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Published 1st October 2009

Vol 2 (AAC) No 12


Guinea

Blood and money in the streets

Image courtesy of Panos Pictures
Image courtesy of Panos Pictures

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China's business ties to the loathed Camara junta could quickly backfire

Beijing's Foreign Ministry officials are energetically distancing themselves from a US$7 billion minerals deal announced on 9 October by the increasingly isolated military regime in Guinea with the Hong-Kong based China International Fund. Without some fast diplomatic footwork, China could again face excoriation for helping to finance a murderous regime, five years after an international campaign began pressuring Beijing over military and financial links to the Sudanese regime and massacres in Darfur.


The faces behind the funds

The business people, politicians and state officials behind the China International Fund (CIF) and China Sonangol International (CSI) entered the public eye in 2008 with the purc...


The next great land sale

Seoul is trying to buy into Tanzania's farm sector shortly after Daewoo precipitated a political confrontation over the same issue in Madagascar

South Korea is desperately trying to manage the political fallout as it negotiates the acquisition of 100,000 hectares of farmland with the Tanzanian government. It is trying to ...


The race to give Museveni what he wants

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...


Power surge in Addis

The Ethiopian government is launching one of Africa's most ambitious cooperation programmes with China to build several new power stations

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 hyd...



Pointers

Zhao Jianping

Chairman, China-Africa Development Fund

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 cosmopo...


Chin-tien (Timothy) Yang

Minister of Foreign Affairs, Taiwan

One of the Taiwan's most experienced Africanist diplomats now appointed as Foreign Minister, Chin-tien (Timothy) Yang keeps carefully to the new script which paradoxically down...


Shashi Tharoor

Former Minister of State, External Affairs, India

Appointed as Minister of State for External Affairs for Africa, Latin America and the Middle East, Shashi Tharoor brings his experience in the United Nations to the post. As a si...


Phung Dinh Thuc

President and CEO, Petrovietnam

The new president of Vietnam's state oil monopoly is increasingly looking overseas to shore up the country's reserves. Phung Dinh Thuc is a Soviet-trained engineer with a long c...