Vol 2 (AAC) No 9 | GHANASOUTH AFRICAINDIA MTN, militants and share claims 31st July 2009 A tangled web of financial holdings stretching from South Africa to Ghana and Lebanon could delay plans for a US$20 billion merger of India's Bharti Airtel and South Africa's Mobile Telephone...
Vol 2 (AAC) No 8 | INDIA R.S. Sharma 26th June 2009 Chairman and Managing Director, Oil and Natural Gas Corporation, India R.S. Sharma has the top job at India's Oil and Natural Gas Corporation (ONGC), a state-owned company with a growing global agenda. Market capitalisation makes ONGC India's second-largest company, trailing Reliance...
Vol 2 (AAC) No 7 | ZAMBIACHINAINDIA A shake-out after the crash 22nd May 2009 China and India want to snap up assets as metal markets hit the floor and the mining houses sack workers Western mining houses are pulling out of Zambia due to the copper price slump, leaving Chinese and Indian investors to battle over the abandoned assets. As the copper price crashed...
Vol 2 (AAC) No 7 | SOUTH AFRICAINDIA Friends in the right places 22nd May 2009 Just before President Jacob Zuma's inauguration on 9 May, India's state-owned National Mineral Development Corporation (NMDC) signed a commercial cooperation agreement with the Congress of South African Trade Unions' (Cosatu)...
Vol 2 (AAC) No 6 | NIGERIACHINAINDIASOUTH KOREA From win-win to lose-lose 16th April 2009 Asia's barter deals for Nigerian oil were politically charged and have been economically disastrous Almost all Nigeria's countertrade deals with Asia have been abandoned after investigations by President Umaru Musa Yar'Adua's officials into their viability.
Vol 2 (AAC) No 6 | NIGERIACHINAINDIASOUTH KOREA Abuja's Asian connections 16th April 2009 South Korea: Nigeria is South Korea's third largest trading partner and the largest market in Africa for Korean construction companies. In January 2006, Korean companies were working on 60 projects valued...
Vol 2 (AAC) No 6 | MOZAMBIQUEINDIAJAPAN Old King Coal 16th April 2009 Japanese and Indian interest in Mozambican coal is growing and export prices are rising again. In a deal in March between the BHP Billiton Mitsubishi Alliance and Japan's Nippon Steel with...
Vol 2 (AAC) No 6 | INDIA Pradeep Kumar Chaudhery 16th April 2009 Additional Secretary, Commerce and Industry Ministry, India After the India-Africa summit in April 2008 set out Delhi's new policies for the continent, Pradeep Kumar Chaudhery was given a leading role in the strategy with his appointment as Additional...
Vol 2 (AAC) No 5 | MADAGASCARINDIASOUTH KOREA A target of the revolution 27th March 2009 After the Madagascar imbroglio, South Korean and Indian companies are trying new tactics Almost as soon as he seized power on 18 March, putchiste President Andry Rajoelina cancelled a proposed contract to lease over a million hectares of land to South Korea's Daewoo...
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...