Vol 3 (AAC) No 2 |
- INDIA
- AFRICA
A new team of Africa policymakers in Delhi is helping companies and banks to expand their investments on the continent
The second iteration of India's Congress Party-led federal
coalition has augmented its diplomatic, strategic and commercial
thrust into Africa in pursuit of hydrocarbons, minerals, agricultural
land and markets. By selecting Shashi...
Vol 3 (AAC) No 2 |
- INDIA
- AFRICA
At the India-Africa Hydrocarbon Conference in Delhi on 8 December,
External Affairs Minister S.M. Krishna preached the benefits
of 'a close alignment on major international issues and an abundance
of socio-political...
Vol 3 (AAC) No 2 |
- AFRICA
- ASIA
- BRIEFING
World Bank President Robert Zoellick's plan to bring
the Asian hyper-economies into the international development community
is now bearing fruit. On 3 December, Zoellick told London's Financial
Times that Chinese Commerce...
Vol 3 (AAC) No 1 |
- CHINA
- AFRICA
China’s newly announced Africa policy is more of the same, but with a lack of African consensus that is all that could be hoped for
In comparison to the festivities of 2006, the 8-9 November Forum on China-Africa Cooperation (FOCAC IV) in Sharm El-Sheikh, Egypt, was a much less hyped-up affair. It was...
Vol 3 (AAC) No 1 |
- CHINA
- AFRICA
China proclaimed that it had accomplished its goals of doubling aid and meeting the eight goals established at the Forum on China-Africa Cooperation held in Beijing in 2006,...
Vol 3 (AAC) No 1 |
- CHINA
- AFRICA
The Sharm El-Sheik Action Plan sets out China-Africa cooperation goals for 2009 to 2012. Chinese officials emphasised that the 2006 Beijing Forum on China-Africa Cooperation was more a...
A China-Africa scholar weighs the evidence on the effect China has on Africa’s industrialisation
Conventional wisdom has it that the Chinese economic juggernaut is sweeping across the African continent, devastating already weak manufacturing sectors. Yet in many countries, statistics show a far...
Vol 3 (AAC) No 1 |
- INDIA
- AFRICA
India is launching its own mini-offensive in the electricity sector, following Chinese-style financing and contracting practices. On 29 October, New Delhi announced a new US$263 million credit line...
Vol 3 (AAC) No 1 |
- VIETNAM
- AFRICA
A US$2 million deal by a major Vietnamese rice exporter points to the corruption found on both side of the Africa-Asia commodities trade. Unlike Thailand, where the private...
The new team of Eurocrats has little experience of Africa and may be surprised by what it finds
A new European Commission was named on 17 November and most of its members who will deal with African affairs are from countries with no ties to the...
After Mohammed ibn Chambas takes over as Secretary General of the African, Caribbean and Pacific Group in Brussels on 1 March 2010, he will have to fight hard...
Vol 50 No 23 |
- AFRICA
- ARMS
The more embargoes and sanctions, the higher the rate of return for international arms dealers
Arms traders are getting around Europe's sanctions on Guinea and playing games with the embargo on Côte d'Ivoire, and Belgium sells weapons to Libya, hub of the arms...
Vol 50 No 22 |
- ECONOMY
- AFRICA
The IMF and the AfDB differ sharply on the severity of the global recession's effects on Africa and the measures needed to ameliorate them
The world's financial experts and institutions disagree on how seriously the global financial crash has affected developing economies or how quickly they may recover. In Africa, the International...
Vol 50 No 22 |
- FRANCE
- AFRICA
The lucrative commercial and political networks between France and Africa have survived a remarkable month in the French courts but more embarrassing cases are coming soon. On 27...
Facing stubbornly high food prices, rising joblessness and investment cutbacks, Africa is lagging behind the economic recovery in Asia
A faint self-congratulatory whiff of a 'great depression averted' wafted through the annual meetings of the International Monetary Fund and World Bank in Istanbul, Turkey, on 4-5 October....
The population of sub-Saharan Africa will exceed one billion this year so the African nations entering the 2010 World Cup can hope for a large fan base. For optimists, billionaire status offers the opportunity for the continent to follow in the footsteps of China and India (which, however, have one government each) and reap a demographic dividend. Others argue that it will intensify the pressure on land, food, water and job opportunities, as many governments increasingly fail to meet demand for basic social services such as education and health care.
The United Nations Population Fund (UNFPA), which made the one-billion prediction, says sub-Saharan Africa faces serious political, economic and social challenges. Twenty years of population growth at almost...
A key donor of funds for reproductive health is the United States Agency for International Development (USAID). Its work was hampered by the global gag rule until, as...
Vol 50 No 19 |
- ISRAEL
- AFRICA
As Iran spreads its influence in Africa, Israel tries to return to a continent where it once had many friends
Foreign Minister Avigdor Lieberman’s five-country trip to Africa on 2-9 September showed the extent of diplomatic ground which Israel has lost over the past three decades, since the...
Vol 50 No 19 |
- KENYA
- AFRICA
The reappointment of the anti-corruption chief opens a rift between Parliament and President Mwai Kibaki as top politicians come under fire
For the first time in Kenya's history, Parliament has voted to reject a presidential order, duly noted in the official Gazette. At stake is the survival both of...
President Sassou spends millions of his country’s money on trying to stop vulture funds preying on bad debtors – like Congo
President Denis Sassou-Nguesso has spent nearly US$6 million on lawyers and lobbyists in the United States in the past three years. He wants Congress to pass legislation...
Vol 50 No 18 |
- FRANCE
- AFRICA
Paris tries out new policies on aid and trade in a bid to confront the growing power and influence of Asian economies
France hopes to diversify its trade with Africa and also to hold on to its traditional influence in its former African empire. This tricky balance is reflected in...
Vol 50 No 18 |
- FRANCE
- AFRICA
France's giant power and construction companies have vast economic
interests in Africa
Bouygues: Went to Africa in the 1960s; by 2008, Africa operations had a turnover of over 1.6 billion euros (US$2.3 bn.), led by infrastructure subsidiary Colas (E707 million)...
The African audience hopes that President Obama's declared Africa policy will be both distinctive and practicable
As in so many areas the expectations are that President Barack Obama's Africa policy will be a break with the past. In some respects, the President's decision to...
After years of marginalisation and under-staffing, the African Affairs bureau of the State Department is beginning to attract strong interest from the other regional bureaux. The first key...
The trading of oil and other commodities is far more lucrative and resistant to demands for scrutiny than the beleaguered banking sector
The world of oil trading is as remarkable for its profits as for its opacity, some of its largest businesses having an annual turnover of several hundred billion...
The oil trading companies, their owners and areas of operation
Glencore: The company does not name its chief executive. The firm began in 1994 when the United States’ commodities trader Marc Rich (who secured a pardon for tax...
African governments sense a new toughness in Washington’s Africa policy, a month before President Barack Obama’s state visit to Ghana on 10-11 July, officials have told Africa...
Vol 50 No 10 |
- FRANCE
- AFRICA
Three important African allies of French President Nicolas Sarkozy could find their French assets under scrutiny after Juge d'Instruction Françoise Desset ruled on 6 May that an anti-corruption...
Vol 50 No 8 |
- ECONOMY
- AFRICA
Finance ministers and central bank governors are holding an African summit in Washington next week to map a way out of the crisis
As the international financial crisis intensified last year, some African governments thought they could avoid the worst by strengthening their trade and investment ties with Asia. Denial has...
Vol 50 No 8 |
- ECONOMY
- AFRICA
Amid the gloom lie some positives. African economies now have on average 5.7 months of reserves to cover imports, policy frameworks are sounder, government ministries are better staffed....
Telling the public the truth is getting more dangerous and expensive, as rulers and militias resist the development of a free press. The rate of targeted killings of journalists in Africa is rising fast. Governments and corrupt businesses are resorting to launching defamation cases or backing draconian media laws to crack down on independent journalism.
On the first day of 2009, Hassan Mayow, a journalist working for Somalia's Radio Shabelle, was shot dead by government troops in Afgoye, 30 kilometres outside the capital....
Sub-Saharan Africa is not famous for technological innovation but a report from the Massachusetts Institute of Technology indicates that mobile telephone use has grown twice as quickly there...
The row in Africa over migration weakens progress towards the African Union's aims of the free movement of people, goods and services across the continent, says Albert Ouédraogo,...
Vol 50 No 6 |
- ECONOMY
- AFRICA
Bankers in Dar es Salaam last week predicted a catastrophic downturn in African economies unless serious measures were implemented. These would have to include substantial packages for Africa's...
Vol 50 No 6 |
- ECONOMY
- AFRICA
The facts and figures behind Africa's economic growth in 2009 and beyond
Vol 50 No 5 |
- FRANCE
- AFRICA
President Sarkozy faces awkward questions about his stopovers
in Brazzaville, Kinshasa and Niamey this month
The legacy of Françafrique - the opaque network of commercial and political ties between Paris and its African allies - continues to haunt French President Nicolas Sarkozy's government,...
Vol 50 No 4 |
- ECONOMY
- AFRICA
After a decade of growth in Africa, the IMF and World Bank's economists are offering loans and policy advice again
The financial crisis has had one indisputable effect: it has put the World Bank and the International Monetary Fund back in business in Africa. Suddenly there is no...
South African Finance Minister Trevor Manuel, despised by African National Congress President Jacob Zuma's bedrock supporters on the party's left and populist wings, is busy making himself indispensable....
Vol 50 No 2 |
- FRANCE
- AFRICA
Africa advisor at the Elysée Bruno Joubert will be awaiting a ruling by Paris's parquet on the admissibility of a civil case against Gabon's President Omar Bongo Ondimba,...
Vol 2 (AAC) No 11 |
- INDIA
- AFRICA
Financial and communication technology are powering major Indian deals
Untitled Document
Indian companies are behind three now somewhat troubled bids
to take over the choicest assets in the African telecoms business:
Bharti's US$23 billion merger with MTN, Essar's takeover of...
Vol 2 (AAC) No 11 |
- JAPAN
- AFRICA
After its regime change, Tokyo will focus more on China and the USA and begin a cost-cutting review of its Africa and development policy initiatives
Tokyo's pledges to double aid to Africa and offer US$4 billion
in concessional loans are in question following the landslide
election of the Democratic Party of Japan on 30 August....
Vol 2 (AAC) No 11 |
- CHINA
- AFRICA
- BRIEFING
Aggressive investment by the China Investment Corporation, which manages nearly US$300 billion of Beijing's $2.1 trillion in foreign reserves, is leading to a boom in Africa-focused investments. In...
Vol 2 (AAC) No 10 |
- AFRICA
- ASIA
Africa's mineral reserves are drawing interest from Asian and
Western states determined to secure supplies and counter wild
price fluctuations
Strategic minerals are back in fashion and - along with oil
and gas - at the centre of geopolitical rivalries between industrial
economies in Asia and the West. New technologies...
Vol 2 (AAC) No 10 |
- AFRICA
- ASIA
Amid a slow recovery, Asian countries pursue Africa's strategic mineral resources
Vol 2 (AAC) No 10 |
- AFRICA
- ASIA
All modern economies face the challenge of securing access
to strategic minerals: cobalt, used to make superalloys; rare
earth metals like neodymium, which is used in the manufacture
of hybrid automotive...
Vol 2 (AAC) No 10 |
- CHINA
- AFRICA
A new report by African trades unionists accuses Chinese companies
of breaking regulations on minimum wages and working conditions
African trades unionists are stepping up their criticism of
the Chinese companies in countries like Algeria, Nigeria
and South Africa. In mid-August the Congress of South African
Trade Unions called on...
Vol 2 (AAC) No 10 |
- CHINA
- AFRICA
African Labour Research Network investigators found that many
factory inspectors at Kenya's Labour Ministry took bribes
from Chinese and other companies to overlook bad practices. Despite
reports that in Malawi, workers...
Vol 2 (AAC) No 10 |
- CHINA
- AFRICA
- BRIEFING
Chinese officials are discussing ways to use some of their country's
$2.1 trillion in foreign reserves to finance what could be the
world's biggest development aid programme, as Western economies
are...
Vol 2 (AAC) No 10 |
- INDIA
- AFRICA
- BRIEFING
Opposition politicians in Delhi are pressing Prime Minister
Manmohan Singh's Congress Party government for a full investigation
into allegations of corrupt deals worth 25 billion rupees (US$520
million) in rice exports...
Vol 2 (AAC) No 9 |
- INDIA
- AFRICA
Hobbled by the global business downturn and billions of dollars
in debt, Mittal's plans to turn West Africa into its iron-ore
hub are on hold
The world's biggest steelmaker, ArcelorMittal, is cutting back
sharply on its operations in West Africa, which were part of a
plan to provide about two-thirds of the company's iron ore....
More signs are emerging that China is being drawn inexorably
into Africa's internal politics and is being compelled to take
sides in wider geopolitical disputes. This time, the trigger was
the...
Vol 2 (AAC) No 9 |
- JAPAN
- AFRICA
- BRIEFING
Japan is to add another US$4 billion in new concessional loans
to Africa over the next five years, outpacing the spending of
the China-Africa Development Fund, according to Koji
Yonetani, the...
Vol 2 (AAC) No 8 |
- CHINA
- AFRICA
- BRIEFING
China is taking advantage of the global economic crisis to
restructure its mining industry. A 4 trillion renminbi (US$586
billion) stimulus plan, announced late last year, encompasses
sector-specific reform measures put...
Vol 2 (AAC) No 8 |
- CHINA
- AFRICA
- BRIEFING
While China's leading dam-builder Sinohydro was busy dealing
with complaints from Western non-governmental organisations about
its refusal to engage with local populations, an East African
NGO shut down one of Sinohydro's...
Vol 2 (AAC) No 8 |
- CHINA
- AFRICA
- BRIEFING
The October 2007 merger between the Industrial and Commercial
Bank of China, the world's largest bank, and Standard Bank, South
Africa's largest, is finally showing its potential. After
a lacklustre start,...
Vol 2 (AAC) No 7 |
- AFRICA
- ASIA
Competition for strategic advantage in the world’s most important shipping lanes draws Africa and Asia into a regional stand-off
For the next few decades, the Indian Ocean will be the setting
for competition between three great powers: the United States
adjusting to an increasingly multipolar world, and the rising
military...
Vol 2 (AAC) No 7 |
- AFRICA
- ASIA
China sees India more as a stumbling block than a competitor
for its ambitions in Asia. Professor Han Hua, a South Asia
specialist at Beijing University, said that China lacks...
Vol 2 (AAC) No 7 |
- CHINA
- AFRICA
China would not be taking up tracts of land in Africa to meet
its domestic food requirements insisted Beijing's Deputy Agriculture
Minister Niu Dun in April, but reports on the...
Vol 2 (AAC) No 7 |
- TAIWAN
- AFRICA
On 7 May, Taiwan's Ministry of Foreign Affairs released a long-delayed white paper on foreign aid confirming what Taipei's allies are
keenly aware of: Taiwan's foreign aid has dropped...
Vol 2 (AAC) No 6 |
- TAIWAN
- AFRICA
Taiwanese diplomacy faces an awkward commercial challenge.
Stripped of the warm words and diplomatic ambiguities, it is clear
that Taipei's biggest trading partners no longer recognise Taiwan
as an independent state...
Vol 2 (AAC) No 6 |
- CHINA
- AFRICA
Although China's exports have fallen by more than a quarter
from last year's levels, the Export-Import Bank of China is busier
than ever financing trade with Africa, Latin America and...
Vol 2 (AAC) No 5 |
- CHINA
- AFRICA
China's plummeting exports are worse than many economists had expected but the country's slowdown does not necessarily spell doom for Africa
Africa and China escaped the worst direct effects of
the global slowdown last year, Africa because its banks were not
integrated into international credit markets, and China because
its banks were...
Vol 2 (AAC) No 5 |
- JAPAN
- AFRICA
Economic and political troubles at home mean that Japan is having difficulty following through on its pledges to Africa
The man who was Japanese Prime Minister in 2007-08, Yasuo Fukuda, was in Botswana on 21-22 March for the follow-up meeting of the Tokyo International Conference on African...
Vol 2 (AAC) No 5 |
- JAPAN
- AFRICA
Before China, there was Japan, say Kenyans. The
Japanese aid model is built largely around supplying technical
expertise rather than direct budget support. Japanese experts
in agriculture, energy and education are...
Vol 2 (AAC) No 5 |
- SOUTH KOREA
- AFRICA
On top of the Madagascar saga, South Korea's loss
of oil acreage in Nigeria in February is the biggest of
several setbacks for Korean companies in Africa in recent months
(AAC...
Vol 2 (AAC) No 5 |
- CHINA
- IRELAND
- AFRICA
Ireland's Tullow, which has quickly outgrown out its minnow status,
enters April stronger, having raised US$2 billion in debt financing and energetically dismissing speculation that it would consider selling...
Finance ministers will come under heavy pressure at the G-20 meeting on 2 April in London to crack down on tax havens and the banking secrecy regimes that...
Vol 2 (AAC) No 5 |
- AFRICA
Chief Economist, Africa Region, World Bank
The effects of the global slowdown on African economies have
been generally overlooked. The World Bank has responded with its
advocacy of more regional integration and infrastructure development,
and a proposal...
Vol 2 (AAC) No 4 |
- CHINA
- AFRICA
- BRIEFING
Beijing is investing 45 billion yuan (US$6.6 bn.) in expanding
its Xinhua News Agency and launching a 24-hour English
language television news station. The plans envisage more cooperation
with African media...
Vol 2 (AAC) No 3 |
- CHINA
- AFRICA
Beijing's trade and investment in Africa will continue to
grow despite a few credit-crunch casualties
Like every other major economy, China is reassessing its priorities, and worrying about unemployment and falling market demand. Beijing's policymakers will therefore concentrate more on domestic economic growth...
Vol 2 (AAC) No 3 |
- INDIA
- AFRICA
India's ministers predict that trade with Africa will hit
US$100 billion, but it will take many more deals and deeper import
and export diversification
Over the next five years, New Delhi expects India's trade with
Africa to reach US$100 billion - despite the global economic slowdown.
In an upbeat analysis of relations with Africa,...
Vol 2 (AAC) No 3 |
- TAIWAN
- AFRICA
Taipei's strategy enters a new era as it talks about cooperation with Beijing and ends dollar diplomacy in Africa
Taiwan's President Ma Ying-jeou's new diplomatic strategy
of rapprochement with China is making waves from the Taiwan
Strait to distant African shores. Agreements have been signed
between the two sides' semi-official...
Vol 2 (AAC) No 3 |
- JAPAN
- AFRICA
Private companies are sceptical about Tokyo's African enthusiasms
as the slowdown hits their operations at home
Tokyo's promises to double aid to Africa by 2012 are being tested
by international financial pressure on Japan's already feeble
economy - and by domestic political troubles. Prime Minister Taro
Aso...
Vol 2 (AAC) No 3 |
- JAPAN
- AFRICA
Most of the impetus for Japanese companies in Africa will be
coming from state agencies. The Japanese International Cooperation
Agency wants to test its newly expanded powers and wider funding
base,...
Asia's smaller states look to agricultural cooperation with Africa for mutually beneficial trade
Cambodia's diplomatic reach in Africa is extremely limited
but its rice exports are expanding fast despite questions about
their quality. With a record surplus of over 2.8 million tonnes
in 2008,...