Vol 3 (AAC) No 7 | SOUTH AFRICAJAPAN Slow to let go of Hitachi 20th May 2010 Faced with popular outcry about profiteering from electricity shortages and opaque ties between political parties and businesses, South Africa’s governing African National Congre...
Vol 3 (AAC) No 7 | VIETNAM Nguyen Minh Triet 20th May 2010 President of Vietnam On his April trip to North Africa, Vietnamese President Nguyen Minh Triet ramped up interest in the second Vietnam-Africa forum, set for August 2010. In Algeria and Tunisia, his me...
Vol 3 (AAC) No 7 | INDIA Ajai Chowdhry 20th May 2010 Chairman, HCL Infosystems Lessons from India’s rise can be fruitfully applied to Africa – another group of a billion or so people: this was the message Ajai Chowdhry brought to Tanzania. Chowdhry co-chaired...
Vol 3 (AAC) No 7 | TAIWAN Mike Hung 20th May 2010 Chairman, Taiwan-Africa Industrial Development Association Taiwan’s entrepreneurs are loath to let geopolitical concerns stand in the way of a good deal. In the 1980s, while the governments of Taipei and Beijing continued to clash over Tai...
Vol 3 (AAC) No 6 | CHINAAFRICA CADF expands Africa network 22nd April 2010 The state investment fund is launching Chinese companies into overseas markets where they pick up assets abandoned by Western and African companies The China-Africa Development Fund’s expansion plans moved a step forward with the opening of a new branch in Addis Ababa, Ethiopia, on 30 March. The office will pursue greater co...
Vol 3 (AAC) No 6 | CHINAAFRICA CADF in Africa: Deals from 2007-2008 22nd April 2010 The first cooperation agreement signed by the China-Africa Development Fund was with the Tianjin North China Geological Exploration Bureau, a state-run mining enterprise, in Decemb...
Vol 3 (AAC) No 6 | CHINAAFRICA CADF in Africa: Deals from 2009-2010 22nd April 2010 April 2009: the China-Africa Development Fund and YTO Group announced a joint venture – the China-Africa Machinery Corporation – to manufacture agricultural and construction equ...
Vol 3 (AAC) No 6 | INDIAAFRICA Wanted: special partners 22nd April 2010 Delhi offers cooperation, capacity building and, of course, cash in the unspoken competition with China for African hearts, minds and resources India plans to increase its annual trade with Africa to US$70 billion – up from current levels of $45 bn. – over the next five years. That is an exponential increase from the $5.2 ...
Vol 3 (AAC) No 6 | INDIAAFRICA For Punjabi farmers, an African frontier 22nd April 2010 African missions from Ethiopia, Mozambique, Tanzania, Uganda and Zimbabwe were invited to a conference in Patiala in Punjab on 26-27 March with farmers from all over the region to ...
Vol 3 (AAC) No 6 | CONGO-KINSHASACHINASOUTH KOREA More multibillion mining contracts for Kinshasa 22nd April 2010 President Kabila’s trip to Seoul yields another multibillion-dollar mining deal just as a midway review of China’s US$6 bn. contract is completed Five years after his first official visit, President Joseph Kabila returned to South Korea on 29-30 March. Two protocols were agreed. The first accord seeks to replicate China’s U...