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Strategy & Investment II

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A new chapter of China-Africa cooperation unfolds. Chinese investment in Africa rises in first quarter of 2017. Les échanges commerciaux entre la Chine et l’Afrique ont pris un excellent envol au premier trimestre 2017. Les échanges commerciaux entre la Chine et l'Afrique ont progressé de 16,8% pour s'établir à 38,8 milliards $ au premier trimestre 2015, a annoncé ce jeudi, Sun Jiwen, le porte-parole du ministère chinois du Commerce, lors d'une conférence ordinaire tenue à Pékin.

Les échanges commerciaux entre la Chine et l’Afrique ont pris un excellent envol au premier trimestre 2017

C’est la plus importante hausse trimestrielle depuis 2015. D’une part, cette performance a été surtout impulsée par un bond de 46% des importations en provenance d'Afrique, en particulier les importations agricoles qui ont augmenté de 18%. Cependant, les exportations chinoises ont enregistré une baisse plus faible de 1%, par rapport à l'année écoulée, a souligné Sun Jiwen. D’autre part, cette dynamique est surtout portée par les investissements directs non financiers de la Chine sur le continent qui ont également grimpé de 64 % au cours du trimestre. Suez canal becoming vital in Egypt-China cooperation. China-Mauritius Ties, Recent Port Louis symposium explores benefits of OBOR. Belt & Road spurs Africa’s economic growth. Illustration: Liu Rui/GT The China-proposed One Belt and One Road initiative has increasingly been regarded as a name card of China's diplomacy and welcomed by the international community since it was first put forward in 2013.

Belt & Road spurs Africa’s economic growth

More than 100 countries and international organizations are involved in the initiative and over 70 nations along the route have signed cooperative deals with China. Africa, with abundant resources, huge market potential and strong desire for infrastructural construction, has played an active role in the Belt and Road initiative, and has grasped historic development opportunities.

Africa has key role in reviving Silk Road. Beijing - Africa has an important role to play in China’s much-touted One Belt and One Road Initiative, an ambitious plan to revive the old maritime Silk Road, which wields plenty of financial muscle and promises to boost member-countries's growth and economies.

Africa has key role in reviving Silk Road

This is according to deputy director of the department of African Affairs at China's Ministry of Foreign Affairs Bing Dai. He was speaking to journalists from 27 countries in Africa at a press conference in Beijing. The journalists are fellows of the Cape African Press Centre. A customer waits for his tea on the balcony of Ostang Boi Teahouse in Kashgar, a city which had an important position on the ancient Silk Road, through which merchants traded tea and other goods between China, Middle East and Europe. File picture: Zhao Ge/Xinhua Dai said: "Africa is an important participant in the revival of this old maritime route.

China will host the first Summit of the Belt and Road Initiative (BRI) next month. Weekend Argus. Africa: China Becomes Top Job Creator in Africa, Expert Says. Nairobi — China has created close to 30,000 jobs in Africa over the last two years, more than any other country in the world, an expert said on Friday.

Africa: China Becomes Top Job Creator in Africa, Expert Says

"China ranks the 7th in terms of project numbers in Africa, but it created the most jobs, which is unexpected by many people," Jeremy Stevens, economist at Standard Bank Group, told Xinhua on the sidelines of an economic forum in Nairobi. Stevens said most jobs come from China's greenfield investment by private sector. He attributed the job creation to China's investment strategy as well as its willingness to hire local people. "On one hand, Chinese investment in Africa is mainly in labor-intensive industry; on the other hand, most African countries see employment as their top priority, which Chinese companies are willing to cooperate," he explained. "Contrary to the popular belief that Chinese companies only hire Chinese workers, 93 percent of companies report hiring Kenyan employees," according to the paper.

Africa: 200 Chinese and African Companies Identified Investment and Business. Press release More than 200 Chinese and African companies met in Guangzhou, China, on 14 December to explore business and investment partnerships in the agro-processing and light manufacturing sectors.

Africa: 200 Chinese and African Companies Identified Investment and Business

The level of China's investment in Africa is increasing fast. However, China's total investment in African countries remains lower than that of many developed countries. Investments are also largely focused on large projects in a few sectors, including mining, oil and infrastructure. The Business Partnership Event brought together African and Chinese companies looking for joint ventures and foreign investors to scale-up their businesses. La Chine veut que la route de la soie passe par l’Afrique. Economie URL courte Le ministre chinois des Affaires étrangères Wang Yi a invité les pays africains à participer à l'initiative « Une ceinture, une route », apprend-on d'une déclaration publiée sur le site du ministère.

La Chine veut que la route de la soie passe par l’Afrique

Steady increase in Chinese investment in Africa. China Military Power: World's Largest Army to Expand from Asia to Africa. The world's biggest military is about to grow.

China Military Power: World's Largest Army to Expand from Asia to Africa

Beijing announced last week it would increase military spending by about 7 percent, totaling about $147 billion. Beijing also plans to increase its marine corps by 400 percent in a bid to expand the nation's economic and military influence across Asia and into Africa, according to News Corp. Australian Network. With 2,3 million soldiers, Chinese leaders already command the largest standing army on the planet. China steps in to reshape Africa with new railway, Africa News. DJIBOUTI • The 10.24am train out of Djibouti's capital drew some of the biggest names in the Horn of Africa last month.

China steps in to reshape Africa with new railway, Africa News

Serenaded by a chorus of tribal singers, the crush of African leaders, European diplomats and pop icons climbed the stairs of the newly built train station and merrily jostled their way into the pristine, air-conditioned carriages making their inaugural run. "It is indeed a historic moment, a pride for our nations and people," said Mr Hailemariam Desalegn, Prime Minister of Ethiopia, shortly before the train - the first electric, transnational railway in Africa - headed towards Addis Ababa, the Ethiopian capital.

Chinese companies set their eyes on Nigeria. Investissements chinois en Afrique : hausse de 31% pour cette année – L'Actualité du Burkina Faso 24h/24. China’s Belt and Road initiative to be further fleshed out in 2017. President Xi Jinping attended the 8th BRICS Summit in Goa, India, with Brazilian President Michel Temer and Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and South African President Jacob Zuma (from left to right), on October 16,2016.

China’s Belt and Road initiative to be further fleshed out in 2017

Photo: Xinhua China is expected to further promote its Belt and Road initiative next year against the backdrop of rising resentment over globalization and the new Donald Trump administration in the US, as the initiative will be linked with the UN 2030 Agenda for Sustainable Development at a summit hosted by China, experts said. The coming year will see a summit on the Belt and Road initiative and the ninth BRICS summit, which are two major conferences for China's home field diplomacy, Foreign Minister Wang Yi said in an interview with the People's Daily on Thursday. Belt and Road So far, over 100 countries and international organizations have expressed their willingness to support and join the initiative. Global governance. Egypt: China, Egypt Pledge to Conjoin Developing Strategies. China is willing to boost cooperation and step up comprehensive strategic partnership with Egypt, a senior Chinese official said here on Thursday.

Egypt: China, Egypt Pledge to Conjoin Developing Strategies

Wang Jiarui, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC), made the remarks during his meeting with Egyptian President Abdel-Fattah al-Sisi. "China supports Egypt's efforts to achieve stability and development and is willing to implement consensus reached by both countries' leaders," Wang said.

Moreover, Wang called on both sides to conjoin developing strategies, deepen bilateral cooperation in various areas and push forward the comprehensive strategic partnership between the two countries. Wang also introduced to Sisi recent economic and social developments in China and the spirit of the sixth plenary session of the 18th CPC Central Committee. Chinese standards set new model for China-Africa cooperation. China and Egypt boost ties due to West's failures. President Abdel Fattah Al-Sisi will be in China this week for the run-up to the G20 conference in which Egypt was invited as a guest of honour by Chinese president Xi Jinping during his visit here in January. Egypt will also participate in the follow-up conference, the second Investing in Africa Forum held two days after the G20 conference ends.

This is the second visit by Al-Sisi as Egypt has been attempting to position itself as China’s main partner in Africa. China Central Television (CCTV) stated yesterday that 86 Chinese companies have investments totalling more than $1.1bn in the Suez Canal zone. This move comes as China increasingly seeks to develop land and maritime transport routes from China to Europe and to outsource manufacturing jobs to cheap labour destinations. Li Daixin, executive director of Egypt TEDA Investment, an investor in the Suez Canal zone, said: “There are obstacles to operating in many African countries but, for us, Egypt is a priority investment destination. China's New Plan For Africa At A Glance. Building five cultural centres and providing satellite TV reception to 10,000 African villages is part of the plan. Delegates attending the opening session of the CPCC inside the Great Hall of the People Chinese President Xi Jinping, at the Forum on China Africa Cooperation (FOCAC) summit in December last year announced a new era of China’s relations with the continent built on win-win cooperation and common development.

He promised that the relations would henceforth be based on five major pillars of political equality, mutual trust, mutual benefit, cultural exchange and solidarity in international affairs. Over the next three years, China will implement large-scale projects in 10 strategic areas in Africa, including: industrialization, agricultural modernization, infrastructure, financing, green development, trade band investment, poverty reduction, public health and culture. What a borderless Africa could mean for China.

By Innocent Mutanga. With the rise of nativistic sentiments in the west and rising resistance to globalisation, African states – on the other hand – are embracing what globalization has to offer. Ghana’s Kwame Nkrumah’s Pan-Africanist dream seem to be slowly materialising. The current efforts by the African Union (AU) to establish a borderless Africa for Africans and the launching of an AU e-passport to allow Africans to visit African countries visa-free are important milestones. This move has been received with mixed feelings among Africans, but what would this move mean for the celebrated Africa-China relations? How China Is Building the Biggest Commercial-Military Empire in History.

China’s outsized latticework of global infrastructure is said to be rooted in a fierce competitiveness learned from 19th-century America. In the 18th and 19th centuries, the sun famously never set on the British empire. A commanding navy enforced its will, yet all would have been lost if it were not for ports, roads, and railroads. The infrastructure that the British built everywhere they went embedded and enabled their power like bones and veins in a body. Great nations have done this since Rome paved 55,000 miles (89,000 km) of roads and aqueducts in Europe. In the 19th and 20th centuries, Russia and the United States established their own imprint, skewering and taming nearby territories with projects like the Trans-Siberian and the Trans-Continental railways.

Now it’s the turn of the Chinese. China's strategic military goal in Namibia - The Journal of Turkish Weekly. Since January 2015, there has been much talk in the media about China's efforts to establish a military base in Namibia. It is reported that the Namibian ambassador to China held talks with Chinese military officials about construction of a naval base in Port of Walvis Bay. However, Chinese and Namibian authorities had denied this news, as stated and declared by Chinese defense minister on Agence France-Presse in January 2015.

Apart from this media controversy, Namibia is one of many African countries that have close ties with China. Those ties exist at different levels in the political and economic domains, as well as that of military and security. Cameroon-China: Visa Exemption Agreement Signed. The accord was sealed yesterday July 7, 2016 in Yaounde between the Minister of External Relations and the Chinese Ambassador to Cameroon. Cameroonian and Chinese holders of diplomatic or service passports will no longer require visas to enter either country. The agreement to this effect was signed yesterday July 7, 2016 in Yaounde between the Minister of External Relations, Lejeune Mbella Mbella, on behalf of the government of the Republic of Cameroon and the Chinese Ambassador to Cameroon, Wei Wenhua, for the People’s Republic of China. The agreement entails the reciprocal suppression of short-stay visas for nationals of both countries who are holders of diplomatic or service passports.

According to Ambassador Wei Wenhua, the agreement is part of the the implementation of the recommendations of the Chinese Minister of Foreign Affairs during his visit to Cameroon in January 2015. 60 PORTRAITS SINO-AFRICAINS LI XINZHU_CCTV.com française_央视网(cctv.com) Africa suffers as China growth slows. G20 Summit 2016: A Turning Point for Africa; As China Sets 10 Expected Results - {By Fredrick P. What Chinese investment means for African higher education. Continental Shift: How China is Changing Africa. For their new book, Continental Shift: A Journey into Africa’s 21st Century, South African authors Kevin Bloom and Richard Poplak embarked on a 14-country odyssey across two continents over a span of five years to report on Africa’s changing economic, political, and social landscapes. What they discovered along the way was that China’s role had become pivotal in so many of the African countries they visited.

The Chinese presence in Africa, they observed, “is the defining phenomenon of our time.” Shanghai to host China-Africa SMEs Expo. Reliconn, a consulting service based in Shanghai, has teamed up with a multinational organisation that supports small-to-medium enterprises (SMEs), Global Alliance of SMEs to host the China-Africa SMEs Expo in June.

The expo will be held from June 7 to 10 in Shanghai and has support from the Commissioner for Trade and Industry of the African Union and the Shanghai City government. It is seen as an opportunity for African SMEs to trade and partner with their Chinese counterparts and learn from the experience of Chinese SMEs. 中国会展网. China-Africa SMEs Convention. Africa’s Role in China’s One Belt, One Road Global Trade Strategy. China’s lofty ambition to revive its ancient silk road trading routes is now becoming a reality. When complete, One Belt, One Road (OBOR), or the Maritime Silk Road as it is more commonly known, will connect China via rail and shipping links with major markets in the Middle East, Central Asia, and Africa.

Billions of dollars in new rail, shipping, and airport infrastructure are underway in dozens of countries including Egypt, Djibouti, and Kenya, among the small group of African countries that are expected to benefit most from OBOR. While most countries welcome the Chinese investment and inclusion in Beijing’s trading network, there is mounting concern as to whether they actually will be able to pull off such a large, complex undertaking. Furthermore, in some ways, OBOR also is reminiscent of Britain’s old imperial trading network that was designed to extract natural resources from its colonial outposts and then sell back finished goods to these markets. Italy commits to cooperation with AU in advancing Africa's development agenda. ECA Chief Formalizes Partnership With China to Promote Africa's Transformation. China Resumes Diplomatic Relations With Gambia, Shutting Out Taiwan. La Chine sera un partenaire de plus en plus important pour l'Afrique (ANALYSE)

Inside Africa's Role in China's Ambitious 'One Belt, One Road' Initiative. China agrees $2-billion infrastructure deal with Equatorial Guinea. Nigeria, China to Deepen Partnership On Space Science Technology. Mauritius: China Grants Interest-Free Loan of Rs 250 Million to Mauritius. The Top 100 Recommendable Chinese Enterprises for Africa 2013 Selection Announcement. How China is changing Africa. China to work with UNIDO on industrial development in Africa. China Develops Unique Cooperation Model With Africa. China outlines industralisation blue-print for Africa. China's slowdown is good for Africa. China And Africa: Will The Honeymoon Continue? Visualizing Chinese Investment in Africa. Coastweek - The most from the coast. La Chinafrique fait sa révolution. African, Chinese Mayors Meet for Stronger Ties Among Cities. Chinese Investment in Africa Falls by 40%

China to upgrade strategic partnership with Africa. China's President signs 10 investment deals with Zimbabwe. China’s Xi Jinping pledges $60 billion to help Africa solve its problems its own way. Sino-African Entrepreneurs Summit. Chine-Afrique: grand-messe à Marrakech. TALK AFRICA: Chinese Technology in Africa. China's role in Africa is exciting for China, but is it as great for Africa? China: Largest investor in Africa. China clears way for Silk Road into Africa—and it takes the form of key summit with African leaders. 3 ways China’s position in Africa is good news for other foreign investors. China faces opportunity and challenge in West Asia, Africa. China Slowdown Sees Investment In Africa Plummet 84% The Mo Ibrahim Foundation is not answering the question of whether democracy is compatible with economic development in Africa.

Chinese investment in Africa plunges 84% Robert Mugabe, Zimbabwean Dictator, Wins 'China's Nobel Peace Prize' Investissements chinois en Afrique: Le Cameroun dans le top 10. Quand Ebola se retrouve au cœur de la stratégie chinoise en Afrique de l’Ouest. Chinese Company Builds Growing African Presence. La Chine a contribué en quatre années 67% des IDE du Cameroun. China Africa Joint Arbitration Centre Established in Johannesburg. These industries in Africa will suffer the most in a Chinese slowdown. China’s soaring business empire in Nigeria. Sino-African Entrepreneurs Summit.

Africa uneasy as China turmoil threatens investment boom. Marrakech to Host First Chinese-African Business Entrepreneurs Summit. Chinese in Africa: Soap sellers and bridge builders. African Nations Most Vulnerable To China’s Slowdown: Fathom. Chinese Envoy Hails Continent's Progress in Gender Equality.