Vol 6 (AAC) No 10 | CHINAAFRICA Africa and the great Chinese slowdown 5th August 2013 As Nigerian exporters have trouble selling crude in the United States because of the fracking revolution and South African economists study movements of China’s yuan for their impact on the rand, Africa’s economies are ever more strongly linked to Asia’s. As Nigerian exporters have trouble selling crude in the United States because of the fracking revolution and South African economists study movements of China’s yuan for their impact...
Vol 6 (AAC) No 10 | MALICHINA Deals miss election deadline 5th August 2013 The IMF sounded alarm bells over the sidelining of Finance Minister Coulibaly in late June after he opposed several rushed deals with Beijing Uncertainty hangs over three controversial deals with China that President Dioncounda Traoré’s outgoing transitional government had hoped to conclude before the first round of national elections held on...
Vol 6 (AAC) No 10 | MALICHINA Intervention for the non-interventionists 5th August 2013 They will not be involved in combat but Chinese troops will be joining the new peacekeeping force in Mali China is sending troops to the new United Nations peacekeeping mission in Mali. The Ministry of Foreign Affairs announced in late June that it would dispatch its...
Vol 6 (AAC) No 10 | SIERRA LEONECHINA Koroma nets $6.5 bn. deal from Kingho 5th August 2013 President Koroma wants more investments from China and Kingho is ready to go Chinese companies, both private and state-owned, are set to carve out major stakes in Sierra Leone’s economy. Sierra Leonean President Ernest Bai Koroma ended a six-day trip to...
Vol 6 (AAC) No 10 | CÔTE D'IVOIRECHINA Billions for ADO 5th August 2013 Beijing state banks to lend billions to Ouattara In July, Development and Planning Minister Albert Mabri Toikeusse revealed that negotiations are under way between the Abidjan government and China’s state-run policy banks that will provide the...
Vol 6 (AAC) No 10 | CHINA Meng Jianzhu 25th July 2013 Secretary, Central Politics and Law Commission, CPC, China With more Chinese nationals and businessmen in Africa than ever before, the Beijing government has much to do when it comes to protecting its citizens. After a wave...
Vol 6 (AAC) No 9 | CONGO-KINSHASACHINAINDIA Help for the East 2nd July 2013 With European security support to be reduced in 2015, Kinshasa is counting on China and India to help the UN mission and Congolese troops India and China are offering to help President Joseph Kabila’s government secure its eastern borders following a series of bilateral meetings in June in Kinshasa. These offers follow...
Vol 6 (AAC) No 9 | GHANACHINA Miners out but no funds in 2nd July 2013 Accra-Beijing relations are tested by growing concerns about illegal gold mining and a slowdown in finance for the Chinese-built gas plant Ghana’s expulsion of some 200 Chinese accused of involvement in illegal gold mining and more delays in disbursements from the China Development Bank for the gas plant in...
Vol 6 (AAC) No 9 | CHINAAFRICA Spotlight on Queensway Group 2nd July 2013 China International Fund's former parent company, Dayuan International Development, is ordered by a judge to hand over its books to a former director A high-profile Hong Kong court case could reveal more details about the business dealings of the secretive China International Fund and China Sonangol. Nicknamed the ‘88 Queensway Group’...
Vol 6 (AAC) No 9 | GABONCHINA Tax troubles but business buoyant 2nd July 2013 Despite the legal actions and environmental problems, relations between the governments of Gabon and China are still strong Punitive action against a Chinese oil company following a tax dispute has not undercut Libreville-Beijing ties. Although the government revoked Sinopec-owned Addax Petroleum’s oil permit in Obangue in...