Weekly news

January 2009

Zambia telecoms ups spending on mobile, cable- Engineering News (ZAF)

Zambia’s state telephone utility will spend about $105 million to lay a fibre optic network and to lift its mobile subscription to one million customers by June 2008, its managing director said. Full Story.

 eyes developed mine assets- FT (GBR)

China looks set to expand its mining and metals holdings in developed economies, industry analysts and executives claim, as global mining companies in financial distress search for cash-rich, long-term investors. Full Story.
Chinese envoy flies to Sudan next Tuesday as ICC decision nears- Sudan Tribune (SDN)
The Chinese special envoy to Sudan Liu Guijin will arrive in Sudan next Tuesday on a four day visit, state media reported today. Full Story.
Chinese ship evades pirates- News 24 (ZAF)

A cargo ship with 32 Chinese crew aboard evaded an attack by four pirate boats in the piracy-plagued Gulf of Aden, China’s state media reported on Tuesday. Full Story.
China congratulates Mills, Mahama- Ghana Web (GHN)
The President of China, Mr. Hu Jintao has sent separate messages to president-elect John Evans Atta Mills while the Chinese Vice President, Mr Xi Jinping has sent another message to Vice President-elect John Dramani Mahama on their electoral victory. Full Story.
Warrant ‘disastrous’ for Darfur- News 24 (ZAF)

China’s special envoy to Darfur on Wednesday warned of “disastrous consequences” if an arrest warrant is issued by the World Court for the Sudanese head of state for alleged war crimes. Full Story.
China urges African UNSC members to request ICC deferral for Bashir- Sudan Tribune (SDN)
African nations sitting on the UN Security Council (UNSC) should introduce a resolution to defer the indictment of Sudanese president Omer Hassan Al-Bashir by the International Criminal Court (ICC), a senior Chinese official said today. Full Story.
Chinese investors eye bamboo sector- Business Daily (KEN)

A group of Chinese industry players is set to visit the country next month to survey investment prospects in the young bamboo industry in Kenya. Full Story.
Reception marks 30th anniversary of China-Djibouti relations- People’s Daily (CHN)
A reception was held here on Thursday to mark the 30th anniversary of China-Djibouti diplomatic relations. Full Story.
China starts buying South African arms- UPI (USA)
China has had a number of dealings with South African weapons manufacturers over the past decade, most of which have not resulted in actual weapons purchases. Full Story.
FG’s N30bn aircraft procurement deal with China in limbo- Vanguard (NGA)

A deal entered into by the Federal Government with a Chinese firm to supply N 17 Aircraft, 12 F7 Aircraft and five other aircraft for use by the Nigerian Air Force at the cost of N30 billion is still clouded in uncertainty, long after over 85 percent payment obligations have been made by the government. Full Story.
China to drill ten water wells in South Darfur- Sudan Tribune (SDN)
Chinese companies will begin drilling of ten water wells in South Darfur State, according to a deal signed in Khartoum today in presence of the visiting Chinese envoy for Darfur. Full Story.
$215m fighter aircraft contract with Chinese still on course, Petirin- Vanguard (NGA)

The Nigerian Air Force said yesterday that the Chinese Company with whom the Federal Government signed a $215 million contract for the supply of nine combat aircraft and three trainer aircraft, was still on schedule to supply the aircraft, noting that insinuations that the Chinese firm had reneged on the contract, were unfounded. Full Story.
China calls for renewed political push to resolve Darfur crisis- Sudan Tribune (SDN)
Sudan must work to enhance internal dialogue in order to reach a settlement to the raging crisis the Western region of Darfur, a senior Chinese official said.Full Story.
Niger eyes nuclear power- Fin 24 (ZAF)

Niger, one of the world’s top uranium producers, said on Friday it would study the possibility of building a nuclear power plant to meet its electricity needs. Full Story.
1st batch of Chinese peacekeepers to Darfur return home- Xinhua (CHN)

The first batch of 160 Chinese peacekeepers returned home Monday from Sudan’s Darfur after completing their 14-month mission there. Full Story.
China has gives Kenya a Sh747 million grant- The Standard (KEN)

China has given Kenya a Sh747 million grant to build a Sh689.5 million hospital in Eastlands, Nairobi and a Sh57 million maize-flour processing factory in Bomet District. Full Story.
Kenya lobbies for trade relatipns with China- The Standard (KEN)
Kenya is partnering with China to bridge the gap in trade between the two countries that heavily favours China, Deputy Prime Minister and Trade Minister Uhuru Kenyatta has said. Full Story.
A Chinese ‘Marshall Plan’ or business?- Asia Times (CHN)

The commitment by China last year of US$9 billion for investment in the Democratic Republic of Congo (DRC) has made Beijing one of the most influential players in the Congolese economy almost overnight. Full Story.
Chinese found with rhino horns- News 24 (ZAF)
Three men were arrested on Wednesday for possession of four rhino horns, Mpumalanga police said. Full Story.
World Bank Blancklists chinese firms- The Standard (KEN)

World Bank has barred four Chinese firms from bidding for World Bank financed projects due to alleged corruption. Full Story.
The multi-billion imitations industry- The Standard (KEN)
Sitting on a plastic chair under a tree outside his house in Nairobi like a real lord, the wheeler-dealer does quick calculations before uttering the verdict. Full Story.
Ghana to rely on China for economic support- Veep- Ghana Web- (GHN)
Vice President John Dramani Mahama, noted on Thursday that Ghana would continue to rely on China for support, to heal the national economy, which has been paralysed by deficit problems and the global economic recession. Full Story.
China eyes closer ties with Africa through FM’s new-year tour- Club de Mozambique (MOZ)
Chinese Foreign Ministry said on Tuesday that Foreign Minister Yang Jiechi’s first foreign trip in 2009 would further step up China’s cooperation with Africa as well as other countries. Full Story.
China to expand Mauritanian Port- Club de Mozambique (MOZ)
The Chinese government is promising to spend more than $280 million to extend the port at Nouakchott by more than 900 meters. The deep-water “Port of Friendship,” can already handle 500,000 tons of cargo a year. Full Story.
China maintains projects of national reconstruction- Journal de Angola (ANG)
The world economic crisis will not affect the investments that the PRC has in Angola, under the Program for National Reconstruction. Full Story.
Chinese trade minister to visit country to work- Journal de Angola (ANG)
The Chinese Minister of Commerce Chen Deminz, arrived in the middle of the afternoon yesterday to Luanda to discuss with various entities of the Government issues related to strengthening of bilateral cooperation under the credit line from China to Angola. Full Story.
China’s annual New Year African safari- Pambazuka News (GBR, KEN)

In the usual start to its New Year diplomatic calendar, Chinese foreign minister, Yang Jeichi, has embarked on a four nation African tour. Full Story.
Local market a dumping ground for inferior products- Engineering News (ZAF)
The National Regulator for Compulsory Specifications (NRCS) has warned that an increasing number of products that fail to comply with South African standards are entering the local market. Full Story.
Zim sanctions ‘not the answer’- News 24 (ZAF)

Kleinmond – Increasing sanctions against the administration of Zimbabwe’s President Robert Mugabe is not the answer to the country’s crises, Chinese Foreign Minister Yang Jiachi said on Friday. Full Story.
Kenyan contractors to reap from ban on Chinese firms- Business Daily- (KEN)

Four Chinese contractors have become the latest casualties of a global purge on corruption in World Bank-funded projects with a huge impact on Kenya’s construction scene. Full Story.
Chinese eye shut Zambian mine- News 24 (ZAF)
Chinese investors and Indian firms have expressed interest in taking over Luanshya Copper Mines (LCM) after the company halted operations in December, state news media reported on Monday. Full Story.
US official blasts China special envoy to Sudan- Sudan Tribune (SDN)
A senior US official lashed out at the Chinese special envoy to Sudan Liu Guijin calling him “difficult” during his engagement in political efforts to resolve the five years Darfur conflict. Full Story.
China’s eight-measure economic policy on Africa well implemented, says Chinese minister – China Wire (CHN)
China’s eight-measure policy designed to strengthen economic and trade cooperation with Africa has been effectively carried out with remarkable achievements in the past two years, Chinese Minister of Commerce Chen Deming said Monday. Full Story.
China organizes fifth peacekeeping team for Sudan – China Wire (CHN)
An official of China’s Jinan Military Command Area said Monday the country has organized a fifth peacekeeping team for Sudan, to be sent in mid February.Full Story.
China promises to help Angola to revive agriculture – China Wire (CHN)
Visiting Chinese Minister of Commerce Chen Deming said here on Sunday the Chinese government will help Angola to revive agriculture to diverse Angola’s oil- based national economy. Full Story.
Angola China’s largest African trade partner – China Wire (CHN)
Angola has now become China largest trade partner in Africa, with bilateral trade volume hitting an all time high of US$25.3 billion in 2008, visiting Chinese Minister of Commerce Chen Deming said here on Sunday. Full Story.
Call to boost Sino-African cooperation – China Wire (CHN)
Foreign Minister Yang Jiechi on Saturday stressed the need for China and Africa to boost cooperation in coping with the international financial crisis. Full Story.
Official: China reaffirms to expand Chinese-African economic, trade cooperation – China Wire (CHN)
Visiting Chinese Commerce Minister Chen Deming said here on Monday that China will continuously expand Chinese-African economic relations and trade to reach a new higher level, although the ongoing financial recession prevails the world and cause side effects on the China-Africa two-way economic and trade cooperation. Full Story.
Chinese-African trade volume hits all time high to reach $106.8 bln – China Wire (CHN)
Visiting Chinese Commerce Minister Chen Deming said here on Monday that China-Africa trade volume hit an all time high in 2008, reaching a historic new level of 106.8 billion U.S. dollars. Full Story.
India plans to triple trade with Africa, deepen ties- Standard (KEN)

India expects to triple trade with Africa over the next five years to reach $100 billion, officials said on Wednesday, as it tries to strengthen ties in a region where Asian rival China has made rapid inroads. Full Story.
FG Lifts Suspension on $8.5bn Rail Project- This Day (NGA)
The Federal Government has rescinated its decision to suspend the execution of the $8.5billion contract for the rehabilitation of the Nigeria Railways. Full Story.
China will respond ‘appropriately’ to ICC decision on Bashir warrant: Official- Sudan Tribune (SDN)

The Chinese government will respond appropriately to an arrest warrant issued by the International Criminal Court (ICC) for Sudanese president Omer Hassan Al-Bashir, its ambassador said today. Full Story.
Chinese donate rice to Obama’s step-grandmother- Standard (KEN)
Chinese volunteers have donated over 100 tonnes of rice to Sarah Obama, US President Barack Obama’s step-grandmother, to help her AIDS orphans in western Kenya. Full Story.
Africa‘s left to face commodity price storm storm largely on it own- Business Report (ZAF)

The first has to do with commodity prices. The second is the seeming retreat from Africa of investors and entrepreneurs from China, which is surprising. Full Story.
Sanctions against Chinese firms causing jitters- Business Daily (KEN)
The World Bank’s decision to shut out four Chinese firms from taking part in any of its projects around the world is likely to draw a cold reaction from African countries, many of which have turned to the Far East for economic partnerships. Full Story.
CRCC gets railway contract in Libya- China Wire (CHN)

China Railway Construction Corp (CRCC), China’s second-largest State-owned construction company, said one of its units had won a $805 million railway construction contract in Libya. Full Story.
Mining stocks to feel the heat- News 24 (ZAF)
China’s slowing economy could place the JSE’s mining counters under additional strain this morning. So says Lavan Gopaul from Cortex Securities, who spoke to Chris Gibbons on AM Stock Take this morning. Full Story.
Ghana Telecom picks Huawei for 3G contract- Ghana Web (GHN)
Ghanaian incumbent, Vodafone-owned Ghana Telecom has selected Chinese network equipment vendor Huawei to upgrade its 2G network to 3G. Full Story.
Chinese keep low profile to cash in on the slump in Zambia- The Times (GBR)

The roulette tables at the Great Wall casino have suddenly fallen silent. A few miles away, Lusaka’s most popular Chinese restaurant is virtually empty, the only guests a handful of wealthy Africans. Full Story.
China lenient with African imports- News 24 (ZAF)

China is considering including more African goods in a list of products excluded from import tariffs as a way of further boosting trade with the continent, state media said on Sunday. Full Story.
‘Russia is back in Africa’- News 24 (ZAF)
Russia is planning to step up its diplomatic involvement in African issues, including Sudan’s Darfur crisis, the country’s envoy to Sudan said on Sunday.Full Story.

China may expand Africa zero import tariff policy- Engineering News (ZAF)


China is considering including more African goods in a list of products excluded from import tariffs as a way of further boosting trade with the continent, State media reported over the weekend. Full Story.


Consortium in bid to meet 2012 deadline for Limpopo coal station- Engineering News (ZAF)


A consortium of South African and Chinese energy investors is moving ahead with an extensive environmental-impact assessment (EIA) for a proposed multibillion-rand 300-MW to 900-MW coal-fired power station project, which could be developed on the Vele coal deposits near Musina, in Limpopoprovince. Full Story.


Sino-African trade passes $100 bln mark in 2008- China Wire (CHN)


Sino-African trade reached a “historic” level of 106.8 billion U.S. dollars in 2008,China’s Ministry of Commerce said Tuesday. Full Story.


Government moves to ban Chinese trade in clothes- Mmegi (ZAF)


Government has moved to put in place trade laws that will ban Chinese traders from dealing in clothes. Full Story.

China’s energy product imports grow slower- China Wire (CHN)


Growth in China’s energy product imports slowed down in the first 11 months of 2008, partly due to the effect of the global economic downturn and price fluctuations in the international markets, General Administration of Customs said on Wednesday. Full Story.


AU Commission Chairperson lauds China’s role in Africa’s infrastructure development- Xinhua (CHN)


Chairperson of the Commission of the African Union (AU) Jean Ping has spoken highly of China’s role in Africa’s infrastructure development, saying that the Chinese “dragon” has played a fundamental part in the improvement of the infrastructure facilities across African countries. Full Story.

Nigeria scraps S Korea oil deal- BBC (GBR)


Nigeria has cancelled an oil exploration deal signed in 2006 with a South Korean consortium, says the Korea National Oil Corporation (KNOC). Full Story.


Full text of Chinese premier’s speech at World Economic Forum Annual Meeting 2009- Xinhua (CHN)


I am delighted to be here and address the World Economic Forum Annual Meeting 2009. Full Story.


Interview: Assistant FM says China fully implements promises made at China-Africa Forum despite financial crisis- Xinhua (CHN)


China will fully implement the eight measures for China-Africa practical cooperation agreed at the Beijing Summit of Forum on China-Africa Cooperation despite the ongoing global financial crisis, Assistant Foreign Minister Zhai Jun said Thursday. Full Story.

China adds $11.7 mln in aid to Senegal- People’s Daily (CHN)


China adds 80 million yuan (about 11.7 million U.S. dollars) in its support to a variety of projects in Senegal, the Chinese Embassy has said. Full Story.

Comments are closed.