Vol 2 (AAC) No 6 | CHINAAFRICA Where confidence is currency 16th April 2009 Although China's exports have fallen by more than a quarter from last year's levels, the Export-Import Bank of China is busier than ever financing trade with Africa, Latin America and...
Vol 2 (AAC) No 5 | CHINAAFRICA The sun also rises 27th March 2009 China's plummeting exports are worse than many economists had expected but the country's slowdown does not necessarily spell doom for Africa Africa and China escaped the worst direct effects of the global slowdown last year, Africa because its banks were not integrated into international credit markets, and China because its banks were...
Vol 2 (AAC) No 5 | JAPANAFRICA Missing the target 27th March 2009 Economic and political troubles at home mean that Japan is having difficulty following through on its pledges to Africa The man who was Japanese Prime Minister in 2007-08, Yasuo Fukuda, was in Botswana on 21-22 March for the follow-up meeting of the Tokyo International Conference on African...
Vol 2 (AAC) No 5 | JAPANAFRICA A 'challenge and a big stress' 27th March 2009 Before China, there was Japan, say Kenyans. The Japanese aid model is built largely around supplying technical expertise rather than direct budget support. Japanese experts in agriculture, energy and education are...
Vol 2 (AAC) No 5 | SOUTH KOREAAFRICA Seoul's safety in numbers 27th March 2009 On top of the Madagascar saga, South Korea's loss of oil acreage in Nigeria in February is the biggest of several setbacks for Korean companies in Africa in recent months (AAC...
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 | CONGO-BRAZZAVILLEAFRICAASIA Banking on secrecy 27th March 2009 Finance ministers will come under heavy pressure at the G-20 meeting on 2 April in London to crack down on tax havens and the banking secrecy regimes that...
Vol 2 (AAC) No 5 | AFRICA Shantayanan Devarajan 27th March 2009 Chief Economist, Africa Region, World Bank The effects of the global slowdown on African economies have been generally overlooked. The World Bank has responded with its advocacy of more regional integration and infrastructure development, and a proposal...
Vol 2 (AAC) No 4 | CHINAAFRICABRIEFING Beijing news network 20th February 2009 Beijing is investing 45 billion yuan (US$6.6 bn.) in expanding its Xinhua News Agency and launching a 24-hour English language television news station. The plans envisage more cooperation with African media...
Vol 2 (AAC) No 3 | CHINAAFRICA Another new world order 30th January 2009 Beijing's trade and investment in Africa will continue to grow despite a few credit-crunch casualties Like every other major economy, China is reassessing its priorities, and worrying about unemployment and falling market demand. Beijing's policymakers will therefore concentrate more on domestic economic growth...