Vol 1 (AAC) No 1 | NIGERIAASIA New order, new deals 23rd October 2008 Asian companies face new rules and new relationships in Africa’s most prolific but politically complex oil producer Reforms in Nigeria’s oil sector, promised by Minister of State for Oil Odein Ajumogobia, will mean that some of the multibillion dollar deals with Asian companies will be reviewed...
Vol 1 (AAC) No 1 | SUDANASIA Shifting sands 23rd October 2008 Khartoum’s côterie of Asian investors worry about a return to the North-South war China is trying to strengthen its diplomatic and commercial relations with Sudan despite the international opprobrium that those relations have attracted. Meanwhile, Khartoum’s ruling National Congress (NC, aka National Islamic Front) is...
Vol 1 (AAC) No 1 | AFRICAASIA Charting Africa's Chinese future 23rd October 2008 by Chris Alden The extravagance on show at the China-Africa Summit in Beijing last November marked the beginning of a consolidation of ties between the two regions. Chinese and African leaders celebrated their...
Vol 48 No 11 | AFRICAASIA Year of the Pig - the new scramble for Africa 25th May 2007 Deputy Governor of the People's Bank of China Xiang Junbo explained that this is the Year of the Pig in the Chinese calendar, a symbol of fortune and good luck. For many of the 2,000 African delegates in Shanghai who heard him, that is starting to ring true. The revelation by African Development Bank President Donald Kaberuka that the China Exim Bank, the country's official export credit agency, has agreed to finance projects worth some US$20...
Vol 48 No 11 | AFRICAASIA The Western response 25th May 2007 Ostensibly, Western finance officials welcomed Asia's developing ties with Africa at the African Development Bank meeting in Shanghai. Norway's Secretary of State for International Development, Anne F. Stenhammer,...