Vol 1 (AAC) No 6 | EQUATORIAL GUINEACHINA Not working out 7th November 2008 The Chinese face labour problems all over Africa When China evacuated 400 construction workers from Mongomo in Equatorial Guinea in early April, it marked the culmination of a labour dispute with a difference. In several African countries, notably Zambia...
Vol 1 (AAC) No 6 | JAPAN Nobutake Odano 7th November 2008 Ambassador for TICAD IV As the man responsible for coordinating the fourth Tokyo International Conference on African Development scheduled for May 28-30, Ambassador Nobutake Odano has covered a lot of miles in...
Vol 1 (AAC) No 6 | CHINA Wang Yi 7th November 2008 President, China Export and Credit Insurance Corporation Wang Yi has been appointed President of Sinosure, China's export credit insurance agency, after he resigned as General Manager of the People's Insurance Company of China (PICC) on...
Vol 1 (AAC) No 12 | NIGERIACHINA Xu Jianguo 7th November 2008 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...
Vol 1 (AAC) No 12 | SOUTH KOREA Chin Dong-soo 7th November 2008 President, Korea Eximbank (Kexim) In Asia’s rush to develop relations with Africa, South Korea is trying to catch up with its East Asian rivals, Japan and China. Dignitaries attending the Korea-Africa Economic...
Vol 1 (AAC) No 12 | MALAWIJAPAN Motoyoshi Noro 7th November 2008 Japan's Ambassador to Malawi Japan is increasing its diplomatic presence in southern Africa following the successful Tokyo International Conference on African Development (TICAD) IV in May. Until this year, Japan’s Embassy in...
Vol 1 (AAC) No 12 | INDIA Jairam Ramesh 7th November 2008 Minister for Commerce and Power, India Jairam Ramesh’s career has taken him to the top of government and politics in India. Now he has expanded his remit to economic relations with Africa. On 6-7...
Vol 1 (AAC) No 9 | CHINAAFRICA Developing and insuring prosperity 6th November 2008 The two banks backing up Chinese investment in Africa SINOSURE: China Export and Credit Insurance Corporation (Sinosure) was established in December 2001 through a merger between the People's Insurance Company of China and the insurance arms of China Exim Bank....
Vol 1 (AAC) No 9 | CHINAAFRICA China's battling banks 6th November 2008 The mighty Chinese banking triad CHINA EXIM BANK: Established in 1994 under the Policy Banks Law, China Exim Bank is currently the third largest export credit agency in the world. China Exim Bank is tasked...
Vol 1 (AAC) No 9 | CHINAAFRICA Competing to finance Africa 6th November 2008 The slow motion revolution sweeping across China as the state-owned banks assert their independence from Beijing's directives will mean a much wider range of financing available to Africa. Commercial rivalries and diminishing coordination may make it harder to work with the banks, which remain at the core of China's Africa strategy. China Exim Bank and Sinosure are together expected to become the world's largest export credit agencies by 2010, according to the Export-Import Bank of the United States, just two decades after...