Vol 2 (AAC) No 12 | GUINEACHINA Blood and money in the streets 19th October 2009 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...
Vol 2 (AAC) No 12 | ANGOLAGUINEACHINA The faces behind the funds 19th October 2009 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 purchase of the publicly traded...
Vol 2 (AAC) No 12 | ANGOLAGUINEACHINA How the Sino-Angolan alliance works 19th October 2009 The China International Fund (CIF) was born in the aftermath of Angola's civil war as the Luanda government embarked on Africa's costliest post-war reconstruction, fuelled by oil, gas and mineral resources....
Vol 50 No 20 | SIERRA LEONE More power for Freetown 8th October 2009 Security has improved but political reforms and economic growth are moving too slowly to win much support for President Bai Koroma's government Two years into his presidency, Ernest Bai Koroma of the All People's Congress (APC) can claim some successes. The Bumbuna hydroelectric dam will soon supply the capital, Freetown,...
Vol 50 No 20 | SIERRA LEONE A renewed army, an old-style police 8th October 2009 Britain has spent millions helping to create Sierra Leone's security apparatus from scratch. The army and police protected the elections in 2007 and triumphed over smugglers in July...
Vol 50 No 20 | SIERRA LEONE A family business 8th October 2009 Oppositionists lambast Ernest Bai Koroma's government for favouring the north-west region in its appointments, specifically the President's own Limba people and their Temne and Krio allies.
Vol 50 No 20 | GUINEA Gunning down democracy 8th October 2009 Condemned for massacring its own people, the junta negotiates an economic lifeline with China More than 157 unarmed demonstrators were shot down on 28 September by soldiers using rifles, daggers, machetes and iron bars. It was a straightforward massacre. Those killed...
Vol 50 No 20 | NIGERIA Bankable Assets 8th October 2009 The introduction by the Central Bank of Nigeria of polymer banknotes on 1 October has been blighted by accusations that millions of pounds in illegal commissions have been...
Vol 50 No 19 | NIGERIA Why the banks stay optimistic 25th September 2009 Oil, gas and Africa's biggest market keep the investors interested despite the increasingly desperate politics in Abuja ahead of the 2011 elections After six weeks of billion dollar bail-outs, high-level sackings and the arraigning in court of five top executives, Nigeria’s financial sector is still robust enough to prompt paeans...
Vol 2 (AAC) No 11 | GHANACHINABRIEFING An oil barter rescue 22nd September 2009 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...