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Africa

 

news by category: Africa

Found 945 articles.

Displaying 59 results from 2010 (out of 945 total).

Digging deeper

New Delhi wants to beat its international competitors in the race for new oil concessions by building strategic partnerships with Angola and Sudan

India’s diplomats are looking for both commercial and ‘preferential’ means to access oil acreage and to increase oil supplies. However, the Indian government will need to speed up...


The next big plan

Policymakers face rising expectations and criticisms of Beijing’s trade and investments in Africa

Growing demand for Africa’s minerals, oil, gas and farmland will shape China’s next five-year plan (2011-2015) due to be approved in March 2011. The planning committees have to...


How to plan the planning

The ruling Communist Party makes policy and the state bureaucracy implements it but decisions on economic strategy are taking in a wider range of opinion and expertise.


Seoul’s new strategy

A new five-year aid plan sets out Seoul’s goal of matching its economic strength in the diplomatic arena

South Korea is beginning to take its trade and aid more seriously, and Africa stands to benefit. The Seoul government’s hosting of the G-20 Summit in November again...


The Asian aid summit

Seoul intends to keep the promises made at November’s G-20 summit and began by hosting a gathering of Asian development agencies on 19 November.


Stalemate in Seoul

The economic and currency quarrels of the big powers overshadowed President Lee’s efforts to commit the G-20 to stronger development policies

African countries, like most states at the Group of 20 summit in Seoul on 12-13 November, saw their core concerns about growing protectionism and investment flows overshadowed by...


Diplomatic wins and aid wobbles

The 12-13 November Group of 20 Summit in Seoul afforded a great opportunity for South Korea to boost its Africa diplomacy. This is based on a modest aid budget, multibillion...


Diplomacy overheard

Stripped of polite posturing, the leaked cables offer both predictable assessments and occasional insights into US thinking on the continent

Of the 251,287 United States State Department cables leaked to Wikileaks, 1700 or so have been published, most through The New York Times, The Guardian and Der Spiegel...


Careless cables cost lives

Wikileaks, or its helpers in the mainstream press, have failed in at least five instances to protect sensitive sources quoted by United States’ diplomats in cables that they...


Approaching the summit

The first big question for the European Union-Africa summit in Tripoli on 29-30 November is who will be there. By convention, the Libyan hosts choose their guests. The...


The IMF asks the 5 billion euro question

Fund officials in Washington want more reforms at Central Africa's regional bank after uncovering billions of dollars of unauthorised dealings

Central African finance ministers will face more awkward questions about fraud at their central bank, the Banque des états de l'Afrique centrale, at the annual meeting of the...


Buy now, vote later

Island states with small populations are among the best run; many of the bigger countries are getting richer but more oppressive

The latest Index of African Governance from the Mo Ibrahim Foundation does not explain whether African economies are doing better in spite of or because of more authoritarian,...


The bonus culture

Payments by oil and mineral companies to ensure that governments sign on the dotted line are not always what they seem

New or renewed deals to explore for or produce minerals must be licensed by governments. When deals are signed, companies expect to hand over a bonus or other...


Roaring to go

As demand soars for Africa's oil, gas and minerals, its governments must find ways to strengthen their bargaining power

Optimism about Africa's economies is in fashion, as commodity prices stay high thanks to demand from Asia and Western investors seek outlets for capital that they find no...


The numbers are looking up

After peaking at US$72 billion in 2008, foreign investment in Africa fell to $59 bn. in 2009 but is now growing again and could exceed the $80 bn....


Forgotten promises

In 2007, a just-elected President Sarkozy promised to remake France’s Africa policies but strategic political and economic interests still prevail

On 14 July, troops from 13 African countries marched down the Champs-Elysées in the annual Bastille Day parade, while elderly sub- Saharan veterans of the French colonial army...


The falling euro drags down the CFA franc

A relic of France’s African economic empire, the CFA zone must cope with the impact of Western Europe’s monetary disarray

The continuing crisis of the rich world’s financial system has thrown off balance the main surviving element of France’s African empire, the franc of the Communauté financière d’Afrique....


How the CFA Franc zone works

The initials CFA once stood for the Communauté française d’Afrique, later changing to Communauté financière d’Afrique. The name is a colonial legacy and considerable monetary powers are still...


Realpolitik and resignations

The resignation of Alain Joyandet, secretary of state for cooperation, will reinforce the grip of the Elysée Palace on France’s Africa policy. Joyandet, who was forced out after...


Bankrupt asylum policy

Asylum-seekers in Britain will find it still harder to win their cases following the closure of the biggest advice charity, Refugee and Migrant Justice, which ran out of...


Out of Africa and into Asia

Some canny commodity traders are moving into Africa’s mining business to target the Asian market

Two of the world’s biggest and most controversial commodity traders, Trafigura and Glencore, are building up their metals businesses in Africa, to compete with Chinese rivals and meet...


More boots on the ground

The United States Department of Defence is considering assigning a permanent army to its Africa military command, Africom. At present, Africom has to source all the troops it...


Out of the dip

Meeting in Washington, officials from the IMF, World Bank and African finance ministries predict a strong return to growth this year

The hiatus in Africa’s economic growth caused by the global financial crisis appears to have been ‘mercifully brief’, according to the International Monetary Fund’s Africa Director, Antoinette Sayeh.


US military calls up Europe

Washington wants the European Union to work with its African military missions, which may be more complicated than it seems

The United States Africa Command (Africom) wants help with its task of promoting stability and fighting terrorism on the continent and hopes to get it from the European...


Military money

In budget-cutting Washington DC, European cooperation is welcome even if European budgets are a fraction of United States’ funds. The US government has cut its Africom budget to...


Beating up the bankers

A Congressional probe shows how banks in the USA welcomed stolen funds from Angola, Equatorial Guinea, Gabon and Nigeria

Among the offending banks named in a new Congressional report on money laundering and corruption are HSBC Holdings, Europe’s largest bank, and Bank of America. They are accused...


If you sincerely want to be rich

In February, the United States Senate Subcommittee on Investigations produced evidence on the transfer of illicit and suspect funds from African regimes to the USA. Its report highlighted...


Who’s who in Africom

Theresa Whelan, Deputy Assistant Secretary of Defence for African Affairs, General William ‘Kip’ Ward, Commander, Africom, Anthony Holmes, Deputy to the Commander for Civil-Military Activities, and Vice-Admiral Robert...


Warriors and diplomats

The United States Africa Command in Stuttgart, Germany, represents a remarkable shift in policy over little more than a decade. In 1995, a Defense Department memorandum concluded that...


A slow return to growth

Africa suffered less than had been feared from the recession and its exports are set to recover this year thanks to buoyant demand from Asia

As the industrialised world struggles, a return to fast-growing commodity demand from Asia and a tentative Western recovery will boost African exports in 2010, although trade and budget...


BRIC building

'African assets were undervalued and China's presence has helped correct that, whether in bonds or foreign direct investment', said Victor Lopes, Africa Economist at Standard Chartered Bank. Multinationals...


Friends and competitors

Vietnam hosted its second African investment forum on 17-19 August in Hanoi with the theme 'Vietnam-Africa: Cooperation for Sustainable Development'. Attended by delegates from 30 African countries including...


Seoul's modest but steady progress

South Korea cannot match the deals made by China nor can it provide the same levels of aid as countries in North America and Europe. Still, that does not stop...


Beijing beams its messages

China's state-owned television, radio and news companies are working more closely with Africa's journalist corps

Beijing's 20-26 July seminar for developing countries on the topic of 'actively guiding' public opinion and creating a 'sound national image' is its latest response to the tide of Western criticism...


Coalition of the controllers

Journalists and activists, pointing to the lack of press freedom and weak civil society in China, argue that Beijing's engagement will only encourage the same in Africa.


Hanoi's great leap forward

Although Vietnam lacks the investment billions of Asia's mega-economies, its development gains offer important lessons for Africa

The startling growth of its economy in the three decades after its war with the United States means Vietnam's strategies are of huge interest to many African states, war-torn or...


Vietnam's two-way trade

More so than China or India, Vietnam has much in common with Africa's developing countries. Hanoi is also showing itself to be keener on learning from African experiences...


A whale's tale

Tokyo has been caught trying to bribe African countries to gain support in its quest to overturn an international ban on commercial whaling

National pride comes before a fall. Reports that Tokyo has routinely bribed at least six African countries to vote in support of its whaling policy have embarrassed the Japanese government. This...


Fishing for votes

Environmental campaigners such as Greenpeace have long protested about the links between voting at the International Whaling Commission and Japanese aid. That was before evidence that Japanese activities, including the paying...


Out of the starting blocks

On 24 May, Seoul’s Strategy and Finance Ministry identified Algeria, Ethiopia, Congo-Kinshasa, South Africa and Tanzania as ‘strategically important’ countries in its economic cooperation with Africa. South Korea...


Get in the game

Pakistan’s President Asif Ali Zardari held a mini-summit of African ambassadors on 2 June to launch Islamabad’s first real forays into Africa. In the style of Beijing’s Forum on China-Africa...


Asian solutions for Africa’s refinery problems

With limited domestic markets and poor infrastructure, the building of African refineries by Asian countries is often interpreted as cementing political ties rather than economic ones. China’s Sinopec balked at the...


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...


CADF expands Africa network

The state investment fund is launching Chinese companies into overseas markets where they pick up assets abandoned by Western and African companies

The China-Africa Development Fund’s expansion plans moved a step forward with the opening of a new branch in Addis Ababa, Ethiopia, on 30 March. The office will pursue greater cooperation...


CADF in Africa: Deals from 2007-2008

The first cooperation agreement signed by the China-Africa Development Fund was with the Tianjin North China Geological Exploration Bureau, a state-run mining enterprise, in December 2007.


CADF in Africa: Deals from 2009-2010

April 2009: the China-Africa Development Fund and YTO Group announced a joint venture – the China-Africa Machinery Corporation – to manufacture agricultural and construction equipment. YTO agreed to invest US$20.1 million for...


Wanted: special partners

Delhi offers cooperation, capacity building and, of course, cash in the unspoken competition with China for African hearts, minds and resources

India plans to increase its annual trade with Africa to US$70 billion – up from current levels of $45 bn. – over the next five years. That is...


For Punjabi farmers, an African frontier

African missions from Ethiopia, Mozambique, Tanzania, Uganda and Zimbabwe were invited to a conference in Patiala in Punjab on 26-27 March with farmers from all over the region...


Asian national minnows

Emulating their bigger Chinese and Indian counterparts, smaller Asian oil companies are forming partnerships to buy up African oil blocks

Smaller Asian energy companies are intensifying their exploration and production efforts in Africa, following in the wake of the Indian and Chinese oil and gas giants. Pakistani, Thai and Vietnamese companies...


A year to mend broken promises

After a dramatic fall in its trade and investment in Africa, Beijing pledges a return to exponential growth

The year 2009 was one of broken promises. China declared repeatedly that its relations with Africa would not be affected by the global financial crisis (AAC Vol 2...


Deconstructing Chindia

Delhi’s diplomats show how its brand of democracy and business differs from Beijing’s

India’s push for more trade and access to African mineral resources in 2010 will be made with one eye focused on Beijing. Indian diplomats and businessmen are trying...


How to manage expectations

The newish government has focused more on domestic policy but has promised to honour the previous government’s pledges to Africa

When Premier Yukio Hatoyama and the Democratic Party of Japan (DPJ) came to power in September 2009 promising to focus on domestic issues and budget cutting, African countries feared that...


Sitting on the fence

Taipei cannot turn to its African allies to improve lagging exports, but pins its hopes instead on reaching an understanding with Beijing

Africa is almost off Taiwan’s diplomatic radar. In contrast to the attention lavished by Chinese leaders on countries across the continent, Taiwan’s relations with its four African allies remain low key,...


The year ahead

Cambodia: peacekeeping and trade, Indonesia: the spirit of Bandung, Malaysia: agribusiness and oil, North Korea: vanity projects and arms sales, Pakistan: smuggling and fraud, Singapore: business junket, South Korea: good intentions, Thailand: expanding ties, Vietnam: oily interests

As one of the less developed Asian countries, Cambodia’s diplomats do not travel as much or have budgets as large as their Indian and South Korean counterparts. Nonetheless, the Phnom...


Displaying 59 results from 2010 (out of 945 total).