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Displaying 84 results from 2008 (out of 2474 total).

Crumbling cement

China's biggest deal yet with a commercial African manufacturer is scaled back

Worsening international economic conditions, tighter credit lines and Nigeria’s weak industrial policy have led to a sharp cutback in the US$3.3 billion cement manufacturing deal between China’s Sinoma...


The winner has to wait

After one of the closest presidential elections ever, the front-runners are preparing for a run-off vote in less than three weeks’ time

The hard-fought general elections on 7 December saw many national political figures lose their parliamentary seats. Neither of the two leading presidential candidates gained enough votes to win...


Crisis? What crisis?

The world slump has made nonsense of the budget plans – and slashed expected oil revenues

The Governor of the Central Bank of Nigeria says there is no need to panic, the country is adequately insulated from the global slowdown and will not suffer...


A message from our sponsors

President Umaru Musa Yar’Adua wants to use the budget as a key to his political revival – but business and voters are sceptical

Calculated and recalculated according to the wild swings of the global oil market, the 2009 budget is almost up there with the election tribunal and the cabinet reshuffle...


The honeymoon is over

The once thriving Abuja-Beijing relationship has hit problems

The catastrophic failure in November of Nigeria’s US$340 million, Chinese-built satellite NIGCOMSAT-1, launched only a year ago, is the latest, most visible indication of increasing difficulties...


Diplomacy still has dollars for some

Taiwanese President Ma Ying-jeou’s desire to put an end to ‘dollar diplomacy’ has been put to the test by his counterparts in Burkina Faso and Gambia.

Taiwanese President Ma Ying-jeou’s desire to put an end to ‘dollar diplomacy’ (AAC Vol 1 No 11) has been put to the test by his counterparts in Burkina...


The waiting game

Presidential contenders, ministerial hopefuls and errant state governors are all caught up in the capital's political paralysis

Three groups of ambitious politicians stalk Abuja's corridors of power, hoping for events to unfold in their favour. There are the men who would be king: former Vice-President...


Among the survivors

After months of speculation, President Umaru Musa Yar'Adua has sacked half his cabinet but retained several of his old associates and surprisingly kept on a few of the...


Towards Mali

Last week's discovery of a consignment of weapons in a car en route to Mali raises yet more questions about corruption and divisions within Guinea's security forces. A...


A $50 Billion Handshake

Beijing may not want much to do with Nigeria

A sizable and much-ballyhooed credit line looks to be little more than a goodwill gesture from China to Nigeria, promising much but delivering little. The brief fanfare attached to the initial...


Ngozi Okonjo-Iweala

Managing Director, World Bank

Born in 1954, Ngozi Okonjo-Iweala studied economics at Harvard University, then earned a Ph.D in regional economics and development from the Massachusetts Institute of Technology in 1981. She joined the World...


Shamsudeen Usman

Finance Minister, Nigeria

Since joining Umaru Musa Yar'Adua's cabinet in 2007 as Finance Minister, Shamsudeen Usman has courted foreign investment - particularly from China - to rejuvenate Nigeria's infrastructure and boost its petroleum production....


Xu Jianguo

China's Ambassador to Nigeria

Ambassador to Africa’s biggest oil producer, Xu Jianguo has presided over a rapid expansion of commercial and diplomatic ties since his posting to Abuja in September 2006. Chinese...


Cementing new relations

An ambitious new African-Chinese partnership could fuel the continent's next construction boom

Agreements signed this month between Dangote Industries of Nigeria and China's Sinoma International Engineering Company to build 13 cement production lines across Africa at a cost of US$2.8 billion will give...


Changing horses

In the latest diplomatic challenge to Taiwan, the tiny Atlantic archipelago is again flirting with Beijing

The appointment of a new Prime Minister in São Tomé e Príncipe could herald a reverse for Taiwan, according to regional diplomatic sources, who say political and commercial considerations are pushing the government...


Lights off

The abrupt closure of the Malaysian textile company Ramatex Group's operations in Windhoek with a loss of 3,000 jobs in early March has sparked a political row with trades unionists accusing...


Any more business?

Ghana has developed close ties with China, but ones that contrast with those enjoyed by other African states

The new Defence Ministry building in Accra is under construction by Chinese contractors. Chinese companies built the Tamale and Sekondi stadiums, which were used in February’s 2008 African...


Forever delayed

Postponing polls has become a habit, but the parties are still focused on winning power whenever the election comes

Politicians all agree that the latest election deadline of 30 November cannot be met and expect the polls to be held in March next year at the earliest....


Minority politics

President Yayi lacks a parliamentary majority and the skills to win over new supporters

In another desperate attempt to win over some opposition supporters to his ineffectual coalition, President Thomas Boni Yayi announced a ministerial reshuffle on 22 October. Yet the horse-trading...


Economy: Trouble in the markets

Watching oil prices fall from US$147 a barrel to $57 over the past month and listening to endless media speculation about his health must have been disconcerting for...


Nigeria's banks: double or quits

Nigerian visitors to London’s Heathrow Airport are pleasantly surprised to see billboards publicising one or another of their country’s biggest banks. Many of the taxis operating out of...


Dam payment

President Conté's ministers are the latest African team to negotiate a massive minerals-for-infrastructure countertrade deal

Officials from Guinea’s Ministry of Mines are due in Beijing to negotiate a US$21 billion countertrade deal to swap bauxite and iron ore concessions for investments in dams,...


Graft never really went away

Revelations of grand corruption in mining and shipping contracts embarrass the government

Liberia's government, foreign diplomats and United Nations officials say that Liberia is a nation reborn. War is over, corruption is being rooted out and under the two-and-half year...


All my friends in New York

Madam President addresses the UN General Assembly

Life in Liberia is gradually improving, President Ellen Johnson Sirleaf told the United Nations' General Assembly to some applause on 23 September. The economy has been getting...


Spreading toxicity

A new round of legal action against local and foreign companies accused of dumping toxic waste in Côte d'Ivoire which killed 16 people in 2006 could have serious...


The storm before the storm

President Yar'Adua has returned home with plans for a cabinet reshuffle as violence explodes again in the Niger Delta

Nobody has told Nigerians what was wrong with their President, who was in hospital in Saudi Arabia from 20 August to 6 September. Things are clearly not well...


A rough beginning

The election campaign is under way and the battle is on for votes in the north

In northern Ghana, the campaign got off to a violent start when Mahamudu Bawumia, vice-presidential candidate of the New Patriotic Party for the elections on 7 December, arrived...


Running mates

The two main parties’ vice-presidential candidates are both under fifty years old and from northern Ghana. Otherwise they are very different. The National Democratic Congress’s John Dramani...


The son also rises

The aged President is promoting a hereditary succession; the people would prefer affordable food

President Abdoulaye Wade took office in 2000, claiming democratic and economic credentials. Times have changed. After scandalous revelations about budgetary excess, his government’s competence and honesty are being...


A cocaine coup fails

Things turned nasty in late July, when the Minister of Justice, Carmelita Pires, and the Public Prosecutor, Luis Manuel Cabral, received death threats. This was due to their...


Two virgins

Britain’s Virgin Atlantic has lost the first round in its battle with Nigeria’s government and is expected to sell all but 7% of its 49% stake in the...


Adenuga's back

Telecoms impresario Mike Adenuga has bounced back, despite the longrunning investigation into his company by Nigeria’s Economic and Financial Crimes Commission.


Unhealthy talk

The rumours of President Umaru Musa Yar’Adua’s demise reverberating around Nigeria’s mobile phone networks over the past week were assuredly exaggerated, a combination of misinformation and idle political...


Voting violence

Concern about the conduct of December’s elections is growing in the wake of violent clashes during the primary elections, electoral registration and political rallies.


Wasteful wars, foreign friends

A long history of failure does not discourage Western leaders who believe their intervention can improve conditions in the oil-rich Niger Delta. Yet judging from recent history, the capacity of outside intervention to make things even worse in the Delta looks assured. After the United States' stalled efforts at training Nigeria's military and Royal Dutch Shell's attempts at corporate responsibility, Britain and France have offered military assistance to tackle continuing violence in the Delta.

Offering military assistance to a country that did not request it is extremely bad manners, responded a seasoned Nigerian analyst after French President Nicolas Sarkozy and British...


Delta forces

Nigerian suspicion of foreign military support creates opportunities for the security professionals, some of whom are looking for business openings since an agreement between the United States and...


Right number, right time

Just as the government runs out of money before the elections, along comes an offer that is hard to refuse

It is a rule of politics that any substantial sale of state assets agreed less than six months before national elections needs close scrutiny. The government's decision...


The high price of political phones

Political controversy has dogged Ghana Telecom since the telecom sector was deregulated in the mid-1990s under the National Democratic Congress government. Its performance under the management of Telkom...


Iron ore, jaw-jaw

A tempting iron ore deposit on the Liberian border triggers fierce rivalries, national and international

The shock must have been great when mining giant Rio Tinto was told on 4 August that it had just lost its greatest potential asset, the gigantic...


Service shuffle

President Umaru Musa Yar'Adua's appointment of new service chiefs and a new Chief of Defence Staff on 20 August will further reduce the political power of former President...


Yar'Adua's judges on trial

Justice and politics are uneasy bedfellows under the hesitant President's new regime

Since President Umaru Musa Yar'Adua came to power after a widely-criticised election and started extolling the rule of law much has changed. Yar Adua's own electoral case will...


Presidents and lawyers

The tortuous prosecution of a former state oil company boss raises questions about the independence of the judiciary

Even his opponents concede that Tsatsu Tsikata is a gifted lawyer, whose ties with ex-President Jerry John Rawlings have kept him at the centre of Ghana's bitter political...


Bogged down

Cameroonian security forces in the disputed oil-rich Bakassi peninsula are on maximum alert after fatal attacks by the Niger Delta Defence and Security Council. The NDDSC, a little-known,...


Slow turnaround

Slow progress on the economy and against corruption is rubbing the sheen off last year's free elections

On election, President Ernest Bai Koroma gave himself three years to turn Sierra Leone around, but the first year has been unimpressive, and the smart performance of President...


Democratic deficit

Leaders send out mixed signals on whether elections will take place this year

President Laurent Gbagbo assured representatives of the United Nations Security Council - on a flying visit to Abidjan on 9 June - that the November election deadline would...


Skimming a bad system

Côte d'Ivoire's Public Prosecutor, Raymond Tchimou, is leading a crackdown on corruption in the cocoa industry, which accounts for 40% of world supply. On 13 June, Tchimou announced...


Industrial revolution

Ghana seeks partners following its 19 June purchase of Alcoa's 10% stake in the 200,000 tonne/year Volta Aluminum Company (Valco) smelter, mothballed since March 2007. The statal Volta...


Slaughter on the border

More gruesome killings raise doubts about the August handover of the oil-rich Bakassi Peninsula

Troops from Nigeria and Cameroon were put on high alert in the Bakassi Peninsula, following the unexplained slaughter of five Cameroonian soldiers and a local government official on...


    Vol 49 No 13 |
  • MALI

Tough times

Things have turned unexpectedly nasty for the huge Saharan state

These are tough times for Mali and its President Amadou Toumani Touré (ATT). On top of the surge in prices which affects all of Africa, he faces a...


    Vol 49 No 13 |
  • MALI

Third term triangle

Mali's democratic credentials are wearing thin at home despite winning international plaudits in the 16 years since Amadou Toumani Touré started the constitutional revolution in 1992.


The Ibori test

Former Delta State Governor James Ibori faces charges of fraud and corruption in the Kaduna High Court and his wife Theresa faces money laundering charges in Britain, where...


Paying the price

Economic troubles damage the governing party’s electoral chances in one of Africa’s most stable democracies

President John Agyekum Kufuor’s government faces new problems, both political and economic, as it prepares for national elections in December, when the President will step down. Rising world...


A last chance reshuffle

Three days after announcing his economic package, President John Kufuor completed his much-delayed reshuffle. Kwamena Bartels was the main casualty, after less than a year as Interior Minister....


Quiet President, worried country

Umaru Yar’Adua is short on leadership – just when Nigeria needs it

There was little fanfare for Umaru Musa Yar’Adua’s first anniversary as Nigeria’s President on 29 May. His quiet leadership infuriates his opponents and bewilders those accustomed to rulers...


Once more the President's man

A consensus premier is fired and the old guard’s man gets the job

He was supposed to be a consensus Prime Minister but he did not last long. Lansana Kouyaté, appointed in February 2007, after bloodshed and strikes had almost toppled...


London's laundries

British banks could face awkward questions after police in London charged Theresa Nkoyo Ibori, wife of former Delta State Governor James Ibori, with money laundering on 20 May....


The gas ghost keeps haunting

US investigators say they have new evidence of corruption by international companies working on Nigeria's gas export plant

Criminal investigators in the United States and Europe are widening their probe into claims that the USA's oil service giant Halliburton and three other multinationals working on a...


Wojciech Chodan, Pepys and Shell

The discovery by Halliburton's lawyers Baker Botts of more than 500 pages of notes penned by Wojciech Chodan (a Halliburton consultant and the Samuel Pepys of the energy...


The departed return

Familiar faces are lining up again as the parties get ready for election time

With elections ahead on 7 December - and the prospect of prolonged powerlessness for the losers - prodigal sons and daughters are rushing to rejoin Ghana's two main...


Open season on Obasanjo

Allegations of corruption under the last government are dividing the ruling parties and raising questions about the new order’s durability

The humiliation of ex-President Olusegun Obasanjo is forging ahead, less than a year after he left office. In the past few months, parliamentary committees have exposed allegations of...


It's not over yet

Postponed elections and continuing violence cast a long shadow over hopes for peace

The elections that were due in January are now scheduled for 30 November, but the old bugbears that caused the delay have still not been laid to rest,...


Cash call

The resignation of former Trade Minister and unsuccessful presidential candidate Alan Kyerematen from the ruling New Patriotic Party on 17 April has shocked Ghana’s political class. Kyerematen...


Nightmare on Broad Street

Liberia's Finance Minister Antoinette Sayeh faces a huge problem as she steers the country into qualifiying for the World Bank's and International Monetary Fund's debt reduction programme by...


Jollies and jets

Arguments over the financing of a presidential jet are to set the terms for a wider debate about corruption in the run-up to December's national elections. In the...


King Bauxite

Known as the Bauxite King, Victor Dahdaleh is at the centre of a US case in which the Gulf State of Bahrain accuses him and the...


Technical knock-out

President Yar'Adua's supporters say his election tribunal victory will free his government to move on reforms

The verdict was emphatic. On 26 February, Justice James Ogebe and his four colleagues on the Presidential Election Tribunal in Abuja voted 5-0 to dismiss the petitions brought...


Local is national

The elections for local councils are about national issues and the opposition wants to make a point

At last Senegal's many opposition parties have decided to get together for local elections that are due on 18 May. Siggil Sénégal (Save Senegal), whose main component is...


The Wade summit

Several varieties of uncertainty hang over the Organisation of the Islamic Conference (OIC) before its summit meeting in Dakar on 13-14 March. Unfinished buildings are scattered across the...


Judgment day is coming

The courts are taking the lead in resolving the election crisis in Abuja - even if that creates new political problems

The rival factions in the political drama in Abuja agree on one thing: the legal and political battles over the legitimacy of the 2007 elections will rumble on...


Bring in the money

The President's trip to London produced some useful aid and gave him a chance to encourage investors

Links to the former colonial power serve Sierra Leone well. On a trip this week to meet British Prime Minister Gordon Brown and the Prince of Wales, the...


One Conakry, two Lansanas

Rivalries between the President and his Prime Minister are exacerbating discontent within the trade unions and the military

The army stands in the wings, looking suspiciously at the government of the ailing President Lansana Conté, while Conté looks suspiciously at his 'consensus' Prime Minister Lansana Kouyaté,...


Cocaine cops

An hysterical attack by the Inspector General of Police, Patrick Kwarteng Acheampong, on the sacked National Security Minister, Francis Poku, has backfired, prompting a new round of public...


Ordinary rendition

A diplomatic storm is brewing as Mozambican police crack down on West Africans they accuse of being illegal miners. The formal tone of a letter from the Mozambican...


Show time for the spooks

The sacking for Security Minister Francis Poku exposes a damaging battle for turf between the security agencies

The politicians, police and spies could not have found a worst time to pick a fight with each other. It is a year of red alert for the...


Displaying 84 results from 2008 (out of 2474 total).