Vol 4 (AAC) No 12 | CAMEROONSOUTH KOREA Diamond dealers 5th October 2011 Parliamentary investigations expose a cosy relationship between the South Korean government and the backers of a controversial diamond project President Lee Myung-bak’s government faces another corruption scandal linked to its African resource diplomacy after a little-known mining company claimed to have made a record-shattering diamond discovery in eastern Cameroon. A parliamentary...
Vol 4 (AAC) No 12 | CAMEROONSOUTH KOREA Animated investors in the diamond mines 5th October 2011 C&K Mining has been operating in Cameroon since 2007 and has been working on production plans for the Mobilong and Limokoali diamond mines ever since. President Paul Biya signed a...
Vol 4 (AAC) No 12 | SOUTH AFRICACHINA Dalai Lama dumped again 5th October 2011 Beijing appears to call the shots in relations with South Africa. While the Dalai Lama awaited a visa to attend Archbishop Desmond Tutu’s 80th birthday party on 7th October, South...
Vol 4 (AAC) No 12 | ANGOLACHINASINGAPOREAFRICA China Sonangol is open for business 5th October 2011 Transparency has not been a major feature of China Sonangol’s and China International Fund’s activities in Africa, but one of the investment vehicles is now embarking on a human-resources drive...
Vol 4 (AAC) No 12 | CONGO-KINSHASASOUTH KOREA Water and copper under the bridge 5th October 2011 South Korean company Samsung C&T has become a collateral victim of the dispute between Belgian company George Forrest International and Congo-Kinshasa’s state mining company, Gécamines. GFI and Gécamines are vying for...
Vol 4 (AAC) No 12 | INDIA Jyotiraditya Scindia 5th October 2011 Minister of State for Commerce and Industry, India
Vol 4 (AAC) No 11 | GHANACHINA The revolution will be financed 15th September 2011 President John Atta Mills plans to use Chinese credit lines to develop the country’s hydrocarbons infrastructure and build up an industrial base Opposition New Patriotic Party (NPP) members of parliament were up in arms when the governing National Democratic Congress (NDC) used its slim parliamentary majority to push through approval...
Vol 4 (AAC) No 11 | GUINEACHINA Betting on Boffa 15th September 2011 The government is negotiating the biggest-ever mining contract with a state-owned Chinese company, while another deal gets downsized President Alpha Condé’s new government has been investigating the capacity of one of China’s large state-owned construction companies during the last few months. A June trip to China...
Vol 4 (AAC) No 11 | GUINEACHINA Pulling away CIF’s welcome mat 15th September 2011 Guinean President Alpha Condé has removed the most attractive clauses of China International Fund’s joint venture agreement with the former military junta of Captain Moussa Dadis Camara. The...