Strategy & Trade Focus
Chinese Trade with Africa Hits Record High | Africa and Asia: The Key Issues China’s enduring importance for Africa was strengthened again in 2013, when trade between the globe’s most populous country and its poorest continent soared to a record total of $200 billion. That included a 44 percent spurt in Chinese direct investment in Africa. U.S. trade with Africa, but only in goods, not services, totaled $85 billion in 2013.
Chinese businessmen to invest $300 billion in Nigeria - Vanguard News By Vera Samuel Anyagafu and Prisca Sam-Duru Over twenty investors from the Republic of China who are on a business tour in the country have indicated their readiness to invest about $300 billion to boost Nigeria’s economy. The investors, who held a business forum on Wednesday with the Ogun State Governor, Senator Ibukunle Amosun in his office in Abeokuta, were led by the Chief Executive Officer (CEO) Shangai Engineering Works Nig. Ltd and Blue Diamond Investments, Mr.
In the final quarter of 2013, Tanzania signed contracts worth US$1.7 billion with Chinese companies to construct power plants and housing units in the east African country. This marks China’s growing economic presence in Tanzania, which has made big discoveries of natural gas off its southern coast. In October 2013 the Tanzanian government signed seven agreements with six Chinese companies, in different sectors. Among these is a US$692.7 million contract awarded to Tebian Electric Apparatus Stock Co, China’s largest manufacturer of high-voltage transformers, for the construction of a 400 kV power transmission line. China eyes Tanzania’s gas resources, offers energy and other deals | ESI-Africa.com
State group Sinopec aims to invest US$20 billion in Africa December 12th, 2013 News The state-held China Petroleum & Chemical Corporation (Sinopec) group plans to invest US$20 billion in Africa in the next five years, specifically in Angola, the China Daily newspaper reported in its Tuesday edition.
Nigeria, China trade volume hits $6.2bn in six months - Vanguard News By Naomi Uzor The Project Manager, Brightway International Exhibition Ltd, Mr. David Zhao, has said that the trade volume between Nigeria and China has increased by 18.6 percent with a total of 6.2 billion dollars in the first half of 2013 as against the 4.5 billion dollars in the corresponding period of 2012. Zhao, who is coordinating companies for the Chinese exhibitors at the ongoing Lagos International Trade Fair, disclosed this to newsmen in Lagos. He said that Nigeria is China’s second largest export market, in the world.
La Chine est devenue le plus grand partenaire commercial de l’Afrique. L'investissement direct vers les pays africains a atteint 1,44 milliards de dollars en 2009 et la présence chinoise, économique et humaine, sur le continent africain est en constante augmentation. Découvrez, grâce à notre carte interactive, où se concentrent ces investissements et dans quels secteurs. La Chine est devenue le plus grand partenaire commercial de l’Afrique. L'investissement direct vers les pays africains a atteint 1,44 milliards de dollars en 2009 et la présence chinoise, économique et humaine, sur le continent africain est en constante augmentation. Découvrez, grâce à notre carte interactive, où se concentrent ces investissements et dans quels secteurs. Les Chinois en Afrique - Carte interactive
This guest post is by Yuan Li, a master's degree student at Johns Hopkins University/School of Advanced International Studies. It is based on interviews she conducted in Johannesburg, South Africa, in January 2013. China-Africa Development Fund in South Africa The China-Africa Development Fund (CADFund) is a private equity fund established in June 2007. It was initiated by President Hu Jintao at the Beijing Summit of the Forum on China-Africa Cooperation, as one of the measures to forge a “new type of China-Africa strategic partnership, strengthening bilateral cooperation in more areas and at a higher level” (CAD-Fund, China Development Bank) and to encourage and support Chinese enterprises to invest in Africa. According to its promotional materials: Guest Post: China-Africa Development Fund in South Africa
This video is currently unavailable. Sorry, this video is not available on this device. by $author ▶ La chine en Afrique, la sorcellerie sur le continent africain et le succès nigérien Nollywood
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La Chine va lancer deux fonds dotés de 2 milliards $ pour l’émergence industrielle de l’Afrique | Finance et Afrique La Chine va lancer deux fonds dotés de 2 milliards $ pour l’émergence industrielle de l’Afrique LA chine toujours sur le pied de guerre pour se développer en Afrique 2 nouveaux fonds d’investissements sponsorisés par China-Africa Development Fund (CAD Fund) et China-Africa Business Council (CABC) seront bientôt opérationnels pour fournir des capitaux aux entreprises chinoises qui s’investissent en Afrique dans les activités commerciales, industrielles et le secteur minier, selon Venture Africa.
Chinese State-Owned Enterprises in Africa: Myths and Realities In today’s environment the label “State-Owned Enterprise (SOE)” hardly conjures up a positive image for most of us. Since the 1980s and in many countries, SOEs have been seen as inefficient, unprofitable dinosaurs that stifle competition, misallocate resources, and act as a drag on economic growth. Numerous governments have eliminated them through mass privatisation.
By Li Hongmei South Africa has always been the first stop for Chinese enterprises intending to enter Africa, and more manufacturing enterprises should direct their investments to Africa following the adjustment of China's industry structure. China's producer price index fell 2.9% in May from a year earlier, sliding for the 15th straight month. The number points to worsening overcapacity problems in the industries that form the engine of China's economy, making it more difficult for local manufacturers to earn profit, repay their debts and complete timely payments to suppliers, the report said. China's various markets have been saturated, especially for the manufacturing industry. Chinese manufacturers channel investments into Africa
Chinese Investments in Special Economic Zones in Africa: Progress, Challenges and Lessons Learned - Africa_China_SEZs_Final.pdf
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China-Africa Trade Volume Outgrowing US-Africa Trade Volume From Quartz China’s economic relationship with Africa is growing at a breakneck pace. In 2012, the volume of trade—imports plus exports—reached $198.5 billion. Standard Chartered analyst Sarah Baynton-Glen estimates that trade volume could amount to $385 billion by 2015—nearly double its current level—if it continues to grow on its current trend. By comparison, trade between the US and Africa amounted to $108.9 billion in 2012.
Africa Investment-China brings goods and roads, now Africa wants jobs | Dilemma X
China plans multimillion Ethiopia investment
CHINESE INVESTORS ARE EYEING ON AFRICA
The China-Africa Convergence: Can America Catch Up? | AfricaPlus
Rwanda: China Grants Kigali Tax Free Access
منطقة استثمار صينية في مصر تستهدف جذب ملياري دولار
Nigeria signs MoU with China on skills, technology transfer
Investment in Ethiopia, Chinese companies are amongst the major investors in Ethiopia
China’s investments in Algeria: More than $1.5 billion in one decade| glObserver Global Economics
La Chine renouvelle son soutien à l'Afrique
ETHIOPIE : L'ATELIER DE LA CHINE.
Main basse sur l'Afrique
Quelles villes africaines ont le plus fort potentiel de croissance pour les 5 prochaines années ?
For Affluent Chinese, Africa’s Growing Appeal - China Real Time Report
New Chinese President Xi aims to paint Africa red — RT Op-Edge
600yp coin proves China, Africa trade links - Story - Environment/Sci
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Afrique, l'ambition chinoise
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China Daily newspaper prints first Africa edition
Chinese investment in Nigeria reaches $10bn
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Chinese minerals trading house sets up in Joburg
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China is biggest foreign investor in Angola in 1st semester
China Announces New $20bn Loan For Africa
China to deepen service sector cooperation with Africa
China brings jobs to Ethiopia but at what cost?
6 millions d’emplois à transférer de la Chine vers l’Afrique
Début des délocalisations massives de la Chine vers l’Afrique
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China investing in Africa - part 1