africa [10]

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Benin: Let?s open ourselves to China.

Thu, 23 Aug 2007 18:26:53 +0000 | Global Voices Online - China

China ’s new focus on investing in Africa has been well documented. However, Eloi Goutchili thinks that Africa should also embrace the Chinese influence on culture (Fr). Goutchili advocates the practical application of Senghor’s theory: the need for Africa to open itself to the whole world and not only the western world.


Why China Is Trying To Colonize Africa

Fri, 31 Aug 2007 07:26:34 +0000 | China View

By David Blair, Telegraph, UK, 31/08/2007- No one alive at the close of the 19th century could have missed the “scramble for Africa”. A motley collection of robber barons, imperialist ideologues, explorers, rogues and adventurers - the likes of Cecil Rhodes and the appalling Leopold II, King of the Belgians - carved up the continent in [...]


China to lend Congo $5 billion in latest Africa foray (Reuters)

Tue, 18 Sep 2007 19:40:41 GMT | Yahoo! News

Reuters - China plans to lend the Democratic Republic of Congo $5 billion to modernize its decrepit infrastructure and rich but deteriorated mining sector in another huge Chinese investment foray in Africa.



China Invests In Africa Irresponsibly, says Geldof

Thu, 04 Oct 2007 07:08:36 +0000 | China View

Reuters, Tue 2 Oct 2007- HELSINKI (Reuters) - China is behaving irresponsibly in its trade relations with Africa and should better adhere to international standards, rights activist and Irish rocker Bob Geldof said on Tuesday. The anti-poverty campaigner told a corporate aid event in Finland China’s philosophy was mercantilist — based entirely on money without regard for [...]


NEW POWER IN AFRICA; Chinese Entrepreneurs in Africa Flourish Where Others Faltered

| New York Times

Hundreds of thousands of Chinese migrants are doing business on a continent that until five years or so ago had been terra incognita.


ICBC in $5.56bn S Africa bank deal

| Findory News China

Financial Times: China issued a dramatic signal of expanding African ambitions with news that Industrial and Commercial Bank of China is to buy a 20 per cent stake in South Africa's Standard Bank


China ICBC to pay $5.5 bln for stake in SAfrican bank (AFP)

Thu, 25 Oct 2007 12:42:59 GMT | Yahoo! News

A pedestrian walks past a branch of the Industrial and Commercial Bank of China in Hong Kong in June 2007. The ICBC has said it has agreed to pay about 5.5 billion dollars for a 20 percent stake in South Africa's Standard Bank in one of the largest Chinese acquisitions ever.(AFP/File/Philippe Lopez)AFP - The Industrial and Commercial Bank of China said Thursday it would pay 5.5 billion dollars for 20 percent in South Africa's Standard Bank, in the largest Chinese acquisition in the financial field ever.



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