Vol 7 (AAC) No 2 | CHINA Dai Zhikang 30th November 2013 Chairman, Shanghai Zendai Property, China The Hong Kong-listed property developer announced in November an investment of about US$8 billion to transform the Modderfontein suburb of Johannesburg, South Africa, into a metropolis to rival...
Vol 7 (AAC) No 2 | SÃO TOMÉ & PRÍNCIPECHINATAIWAN Move closer 30th November 2013 After allowing China to open a trade office in November, São Tomé is fending off claims that it may abandon Taiwan, its diplomatic ally Prime Minister Gabriel Costa is walking a fine line by encouraging investment from both China and Taiwan. Chinese oil companies play a crucial role in oil exploration, but...
Vol 7 (AAC) No 2 | SÃO TOMÉ & PRÍNCIPECHINA Ins and outs of the oil companies 30th November 2013 São Tomé e Príncipe’s Agência Nacional do Petróleo signed a production-sharing contract with the Hong Kong-registered private oil company Sinoangol for Block 2 in its Exclusive Economic Zone...
Vol 7 (AAC) No 1 | CHINAAFRICA Africa gets into the driving seat 4th November 2013 Governments are negotiating much more robustly with Chinese companies and cancelling those contracts they judge to be poor value It had seemed that the big-ticket investors in African countries sponsored by China would be free to run rough-shod over investment and other legislation, given the fervour with... READ FOR FREE
Vol 7 (AAC) No 1 | GUINEACHINA New plans for Simandou 4th November 2013 After China Power's alumina refinery deal in September, Chinalco and Rio Tinto plan to start production at the giant iron-ore mine China Power Investment, which plans to build an alumina refinery at Boffa in western Guinea, is on the verge of succeeding where many other companies have failed or...
Vol 7 (AAC) No 1 | CHINAAFRICA Sparklers for Beijing 16th October 2013 Chinese companies are seeking new joint venture partners and buying stakes in established companies to increase the supply of rough diamonds to Chinese markets While Beijing is getting ready to take its turn at the presidency of the Kimberley Process Certification Scheme, Chinese companies are busy launching a new investment drive in...
Vol 7 (AAC) No 1 | CHINAAFRICA Chinese partners make mining projects viable 16th October 2013 With less money around for mining investments, companies are taking on multiple partners Like many other mining companies, Mwana Africa and its Chief Executive Officer Kalaa Mpinga are not just counting on one company for finance for future mining projects. With...
Vol 7 (AAC) No 1 | ZIMBABWECHINA Dilemmas over power cuts and shortages 21st October 2013 With regular power outages and Harare in the grips of a water crisis, the government needs money fast The inability of the Zimbabwe African National Union-Patriotic Front government to maintain sufficient levels of food production, energy and water supplies is a major problem for locals and...
Vol 7 (AAC) No 1 | ETHIOPIACHINA Huawei in corruption probe 4th November 2013 Telecoms equipment left unclaimed at the port leads to a government investigation into the Chinese company Ethiopia has launched an investigation into the illegal import of US$13 million in telecommunications equipment in the name of Ethio Telecom by Huawei Technolgies. The inquiry will determine...
Vol 7 (AAC) No 1 | CHINAAFRICA A new phase of China-Africa cooperation 4th November 2013 Peace and security will move up the agenda China’s Foreign Minister Wang Yi and his counterparts from 40 African governments came together for the Third Round of Political Consultations during the meeting of the United Nations...