Vol 4 (AAC) No 2 |
- INDIA
- AFRICA
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...
Vol 4 (AAC) No 2 |
- CHINA
- AFRICA
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...
Vol 4 (AAC) No 2 |
- CHINA
- AFRICA
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.
Vol 4 (AAC) No 2 |
- SOUTH KOREA
- AFRICA
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...
Vol 4 (AAC) No 2 |
- SOUTH KOREA
- AFRICA
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.
Vol 4 (AAC) No 1 |
- SOUTH KOREA
- AFRICA
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...
Vol 4 (AAC) No 1 |
- SOUTH KOREA
- AFRICA
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...
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...
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...
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 new seat for Africa on the World Bank's board is a step
forward - gaining more clout at the IMF is the next challenge
Africa has won its first big victory in the ongoing reform of the international financial institutions in Washington by securing a third seat on the Executive Board of...
The main protagonists in the current currency skirmishes are the United States and China but developing economies are caught in the crossfire as governments talk of competitive devaluation...
Vol 51 No 20 |
- AFRICA
- BANKS
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...
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,...
Vol 51 No 19 |
- TRADE
- AFRICA
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...
Vol 51 No 16 |
- ECONOMY
- AFRICA
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...
Vol 51 No 16 |
- ECONOMY
- AFRICA
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....
Vol 51 No 15 |
- FRANCE
- AFRICA
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...
Vol 51 No 14 |
- FRANCE
- AFRICA
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....
Vol 51 No 14 |
- FRANCE
- AFRICA
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...
Vol 51 No 14 |
- FRANCE
- AFRICA
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...
Vol 51 No 13 |
- AFRICA
- BRITAIN
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...
Vol 51 No 11 |
- AFRICA
- MINING
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...
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...
Vol 51 No 9 |
- ECONOMY
- AFRICA
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.
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...
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...
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...
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...
The Pentagon is expanding the reach and role of its new Africa command after a shaky start
The United States’ military strategy in Africa, much criticised under President George W. Bush, looks much the same over a year after the inauguration of President Barack Obama....
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...
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...
Vol 51 No 2 |
- ECONOMY
- AFRICA
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...
Vol 51 No 2 |
- ECONOMY
- AFRICA
'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...
A report by the United Nations Office of the Special Adviser on Africa* points out that the rise of emerging-market trade and investment may be just as likely...
Vol 3 (AAC) No 11 |
- VIETNAM
- AFRICA
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...
Vol 3 (AAC) No 11 |
- SOUTH KOREA
- AFRICA
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...
Vol 3 (AAC) No 10 |
- CHINA
- AFRICA
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...
Vol 3 (AAC) No 10 |
- CHINA
- AFRICA
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.
Vol 3 (AAC) No 10 |
- VIETNAM
- AFRICA
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...
Vol 3 (AAC) No 10 |
- VIETNAM
- AFRICA
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...
Vol 3 (AAC) No 9 |
- JAPAN
- AFRICA
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...
Vol 3 (AAC) No 9 |
- JAPAN
- AFRICA
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...
Vol 3 (AAC) No 8 |
- SOUTH KOREA
- AFRICA
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...
Vol 3 (AAC) No 8 |
- PAKISTAN
- AFRICA
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...
Vol 3 (AAC) No 7 |
- AFRICA
- ASIA
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...
Vol 3 (AAC) No 7 |
- CHINA
- AFRICA
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...
Vol 3 (AAC) No 6 |
- CHINA
- AFRICA
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...
Vol 3 (AAC) No 6 |
- CHINA
- AFRICA
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.
Vol 3 (AAC) No 6 |
- CHINA
- AFRICA
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...
Vol 3 (AAC) No 6 |
- INDIA
- AFRICA
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...
Vol 3 (AAC) No 6 |
- INDIA
- AFRICA
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...
Vol 3 (AAC) No 4 |
- AFRICA
- ASIA
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...
Vol 3 (AAC) No 3 |
- CHINA
- AFRICA
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...
Vol 3 (AAC) No 3 |
- CHINA
- AFRICA
Debate within China has been raging for some time over the solution to
the problem of slumping exports. One of the more controversial ideas
that has been floated is a...
Vol 3 (AAC) No 3 |
- INDIA
- AFRICA
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...
Vol 3 (AAC) No 3 |
- JAPAN
- AFRICA
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...
Vol 3 (AAC) No 3 |
- TAIWAN
- AFRICA
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,...
Vol 3 (AAC) No 3 |
- AFRICA
- ASIA
- BRIEFING
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...