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news by category: Asia

Found 105 articles.

Displaying 21 results from 2013 (out of 105 total).

Trees fall in the forest

Inspections of Asian timber firms reveal violations of forestry laws by companies in Woleu-Ntem and Ogooué-Ivindo provinces

The Direction Provinciale des Eaux et Forets du Woleu-Ntem shut down the sawmill of the Société Linshen Gabon on 18 October. Inspectors found that the Chinese company was...


Look East again

Chinese investment will dominate Zimbabwe’s economic policy as President Mugabe’s new government finds itself short of friends in the West

President Robert Mugabe’s government has announced that it will be putting even more business the way of its Asian trading partners. This is after refusals by the United...

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Ex-army officers fast-track power plant

Military connections may have helped China Africa Sunlight Energy overcome the opposition of bureaucrats and activists

In May 2012, when the Movement of Democratic Change’s Elton Mangoma was still Energy Minister, he worried that the China Africa Sunlight Energy deal could be a case...


Mega-projects and mega-ghost towns

Millions have been spent, but two big projects backed by Chinese and Indian firms have failed to live up to expectations.

A short drive north out of Port Louis, a new road passes a couple of sugar plantations before signs in both English and Chinese announce your arrival in...


The titanium rush

The government has warned Chinese company Hong Ti Minerals to develop its mining project quickly as other Chinese firms join the hunt

Such is the competition for Mozambique’s mining permits that the government has threatened to revoke licences from companies that do not quickly develop their concessions. Mining legislation requires...


Lamu corridor lags behind

As plans trundle on for an oil and transport project connecting South Sudan and Ethiopia to the Kenyan coast, China backs a new rail link for Uganda

Kenya says that the huge Lamu corridor project is progressing but in late August China put its support firmly behind a rival transport project. President Uhuru Kenyatta’s government...


The financial ties that bind

While China’s policy banks are lending to governments, India’s commercial banks are on the ground working with businesses and consumers

Chinese state-run policy banks may be leading the way in providing state-to-state finance, but commercial banks from India are capitalising on their historical ties with East Africa to...

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Timeline of the ICBC - Standard Bank deals

ICBC's investment in Standard Bank has not delivered all that it promised, but it has nonetheless led to some key financing packages

Key events from November 2008 to August 2012


Asian banks spread across the continent

Some banks have been on the continent for decades but the rise in trade levels over the last decade has driven more competition to Africa

AAC's got it mapped


Bonding over bourses

Stock exchanges in Shanghai and Johannesburg embarked on a new cooperative project in August that will encourage more equity investments

Following the Johannesburg Stock Exchange-Shanghai Stock Exchange memorandum of understanding in September 2012, the inaugural South Africa-China Capital Market Forum was held at the JSE in August. Representatives...


Trade levels rise and rise

New statistics show continued high rates of growth in Asia-Africa trade, as African economies become more entwined with the BRICs

Africa’s trade with Asia’s major economies has gone from strength to strength, as trade with China and India continues to grow much faster than trade with the United...


The attractions of coal and gas

On her first state visit to Africa, Prime Minister Yingluck Shinawatra pledged an $8 billion investment in Mozambican port and rail projects

Thailand’s Prime Minister Yingluck Shinawatra embarked on her maiden state visit to Africa in late July. Her first stop was Mozambique, where on 1 August she promised to...


Dam number three at Inga Falls

Kinshasa seals a deal with South Africa for the third dam in the series

Chinese, South Korean and Spanish companies are among those competing for the contract to construct Inga 3 after Congo-Kinshasa announced on 18 May that it has clinched a...


Elections and electioneering stall deals

The Essar deal, along with many others, is set to languish until after the polls

The early April visit of India's Steel Minister, Beni Prasad Verma, scarcely made headlines in Zimbabwe's media. With elections on the horizon, Zimbabwe is more obsessed than ever...


Pipeline politics

The Kenyan government wants to get moving on the Lamu Port-South Sudan-Ethiopia Transport Corridor

Presidents Salva Kiir Mayardit and Uhuru Kenyatta reaffirmed their commitment to the Lamu pipeline this month when they met on 23 May in Juba, ahead of the African...


The BRICS didn’t break out the bank

The emerging countries’ summit reached agreement on a currency stabilisation fund and ministers will continue negotiations on a new development bank

Symbolism and messages counted more than the details at the BRICS (Brazil, Russia, India, China and South Africa) summit in Durban, South Africa, on 26-27 March. So, after...


Hostile crowd awaits BRICS summiteers

Ahead of the fifth BRICS (Brazil, Russia, India, China and South Africa) Summit in Durban on 26-27 March, South African companies are demanding that the African National Congress...


Farmers take on agribusiness

Asian agribusiness companies face opposition from NGOs and locals who claim that communities have the right to manage their lands

Uncertainty over land rights is stirring controversy for palm oil developers in Liberia. Local and international non-governmental organisations have targeted two agribusiness giants, Sime Darby and Golden Veroleum,...


China cool on intervention

Japan and India have pledged their support but China has legal – and ideological – doubts about the French response to the crisis

Japan promised US$120 million, India $101 mn. and China $1 mn. These headline pledges in emergency aid to Mali graphically illustrate Beijing’s unease at a crisis-management strategy spearheaded...


South Africa scrambles for Africa

The African National Congress (ANC) government has ordered South African state-owned companies to mount an aggressive trade offensive into Africa to counter the onslaught of investments by foreign...


Growth in a time of global austerity

Despite the global slowdown, Africa-Asia trade moves full steam ahead

State-owned oil company PT Pertamina made its largest African acreage purchase in December. A deal for stakes in three Algerian blocks owned by United States company ConocoPhillips for...


Displaying 21 results from 2013 (out of 105 total).