Vol 1 (AAC) No 9 |
- CHINA
- AFRICA
The mighty Chinese banking triad
CHINA EXIM BANK: Established in 1994 under the Policy Banks
Law, China Exim Bank is currently the third largest export credit
agency in the world. China Exim Bank is tasked...
Vol 7 (AAC) No 1 |
- CHINA
- AFRICA
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...
Arms supplies to countries such as Zimbabwe and Congo-Kinshasa will be more tightly controlled, says Britain's Minister of State for Trade, Nigel Griffiths. UK-based arms dealers breaking embargoes...
Vol 46 No 7 |
- AFRICA
- MINING
Efforts by South Africa's Harmony to create the world's biggest gold mining group by taking over another SA mining house, Gold Fields, hit new problems this week with...
It is the biggest economic success story in Africa. The growth of mobile telephony is phenomenal – in numbers, in jobs created and in the economic development it is driving. African software engineers are pioneering the development of payment systems over mobile telephones, first in Kenya, then Rwanda and South Africa, and now Nigeria. Until the late 1990s, few mobile phone operators regarded Africa as a viable mass market. They lacked accurate information about the continent’s spending power and a vision of how services could be developed. Initially, most companies – except for South Africa’s MTN – steered clear of Nigeria (AC Vol 43 No 20, Scrambling for Africa). Now it is one of the world’s biggest telecommunications markets
Between 1998 and 2008, the number of mobile phone subscribers in Africa increased from 4 million to 260 million while network coverage increased from 10% to over 60%...