China Africa Watch
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Chinese infrastructure lubricates outflow of Angolan and DRC resources

By John Grobler*

ANGOLA/DRC, April 11, 2014 (Wits China-Africa Reporting Project) -- The Lobito Corridor between Angola and the Democratic Republic of Congo is a game-changer in the new scramble for Africa’s mineral riches. Swiss commodity giant Trafigura, partnering with the politically connected Angolan company Cochan Limited and the mysterious China International Fund, has quietly gained total control of Angola’s railway infrastructure, fuel distribution network and iron ore deposits via a vast global network of off-shore companies registereda, the consortium has built up a vast business empire as the DT Group. It consists of property, fuel, steel-making, shipping and logistics holdings that could have profound economic and political implications for all of south-western Africa.

Read more... Friday, 11 April 2014 16:51
 
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The great China 'takeover' of Africa is greatly exaggerated

MininSasolInvestors from South Korea to Brazil and from India to South Africa are the new kids on the African block. Nor have old investors like the US, UK, France and Australia pulled out.

By Heather Murdoch

ABUJA, Nigeria, March 01, 2014 (The CSM) -- Thatch covers the wooden roof of The Clubhouse in Abuja and the tables are decorated with animal-print cloths. The casual restaurant in Nigeria's capital looks archetypally African, but it is also distinctly Lebanese, serving dishes such as hummus and shish kebabs.

Read more... Saturday, 01 March 2014 17:59
 
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Going east: African migrants head for China

By Eleanor Whitehead

LONDON, February 21, 2014 (ThisIsAfrica) -- After a decade-long push into Africa in search of resources, the Chinese government is still struggling with an image problem - and so are its migrants.

The stories are familiar: in Sierra Leone, African labourers complain that their eastern foremen overwork them; Ghana has deported hundreds of Chinese for illegally mining gold; in Zambia, a series of worker controversies in a Chinese-owned coal mine culminated in the killing of a manager and the seizure of the operations by the government; and across African markets, eastern traders are regarded with suspicion for undercutting locals.

Read more... Friday, 21 February 2014 10:35
 
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China in Africa: Devil or Angel?

By Luo Jianbo and Zhang Xiaomin

CHINA, February 21, 2014 (FOCAC) -- China has never denied that its Africa policy has its own strategic interests. However, one of the most outstanding features of China’s policy is its aspiration to promote South-South cooperation and to achieve the renaissance of Asia and Africa. Unlike the former colonial masters, China’s engagement provides Africa with new development opportunities.

Read more... Friday, 21 February 2014 10:24
 
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Defining New Terms of Engagement in the China – Africa Relations

By Paul Frimpong*

ACCRA, Ghana, February 20, 2014 (GhanaWeb) -- In Africa, exports are booming and export markets have become more diversified. Foreign direct investments have increased by a factor of six over the past decade. Private entrepreneurs have emerged as a dynamic force for change, driving innovation and transforming outdated business models. There is an emergent middle class, although its size is often exaggerated. For the first time in over a generation, the number of people living in poverty have fallen; fewer children are dying before their fifth birthday and more are getting into school.

Read more... Thursday, 20 February 2014 10:36
 
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Boom Town: Kigali’s Chinese investment

Daniel Nzohabonimana

KIGALI, Rwanda, February 15, 2014, (AS) -- Chinese investment in Africa has increased at an unprecedented level during the past two decades. Known as the ‘weapon of mass construction’, China’s footprint in Rwanda is no exception. Still recovering from the devastating 1994 genocide, the country urgently requires infrastructural investment to rebuild what was destroyed, and develop the future. The myth, however, looms larger than the reality.

Read more... Saturday, 15 February 2014 12:42
 


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