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Africa

 

news by category: Africa

Found 882 articles.

Displaying 591-600 out of 882 results.

Beijing debates world's biggest aid fund

Chinese officials are discussing ways to use some of their country's $2.1 trillion in foreign reserves to finance what could be the world's biggest development aid programme, as Western economies are...


The rice and the rot

Opposition politicians in Delhi are pressing Prime Minister Manmohan Singh's Congress Party government for a full investigation into allegations of corrupt deals worth 25 billion rupees (US$520 million) in rice exports...


Mittal's meltdown

Hobbled by the global business downturn and billions of dollars in debt, Mittal's plans to turn West Africa into its iron-ore hub are on hold

The world's biggest steelmaker, ArcelorMittal, is cutting back sharply on its operations in West Africa, which were part of a plan to provide about two-thirds of the company's iron ore....


Tokyo's new loans for Africa

Japan is to add another US$4 billion in new concessional loans to Africa over the next five years, outpacing the spending of the China-Africa Development Fund, according to Koji Yonetani, the...


Minerals meltdown

China is taking advantage of the global economic crisis to restructure its mining industry. A 4 trillion renminbi (US$586 billion) stimulus plan, announced late last year, encompasses sector-specific reform measures put...


Leaky dam builders

While China's leading dam-builder Sinohydro was busy dealing with complaints from Western non-governmental organisations about its refusal to engage with local populations, an East African NGO shut down one of Sinohydro's...


ICBC's toe in African waters

The October 2007 merger between the Industrial and Commercial Bank of China, the world's largest bank, and Standard Bank, South Africa's largest, is finally showing its potential. After a lacklustre start,...


The battle for the Indian Ocean

Competition for strategic advantage in the world’s most important shipping lanes draws Africa and Asia into a regional stand-off

For the next few decades, the Indian Ocean will be the setting for competition between three great powers: the United States adjusting to an increasingly multipolar world, and the rising military...


Washington adjusts to the Chinindia factor

China sees India more as a stumbling block than a competitor for its ambitions in Asia. Professor Han Hua, a South Asia specialist at Beijing University, said that China lacks...


Displaying 591-600 out of 882 results.