Vol 2 (AAC) No 6 | LIBERIACHINA Deal or no deal 16th April 2009 The Minerals Development Agreement between China Union and the Liberian government, which Africa-Asia Confidential has seen, offers China Union royalty payments and tax exemption...
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 wor...
Vol 2 (AAC) No 6 | CONGO-KINSHASACHINA Debt, markets and Beijing 16th April 2009 All three sides - the IMF, Kinshasa and Beijing - say there is little room for compromise on this month's debt relief talks Kinshasa's negotiators are preparing for more talks with the International Monetary Fund's debt experts at the Fund and World Bank's spring meetings in Washington on 25-26 April....
Vol 2 (AAC) No 6 | CONGO-KINSHASACHINA Big numbers on Congo's telecoms projects 16th April 2009 China's Huawei and China International Telecommunication Construction Corporation are working on two information technology projects for Congo-Kinshasa's Ministère des Pos...
Vol 2 (AAC) No 6 | CHINAAFRICA Where confidence is currency 16th April 2009 Although China's exports have fallen by more than a quarter from last year's levels, the Export-Import Bank of China is busier than ever financing trade with Africa, Latin Americ...
Vol 2 (AAC) No 6 | CHINA Wu Zexian 16th April 2009 China's Ambassador to Congo-Kinshasa The posting of Wu Zexian, one of Beijing's most experienced Francophone diplomats, to Kinshasa in March 2007 shows the seriousness of China's Africa strategy. Initially, it looke...
Vol 2 (AAC) No 5 | CHINAAFRICA The sun also rises 27th March 2009 China's plummeting exports are worse than many economists had expected but the country's slowdown does not necessarily spell doom for Africa Africa and China escaped the worst direct effects of the global slowdown last year, Africa because its banks were not integrated into international credit markets, and China beca...
Vol 2 (AAC) No 5 | SUDANCHINA Business is politics 27th March 2009 The ICC's issuing of the arrest warrant for the Sudanese President exposes the contradictions in China's 'business is business' policy The arrest warrant for Sudanese President Omer Hassan Ahmed el Beshir issued by the International Criminal Court on 4 March comprehensively overshadowed the golden jubilee of Chin...
Vol 2 (AAC) No 5 | CHINAIRELANDAFRICA When Irish eyes are smiling 27th March 2009 Ireland's Tullow, which has quickly outgrown out its minnow status, enters April stronger, having raised US$2 billion in debt financing and energetically dismissing speculation th...