Vol 1 (AAC) No 5 | MALAWIMALI Lights off 6th November 2008 The abrupt closure of the Malaysian textile company Ramatex Group's operations in Windhoek with a loss of 3,000 jobs in early March has sparked a political row with trades unionists accusing...
Vol 1 (AAC) No 4 | GHANACHINA Any more business? 6th November 2008 Ghana has developed close ties with China, but ones that contrast with those enjoyed by other African states The new Defence Ministry building in Accra is under construction by Chinese contractors. Chinese companies built the Tamale and Sekondi stadiums, which were used in February’s 2008 African...
Vol 49 No 22 | CÔTE D'IVOIRE Forever delayed 31st October 2008 Postponing polls has become a habit, but the parties are still focused on winning power whenever the election comes Politicians all agree that the latest election deadline of 30 November cannot be met and expect the polls to be held in March next year at the earliest....
Vol 49 No 22 | CÔTE D'IVOIRE Three's a crowd 31st October 2008 If the elections actually take place, the candidates are more than ready A trio of veterans compete to fill the shoes of Côte d'Ivoire's founding President Félix Houphouët-Boigny. President Laurent Gbagbo, 63, was a university teacher and trade unionist who...
Vol 49 No 22 | BENIN Minority politics 31st October 2008 President Yayi lacks a parliamentary majority and the skills to win over new supporters In another desperate attempt to win over some opposition supporters to his ineffectual coalition, President Thomas Boni Yayi announced a ministerial reshuffle on 22 October. Yet the horse-trading...
Vol 49 No 22 | NIGERIAECONOMY Economy: Trouble in the markets 31st October 2008 Watching oil prices fall from US$147 a barrel to $57 over the past month and listening to endless media speculation about his health must have been disconcerting for...
Vol 49 No 22 | NIGERIA Nigeria's banks: double or quits 31st October 2008 Nigerian visitors to London’s Heathrow Airport are pleasantly surprised to see billboards publicising one or another of their country’s biggest banks. Many of the taxis operating out of...
Vol 1 (AAC) No 12 | GUINEACHINA Dam payment 28th October 2008 President Conté's ministers are the latest African team to negotiate a massive minerals-for-infrastructure countertrade deal Officials from Guinea’s Ministry of Mines are due in Beijing to negotiate a US$21 billion countertrade deal to swap bauxite and iron ore concessions for investments in dams,...
Vol 1 (AAC) No 2 | NIGERIACHINA Bringing it all back home 24th October 2008 Asian buyers face tough competition from local bidders as Shell sells a big stake in its oil business China has a new competitor for oil resources in Nigeria, according to company leaks and media reports. Royal Dutch/Shell is understood to be looking to sell a 49.8% stake in...
Vol 1 (AAC) No 1 | NIGERIAASIA New order, new deals 23rd October 2008 Asian companies face new rules and new relationships in Africa’s most prolific but politically complex oil producer Reforms in Nigeria’s oil sector, promised by Minister of State for Oil Odein Ajumogobia, will mean that some of the multibillion dollar deals with Asian companies will be reviewed...