Vol 2 (AAC) No 5 | CHINAIRELANDAFRICA When Irish eyes are smiling 27th March 2009 Ireland's Tullow, which has quickly outgrown out its minnow status, enters April stronger, having raised US$2 billion in debt financing and energetically dismissing speculation that it would consider selling...
Vol 2 (AAC) No 5 | GHANAVIETNAM Victoria Kwakwa 27th March 2009 World Bank Country Director for Vietnam Ghanaian economist Victoria Kwakwa starts her job as World Bank Country Director for Vietnam in April. It is an important posting, given Vietnam's economic record over the past three...
Vol 2 (AAC) No 5 | RWANDASINGAPORE Alphonsus Chia Chung Mun 27th March 2009 Chief Executive Officer, Singapore Cooperation Enterprise (SCE) Rwandan President Paul Kagame has secured Singapore's interest in Rwanda's future. Singapore Cooperation Enterprise's Chief Executive Officer, Alphonsus Chia, was in Kigali in February to talk up investment opportunities. This is...
Vol 2 (AAC) No 5 | SOUTH AFRICAJAPAN Yukiya Amano and Abdul Samad Minty 27th March 2009 International Atomic Energy Agency Governors, Japan and South Africa The International Atomic Energy Agency is to decide on a successor to Egypt's Mohamed ElBaradei as Director-General on 26-27 March. Two IAEA Governors, strong>Yukiya Amano and Abdul Samad...
Vol 2 (AAC) No 4 | LIBERIACHINA A more perfect union 20th February 2009 Beijing’s special relationship with Monrovia defies market conditions and is expanding into Guinea and Sierra Leone The US$2.68 billion agreement signed by China Union's Chief Executive Yin Fuyou and Liberian President Ellen Johnson Sirleaf on 19 January to restart iron ore production at the old...
Vol 2 (AAC) No 4 | LIBERIACHINA The born-again Bong mines 20th February 2009 The US$2.68 billion Bong Mines deal hands the Chinese consortium led by Yin Fuyou and China Union a 25-year concession for the formerly German-owned Bong Mines in Bong Country, north-east of...
Vol 2 (AAC) No 4 | CONGO-KINSHASACHINA Twixt Beijing and the IMF 20th February 2009 China's investment and production plans face a crisis as Kinshasa's foreign reserves nosedive Falling demand for copper, cobalt and diamonds offers a stark choice for President Joseph Kabila's government: does it accept the onerous conditions of credits from the International Monetary Fund or does...
Vol 2 (AAC) No 4 | CONGO-KINSHASACHINA Vultures over Kinshasa 20th February 2009 Chinese money is now a key target for United States' FG Hemisphere Associates LLC, which wants to reclaim a debt of US$104 million owed by Congo-Kinshasa. FG Hemisphere is widely...
Vol 2 (AAC) No 4 | NIGERIAINDIASOUTH KOREA What's yours is mine and... 20th February 2009 India's gain may prove to be South Korea's loss as local political shifts hit Nigeria's oil business The Korean National Oil Company may take legal action in response to Nigeria's revoking last month of two lucrative concessions awarded to the company in 2005. KNOC won operating rights to...
Vol 2 (AAC) No 4 | NIGERIACHINA Contract shuffles 20th February 2009 Global financial chaos and falling demand for oil and minerals are prompting recalculations on all sides. The IMF and World Bank have revised down their gross domestic product forecasts...