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Africa

 

news by category: Africa

Found 945 articles.

Displaying 42 results from 2012 (out of 945 total).

Beijing’s new team starts work

Xi Jinping’s government will gradually switch from export-led growth to focus on domestic investment but will still need Africa’s oil and minerals

The character of the new all-male leadership of China’s Communist Party announced on 15 November will prove at least as important for Africa’s political and business elite as...


China Sonangol shows its hand

Under the leadership of Chief Executive Officer Alain Fanaie, the former head of infrastructure and commodities at France’s Crédit Agricole, China Sonangol is making moves towards transparency....


Tokyo’s Africa aid birthday

The Japan International Cooperation Agency celebrated twenty years of international assistance to African countries at the United Nations University on 30 November. JICA’s African Department is working on...


More summits, more funds

The South Korean government is making more commitments to back its economic expansion in Africa and to promote industrialisation and trade

The third Korea-Africa Economic Cooperation Forum took place in Seoul from 15-18 October, marking a stronger engagement from the South Korean government. Foreign Minister Kim Sung-hwan announced to...


Dodging Dodd-Frank

Lobbyists failed to dilute the strong disclosure requirements that are now law in the USA but the transparency battle still rages in Europe

The American Petroleum Institute, a major oil industry association, and other pro-business groups are challenging the Dodd-Frank Wall Street Reform and Consumer Protection Act. Major oil companies continue...


Opacity for all

In August, the United States Securities and Exchange Commission published its 236-page guide to the operation of Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection...


Lucrative IIDEA

Staff at the International Institute of Democracy and Electoral Assistance want IIDEA’s management investigated for wasting funds and making generous payments to former directors and consultants. They say...


Getting out of the bush

Accountants and managers at the BBC are calling time on the African service and cutting British influence on the continent

The British Broadcasting Corporation’s decision to eviscerate its highly successful African Service looks counterproductive. It is all the more surprising given that Africa is being targeted by well-financed...


The Glencore-Xstrata merger

Two of the world’s biggest mining and trading companies are joining forces to launch new ventures in West and South Africa

A new African empire stretching from the Sahara to South Africa is in the making as Glencore and Xstrata, two giant mining and trading companies, finalise their plans...


Companies fight regulation

New US laws and planned European regulations are coming under fire from well-organised oil and mining lobbyists

Extractive industries don’t always like compulsory disclosure requirements. Companies are now fighting a rearguard action against recent United States and European Union legislation.


Fanfares for Africa

The latest fanfare for Africa’s economic prospects comes from the Economist Intelligence Unit’s survey of fund and asset managers, bankers and other financiers for Invest AD, the sovereign...


New technology, new repression

Authoritarian regimes’ use of cellphones is under the spotlight

One of the most striking aspects of last year’s North African revolutions was the use of new technology as a tool for political organisation – and to outwit...


The long march speeds up

Stronger economies, better education and technology are driving more political change and unrest

Expect turbulence. As well as sound advice from pilots to passengers on aircraft taking off from Kisangani to Kinshasa in Congo-Kinshasa, such warnings look apposite for the year...


Textile trouble

The garment industry is Africa’s first rung on the ladder of industrialisation but Asian competition has been wrecking it

Asian textile factories in Africa are often the scene of angry confrontation between workers and management, governments and traders. Asian production is widely seen as a threat to...


A temporary revolution

A new study from the University of Oxford’s Centre for the Study of African Economies* reveals that the boom in Asian textile investment in Africa is over. To...


Noel Naval Tata

Managing Director, Tata International

Noel Tata was never a serious contender to succeed his half-brother Ratan Tata at the head of Tata Group. He seems content with running...


FOCAC V brings billions more

Talk of a ‘new type of partnership’ was overblown, but Beijing pledged $20 bn. and took first steps toward improving corporate and environmental regulations

With a crucial leadership handover at the end of the year and growing domestic economic concerns, Beijing hosted the Fifth Forum on China-Africa Cooperation on 19-20 July with...


Big promises abroad, more worries at home

In July, the International Monetary Fund and World Bank cut growth estimates for China and its African trading partners. The IMF forecast that China’s gross domestic product would...


Traders, Ambassadors and Islamists

Pakistan’s engagement with Africa is struggling to get off the ground. While the government is launching its first serious efforts at summitry, boosting trade and improving continental diplomacy,...


A matter of private equity

Africa’s top private equity firms are in talks with their Chinese counterparts to channel a new wave of investment into African companies. On 16 June, Vincent Le Guennou,...


Previewing FOCAC V

FOCAC will review China’s successes in Africa, as well as its problems, but Beijing’s policy of non-interference remains non-negotiable

Beijing hosts the Fifth Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) on 19-20 July, where China will make a raft of new promises to its African...


Full steam ahead on the Marrakech Express

Despite a faltering economy and a devastating 2011 earthquake, Japan’s Foreign Minister Koichiro Gemba told the follow-up meeting to the Tokyo International Conference on African Development in Marrakech,...


Redback takes on greenback

African countries will be among the first to adopt the Chinese renminbi as a reserve currency

South Africa, China’s largest trading partner on the continent, looks set to be the first African nation to join the 20 other countries and regions that have swapped...


Coal is hot

Southern Africa is now the major frontier of coal exploration for Indian energy companies. Khopoli Investments, a subsidiary of India’s largest private power producer, Tata Power, agreed a...


Ma’s labours lost

Little was gained and little lost during Taiwanese President Ma Ying-jeou’s first African tour on 7-18 April. Far outscored in the contest with China for diplomatic recognition, Ma...


Think-tanks and policy-makers

China’s rocketing trade and political engagement with Africa are driving the growth in think-tanks and policy fora on Asia-Africa relations

A new report from the United States’ Social Sciences Research Council highlights the links between research and China-Africa trade and diplomacy. A Preliminary Mapping of China-Africa Knowledge...


Africa studying China

The numbers of African institutions studying China are far fewer than those of Chinese institutions studying Africa. Regional studies programmes are often poorly financed, but joint research projects...


China studying Africa

Public universities and government-backed think-tanks dominate Chinese research on Africa. Most ministries host official research institutions, which have limited independence.


Competition for clusters

The African Union will determine which African countries will host India’s two new industrial clusters, which will be backed by billions of dollars in investment from the New...


Beijing resets its Africa policy amid economic success

Hit by wars, piracy and corruption claims, Chinese companies adapt to Africa’s fast-changing politics

Hostage-taking, festering regional disputes and rising domestic criticism are all complicating the politics of Beijing’s Africa policy.


New pressure on Beijing

China is caught in the escalating fight over oil revenues between Sudan and South Sudan. Its newest African partner, President Salva Kiir Mayardit’s government in Juba, has asserted...


Trading places

Large numbers of Chinese nationals have been heading to Africa’s major cities to get their own slice of skyrocketing China-Africa trade

Traders are the visible target for the merchants, unions, consumers and politicians angered by the impact of China’s growing ties to Africa. Nevertheless, some African governments are resisting...


Chinese traders set up shop

Small-scale Chinese merchants have established operations in major urban centres and rural outposts, leading to increased competition, violence and calls for government intervention


The year of the dragon, again

China’s trade with Africa has overtaken the USA’s trade with the continent and will soon rival that of the European Union

Officials are building up expectations for the fifth Forum on China-Africa Cooperation (FOCAC V), which Beijing will host in the last quarter of this year. The showpiece summit,...


India’s new frontier

Many Indian businesses are not waiting for government support for their African ventures and are transforming Africa’s economic infrastructure

The Indian government starts 2012 aiming to almost double bilateral trade with Africa from US$46 billion to $70 bn. by 2015. Such plans disguise the fact that, so...


Aggressive passivity

The government is tied in knots, but that has not stopped the armed forces from taking a more active role in international peacekeeping missions

Japan’s cycle of political instability and the long recovery from the tsunami and Fukushima nuclear crisis signal another year of inward focus for the governing elite. Prime Minister...


Recognition mission

China’s favoured candidate stays in office, but Taiwan will struggle to participate in international bodies and overcome security challenges

President Ma Ying-jeou of the Kuomintang (KMT, Chinese Nationalist Party) won a second term on 14 January and now has another four years to carry forward his China-friendly...


Business doors open wide

Ministers and business leaders from Kuala Lumpur to Hanoi are scouting for African deals as global political and economic power shifts eastward

The Jakarta government expects 100% growth in exports to Africa over the next three years. They grew by 30% to US$3.5 billion in 2010 and should hit $4.5...


Displaying 42 results from 2012 (out of 945 total).