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Displaying 491-500 out of 848 results.

Round-trips and hot money

Indian companies are routing tens of billions of dollars through Mauritius each year in a giant tax avoidance scheme

India is changing its tax laws in a bid to introduce greater transparency into its financial transactions with Mauritius. The aim is to stem ‘round-tripping’ of funds by politicians, businessmen and...


Oiling the gears

Beijing’s biggest African offer yet is a risky gambit to gain a major stake in the upstream and downstream sectors of Nigeria’s oil business

Equal measures of optimism and scepticism greeted China’s announcement of an agreement to build three oil refineries worth US$23 billion. The terms of the memorandum of understanding are clear; the...


Beleaguered Bélinga

Gabon’s huge iron mine project due to begin production in 2011 has been delayed again by the new government’s plans to renegotiate terms

When Gabon’s President El Hadj Omar Bongo Ondimba was alive, his ministers had nothing but praise for the nearly US$4 billion Bélinga iron ore mine and associated logistics projects, described...


Building on oil money

The US$10 billion STX housing deal gets its first hearing in Parliament just as the government prepares to borrow $1.5 bn. in future oil revenues

The Ghanaian government is proposing to put up US$1.5 billion of its future oil revenues to finance the first phase of a controversial housing project with the South Korean construction...


CIF, Beijing’s stalking horse

Beijing’s relationship with the China International Fund is much clearer than it likes to admit. When the Hong Kong-registered CIF signed multibillion-dollar deals with pariah regimes in Guinea...


The long shadow of dollar diplomacy

Five years after Senegal’s break in diplomatic relations with Taiwan, the island state which only has 23 diplomatic allies continues to haunt political life. At the heart of the affair...


Beijing digs deeper into Zambian mines

Oppositionist Michael Sata’s rhetoric against China is not slowing down Chinese investment plans ahead of Zambia’s national elections, which are due in 2011. Chinese companies operating Zambian mines will now have...


Slow to let go of Hitachi

Faced with popular outcry about profiteering from electricity shortages and opaque ties between political parties and businesses, South Africa’s governing African National Congress is being forced to abandon its stake in...


Nguyen Minh Triet

President of Vietnam

On his April trip to North Africa, Vietnamese President Nguyen Minh Triet ramped up interest in the second Vietnam-Africa forum, set for August 2010. In Algeria and Tunisia,...


Displaying 491-500 out of 848 results.