Vol 3 (AAC) No 2 |
- GHANA
- CHINA
Although Chinese companies have not yet bid for Kosmos's 30%
stake in Ghana's Jubilee field, the China Development Bank has
bought Beijing's companies a great deal of capital. Th...
After winning back its oil acreage, South Korea offers pipelines, a power station and negotiations with its commercial rivals
After winning a court battle over the Nigerian government's
attempt to cancel its oil production licences, South Korea's
Korea National Oil Corporation is offering to finance bil...
Vol 3 (AAC) No 2 |
- NIGERIA
- SOUTH KOREA
South Korea's state-run Land and Housing Corporation is offering
investments and technical cooperation in the oil-rich Niger Delta,
a move that might help the ambitions of Seoul'...
A corruption case in Geneva snares some of Nigeria’s political elite, and judges order the return of stolen state assets
The conviction in a Swiss Court on 19 November of Abba Abacha, son of former military leader General Sani Abacha, for participating in a criminal organisation together with the con...
General Sani Abacha is reckoned to have stolen over US$3 billion of Nigeria's public assets, of which at least $1 bn. and 900 million Deutsche Marks were deposited in Swiss banks.
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The latest illness of President Umaru Musa Yar’Adua adds urgency to calls for far-reaching electoral and political reforms ahead of national elections due by early 2011. Despite mounting calls for Yar’Adua to step down on health grounds after he was spirited off to Saudi Arabia for treatment of acute pericarditis, his cabinet ministers insist he must remain in charge. Meanwhile, activists and opposition politicians are reorganising to challenge the incumbent People’s Democratic Party’s overwhelming grip on power.
With national elections due by early 2011. The financial stakes are huge - control of some US$100 billion of annual oil and gas revenue. The last elections in 2007 plumbed new dept...
No politician in Nigeria evokes reactions as intense and sharply divided as General Muhammadu Buhari. Many people think him incorruptible and a disciplinarian and accuse him of rel...
On 24 November, the Mega Summit Movement (MSM) disclosed plans to launch a Mega Party in 2010. Its three component groups had hitherto looked more like siblings squabbling over a t...
Interpol is investigating the fate of a Boeing jet carrying some 10 tonnes of cocaine which landed in Mali on 2 November and may have been deliberately destroyed. The Boeing had ta...
Vol 3 (AAC) No 1 |
- GUINEA
- CHINA
Conakry begins stripping foreign companies of mining and oil assets for its Chinese partners as those partners turn towards Zimbabwe
While some were left asking if the US$7 billion deal signed by the China International Fund and its sister company China Sonangol International in early October had actually been a...