceive China-Africa friendship- Former Foreign Minister Seyoum Mesfin – Ethiopian Herald (ETH)
China is playing constructive role in Africa to transform African economic development by increasingly engaging in physical and human development, Ambassador Extraordinary and Plenipotentiary to China, Ambassador Seyoum Mesfin said. In an exclusive interview he held in his office Beijing, Seyoum indicated that China is continuously playing transformative role in manufacturing, infrastructural, agro processing, and in harnessing natural resource sectors which Africa badly needs to boom its economic development to reduce poverty.
Libya expects Chinese companies to resume businesses – FOCAC
A high-level Chinese delegation arrived Tuesday in Libya’s capital Tripoli to discuss with the Libyan side on Chinese companies’ return to resume businesses in the country.
China in Africa: ‘Imperial power’ or ‘altruist’? – Pambazuka News (KEN)
Contrary to the claims of critics, China’s partnership with Africa is based on sincere friendship, equality and mutual respect for the sovereignty through non-interference in domestic affairs and the offer of loans and grants.
China wholeheartedly welcomed by Africa: FM – China Daily (CHN)
China has significantly contributed to Africa’s economic growth and improvements in the livelihood of African people, a spokeswoman for China’s Foreign Ministry said Tuesday. Spokeswoman Hua Chunying said at a daily press briefing that China-Africa cooperation is based on the principles of mutual benefit and common development.
What is new about China in Africa? – Capital FM (ETH)
The new stage of competing forces on the continent has resulted in a plethora of recent analyses dealing mainly if not exclusively with the Chinese impact and practices. With the exception of the current controversies around the EU engineered Economic Partnership Agreements (EPAs) and the emerging concerns about the United States Africa Command led further military control over the continent, the European and US policies and interests seem to feature much less prominently.
Finance and Banking
Out of China, into Africa: Tracking the ways of private Chinese investment – Foreign Policy Africa
China’s growing role in Africa over the past decade-or-so has raised some eyebrows. Questions surrounding China’s motives for investment abound: Are they purchasing U.N. votes? Simply extractingnatural resources? Expanding the rhetoric of revolution, as it did in the 1960s?
IMANI casts doubts over $3bn Chinese loan – GhanaWeb (GHN)
Policy think tank, IMANI Ghana says it has been vindicated by the government’s inability – so far – to access the $3 billion Chinese loan despite signing the agreement a year ago.
Africa Needs Fewer Humanitarians, More Profit-Seeking Chinese Investors – Hit and Run
According to Zambian economist Dambisa Moyo, the key to lifting millions of Africans out of poverty lies not in foreign aid but in profit-seeking investments from China. The U.S. doled out almost $50 billion in foreign aid in 2011, and research shows that a lot of it went to preserving corrupt systems that keep the majority poor and without rights.
China, Africa and FDI – International Policy Digest
A number of us have struggled for years trying to determine the amount of China’s foreign direct investment (FDI) in Africa. China’s Ministry of Commerce regularly publishes a total cumulative figure for FDI in Africa. In 2012, Minister of Commerce, Chen Deming, stated that as of the end of 2011 China’s cumulative FDI in Africa “exceeded $14.7 billion, up 60 percent from 2009.”
Mining and Metals
China Africa Resources progresses feasibility study – Mining Weekly (ZAF)
London-listed China Africa Resources expected to complete the feasibility study of its Berg Aukas project, in northern Namibia, by the end of the year. China Africa Resources, which was a 65:35 joint venture between East China Mineral Exploration and Development Bureau and Aim-listed Weatherly International, planned to start metallurgical work on the deposit early in 2013.
Chinese firm buys Aurora mine – Fin 24 (ZAF)
China African Precious Metals (CAPM) has bought assets of the embattled Aurora gold mine in Orkney in the North West, the company said on Wednesday. CAPM said it reached an agreement with provisional liquidators of the mine and successfully met their requirements, including the full payment of the acquisition price.
Oil and Energy
China’s CNPC approached on Eni stake in Mozambique gas field – Engineering News (ZAF)
China National Petroleum Corp (CNPC) has been approached by investment banks and asked to consider buying part of Italian oil company Eni SpA’s stake in a giant natural gas field in Mozambique, a person with knowledge of the matter said on Thursday.
Algeria seeks to allay energy concerns – UPI.com
Algeria maintains a strong position as a leader in the development of natural gas despite January’s terrorist attack, a minister said from Houston.
Don’t allow nuclear power plants in Ghana – GhanaWeb (GHN)
On what is Ghana’s 56th Independence Day anniversary, the point needs to be made that no nation that lacks a maintenance culture, and whose people are unable to manage even the relatively simple task of the disposal of household and industrial waste, should ever contemplate building nuclear power plants.
Chinese telecoms firm for closer links with Tanzania – IPP Media (TZA)
China International Telecommunication Construction Corporation (CITCC) has said it will continue working with foreign customers and local partners to establish long-term and stable relations. CITCC Deputy Director Haijun Jiang said in an interview with this paper early this week that the move would enable the company to build a stable information platform for communication between China and other countries, including Tanzania.
Uganda China enjoy robust relation in ICT sector Minister – Uganda Daily Eye (UGA)
The relation between Uganda and China, especially in the information and communication sector, is robust, said Thembo Nyombi, Ugandan ICT State Minister, on Thursday.
China’s enterprises boost African telecom development – People’s Daily (CHN)
“In 2004, it used to cost several dollars talk on the phone for one minute in Ghana. Butnow, only 0.1 dollar per minute,’’ said an employee from Expresso Telecom LimitedCompany in Ghana, “the telecom market cannot be compared with the old days, thanksto China’s enterprises .”
Transport and Infrastructure
Six thoughts on China’s involvement in Africa’s infrastructure sector – How we made it in Africa
It seems like the issue surrounding China’s involvement in Africa just cannot go to rest. During a session around the topic of infrastructure earlier today at the Ernst & Young Strategic Growth Forum in Cape Town, business leaders and government officials were asked whether they thought China’s involvement in Africa’s infrastructure sector should be welcomed or seen as a threat. Below are their answers.
African, Asian forest experts meet to share decade of learning – AfriqueJet
Experts in forest governance from ten countries in Africa and Asia are due to meet this week in China to take stock of their successes and frustrations over the past decade and learn how their hosts handle issues in the sector.
China Has Taken Over African Domestic Economies And Dumping Chinese In Africa – Modern Ghana (GHN)
China is using Africa as a waste basket. We hear that Caribbean countries are not spared. The Chinese have taken over Ghanaian and other African countries gold mines small holdings from native Africans as well.