Vol 7 (AAC) No 1 | ETHIOPIACHINA Huawei in corruption probe 4th November 2013 Telecoms equipment left unclaimed at the port leads to a government investigation into the Chinese company Ethiopia has launched an investigation into the illegal import of US$13 million in telecommunications equipment in the name of Ethio Telecom by Huawei Technolgies. The inquiry will determine...
Vol 7 (AAC) No 1 | CHINAAFRICA A new phase of China-Africa cooperation 4th November 2013 Peace and security will move up the agenda China’s Foreign Minister Wang Yi and his counterparts from 40 African governments came together for the Third Round of Political Consultations during the meeting of the United Nations...
Vol 7 (AAC) No 1 | SIERRA LEONECHINA China Kingho targets multiple projects 4th November 2013 The privately-owned mining company is expanding its business activities to include mining, railway and electricity projects China’s Kingho Energy has clinched an agreement with the Ministry of Energy for the construction of one thermal and three hydroelectric power plants in Sierra Leone. Minister of...
Vol 7 (AAC) No 1 | INDIA Sunil Bharti Mittal 4th November 2013 Chairman, Bharti Airtel, India Beijing and New Delhi may profess that they are not in competition in Africa, but businessman Sunil Mittal made it clear in October that he regards Chinese companies...
Vol 7 (AAC) No 1 | VIETNAM Le Duong Quang 4th November 2013 Deputy Commerce and Industry Minister, Vietnam The Vietnam-Africa Friendship and Cooperation Association elected Deputy Commerce Minister Le Duong Quang as its President for the 2013-2018 period at its 18 October national congress, the second...
Vol 7 (AAC) No 1 | JAPAN Tsuyoshi Okamoto 4th November 2013 President, Tokyo Gas, Japan Under Tsuyoshi Okamoto’s leadership, Japan’s Tokyo Gas is preparing to invest in its first liquefied natural gas projects in Africa. Executive Vice-President Shigeru Muraki announced in October that...
Vol 7 (AAC) No 1 | ZIMBABWECHINA Dilemmas over power cuts and shortages 21st October 2013 With regular power outages and Harare in the grips of a water crisis, the government needs money fast The inability of the Zimbabwe African National Union-Patriotic Front government to maintain sufficient levels of food production, energy and water supplies is a major problem for locals and...
Vol 7 (AAC) No 1 | CHINAAFRICA Sparklers for Beijing 16th October 2013 Chinese companies are seeking new joint venture partners and buying stakes in established companies to increase the supply of rough diamonds to Chinese markets While Beijing is getting ready to take its turn at the presidency of the Kimberley Process Certification Scheme, Chinese companies are busy launching a new investment drive in...
Vol 7 (AAC) No 1 | CHINAAFRICA Chinese partners make mining projects viable 16th October 2013 With less money around for mining investments, companies are taking on multiple partners Like many other mining companies, Mwana Africa and its Chief Executive Officer Kalaa Mpinga are not just counting on one company for finance for future mining projects. With...
Vol 6 (AAC) No 12 | INDONESIA Lasro Simbolon 2nd October 2013 Director of African Affairs, Ministry of Foreign Affairs, Indonesia Provincial governments should be the drivers of Indonesia-Africa trade, according to Jakarta’s Ministry of Foreign Affairs.