Vol 4 (AAC) No 12 | CONGO-KINSHASASOUTH KOREA Water and copper under the bridge 5th October 2011 South Korean company Samsung C&T has become a collateral victim of the dispute between Belgian company George Forrest International and Congo-Kinshasa’s state mining company, Gécamines. GFI and Gécamines are vying for...
Vol 4 (AAC) No 11 | GHANASOUTH KOREA STX's house is falling down 15th September 2011 The list of problems for the STX housing deal grows longer as plans to fly in thousands of Asian workers divide the project’s backers. STX Group of Korea...
Vol 4 (AAC) No 11 | CONGO-KINSHASASOUTH KOREA Fire sale 15th September 2011 Ahead of national polls scheduled for 28 November, the Kinshasa government has decided to sell off state assets to a Hong Hong-based company for a fraction of their...
Vol 4 (AAC) No 9 | GHANASOUTH KOREA Slow movers 13th July 2011 The opposition and ruling parties grow anxious as the STX housing deal shows no progress on its first anniversary A year after it was first proposed, the US$1.5 billion housing deal between a South Korean company, STX, and the Ghanaian government is no nearer completion. The contract...
Vol 4 (AAC) No 9 | SOUTH KOREAAFRICA The Bulldozer arrives 13th July 2011 South Korean President Lee Myung-bak (aka “Bulldozer”) secured Pyeongchang’s 2018 Winter Olympic bid on his trip to Durban, South Africa, that began 6 July. He then signed deals...
Vol 4 (AAC) No 8 | SOUTH KOREA Park Kwang-kee 9th June 2011 President, Samsung Electronics Africa The world’s largest electronics company has set its sights on the burgeoning African consumer market. At the Samsung Africa Forum, a flashy five-day conference in Nairobi, Kenya, in...
Vol 4 (AAC) No 6 | SOUTH KOREAAFRICA Building relationships 15th April 2011 Energy is at the centre of South Korea’s strategic agenda and the Seoul government wants to improve the country’s position in the African energy market. To that end, Seoul dispatched...
Vol 4 (AAC) No 6 | SOUTH KOREA Kim Sung-hwan 15th April 2011 Minister of Foreign Affairs and Trade, South Korea Seoul’s African diplomacy continues its vigorous new pace. Foreign Minister Kim Sung-hwan completed his second trip of the year to the continent, visiting Gabon, Congo-Kinshasa and Ethiopia on 2-9 April. Kim...
Vol 4 (AAC) No 4 | SOUTH KOREA Chung Joon-yang 28th February 2011 Chairman and Chief Executive Officer, POSCO POSCO, a former parastatal that was privatised in 2000, is the world’s third-largest steelmaker and a key supplier to South Korea’s lucrative shipbuilding and automotive industries. The...
Vol 4 (AAC) No 3 | SOUTH KOREAAFRICA Building without BRICs 30th January 2011 Feeling a little slighted by China’s invitation to South Africa to join the BRIC emerging market group, Seoul wants to trade its way to the top China’s invitation to South Africa – rather than South Korea – to join the developing-country top table group of Brazil, Russia, India and China in December has irritated...