China

On the face of it, the speculation that China could take over US$50 billion worth of Nigeria's oil reserves currently licensed to Western oil majors is on the outer reaches...

In Uganda, the China National Offshore Oil Corporation has taken the pole position in discussions to buy out part of Irish oil company Tullow's interests in more than one billion barrels...

Ethiopia has signed contracts with Chinese construction companies to build two huge dams as part of a US$12 billion, 25-year Power Sector Master Plan to harness the country's hydropower potential. It...

China Development Bank Vice-Governor Zhao Jianping has taken the reins of the China-Africa Development Fund from CDB colleague Gao Jian. Zhao's career is marginally more cosmopolitan than that of the man...

China's relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block. Worse, lower than...

Guinea's military ruler Moussa Dadis Camara set up a commission on 28 August to manage a planned US$1.6 billion investment from the China International Fund. The CIF is 70% owned...

Beijing faces a new round of criticism over its heavy investments in Sudan's oil business following the publication of a report by British lobbyists Global Witness(1) on 7 September pointing to...

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...

Oil industry officials in Accra are linking Finance Minister Kwabena Duffuor's 18 September statement that Ghana had applied for a US$2 billion concessional loan from China to...