September 2015

Wednesday 30 September 2015

 

China to Cooperate With Africa On Building Infrastructure Networks PDF Print Email
Wednesday, 30 September 2015 12:36 News

China to Cooperate With Africa On Building Infrastructure Networks

EthTrainADDIS ABABA, Ethiopia, Sept 30, 2015 (Buziness Africa) -- China said that it would work with Africa on the construction of three major infrastructure networks, namely high speed railway, aviation and road highways. Foreign Ministry spokesperson Hong Lei made the remarks when commenting on a Chinese-built rail project in Addis Ababa, Ethiopia, in September, 2015.


 

Zimbabwe: U.S.$10 Billion Needed for Power Plants PDF Print Email
Wednesday, 30 September 2015 12:35 Industry

Zimbabwe: U.S.$10 Billion Needed for Power Plants

By Lloyd Gumbo

HARARE, Zimbabwe, Sept. 30, 2015 (The Herald) -- About 13 Independent Power Producers (IPPs) that were licensed, some of them five years ago, to construct power plants worth about $10 billion, are failing to raise the required capital, Zimbabwe Energy Regulatory Authority (ZERA) chief executive Engineer Gloria Magombo disclosed yesterday.


 

Chinese Technology in Africa PDF Print Email
Wednesday, 30 September 2015 09:32 SciTech

Chinese Technology in Africa

By Alfred Wong

PO, Paris, September 30, 2015 (Institut d’études politiques de Paris) -- Africa is currently experiencing a mobile revolution. Mobile phone subscriptions quintupled from 90 million in 2007 to 475 million in 2013, and is forecast to rise further to 930 million by 2019.[1] Chinese telecommunication companies, specifically Huawei and ZTE, play a significant role in this due to their rapid expansion in the continent. This made Huawei the largest telecoms equipment provider in Africa in 2012, and ZTE the fifth-largest.[2] This essay will explore the business and political causes of China’s telecommunications boom in Africa, as well as the economic, developmental and political consequences.


 

Chinese Technology in Africa PDF Print Email
Wednesday, 30 September 2015 09:30 China Africa Watch

Chinese Technology in Africa

By Alfred Wong

PO, Paris, September 30, 2015 (Institut d’études politiques de Paris) -- Africa is currently experiencing a mobile revolution. Mobile phone subscriptions quintupled from 90 million in 2007 to 475 million in 2013, and is forecast to rise further to 930 million by 2019.[1] Chinese telecommunication companies, specifically Huawei and ZTE, play a significant role in this due to their rapid expansion in the continent. This made Huawei the largest telecoms equipment provider in Africa in 2012, and ZTE the fifth-largest.[2] This essay will explore the business and political causes of China’s telecommunications boom in Africa, as well as the economic, developmental and political consequences.



Tuesday 29 September 2015

 

Ethiopia: Ukrainian Colossal Car Maker Joins the Local Assembly Business PDF Print Email
Tuesday, 29 September 2015 12:33 News

Ethiopia: Ukrainian Colossal Car Maker Joins the Local Assembly Business

By Birhanu Fikade

ADDIS ABABA, Ethiopia, September 29, 2015 (The Reporter) -- Nigma Motors PLC, a joint venture formed with the local Nigma Agro-Industry PLC and the Ukraine-based car maker Zaporiziha Automobile Building Plant (ZAZ) Company, has set up an assembly plant in the capital.



Monday 28 September 2015

 

Africa Looks West Once Again PDF Print Email
Monday, 28 September 2015 12:34 Experts Policy Center

Africa Looks West Once Again

By Alex Vines

LONDON, September 28, 2015 (Chatham House) -- For the first time in more than 15 years, Zimbabwe's 91-year-old president, Robert Mugabe, openly asked for western re-engagement in his 'state of the nation' address in August.



Friday 25 September 2015

 

East Africa Eyes Chinese Infrastructure Devt Funding PDF Print Email
Friday, 25 September 2015 14:31 News

East Africa Eyes Chinese Infrastructure Devt Funding

MapEastaBy Kenneth Agutamba

KIGALI, Rwanda, Sept 25, 2015 (The New Times) -- East African ministers will, next month, head to Beijing for the annual Africa Power and Infrastructure Forum (AIPF) where they are expected to attract more Chinese investors into financing regional projects, including the proposed multi-billion dollar standard gauge railway.



Wednesday 23 September 2015

 

Tanzania: Norway - Reliable Development Partner PDF Print Email
Wednesday, 23 September 2015 14:33 Investment

Tanzania: Norway - Reliable Development Partner

BernardKMembeBy Ashery Mkama

DAR ES SALAAM, Tanzania, Sept 23, 2015 (Tanzania Daily News) -- THE official visit to Tanzania last week of more than 50 Norwegian business leaders led by Minister of Trade and Industry, Ms Monica Maeland, has come at a time when bilateral business ties are witnessing strong momentum.



Friday 18 September 2015

 

Zimbabwe Seeks U.S $1,8 Billion Gap Loan PDF Print Email
Friday, 18 September 2015 14:25 News

Zimbabwe Seeks U.S $1,8 Billion Gap Loan

Mugabeth_1HARARE, Zimbabwe, Sept 18, 2015 (Zimbabwe Independent) -- The Zimbabwean government has an uphill task to raise US$1,8 billion from financial institutions or development partners across the world by year-end as part of efforts to unlock fresh funding from the International Monetary Fund (IMF), World Bank and the African Development Bank (AfDB), businessdigest has learnt.



Thursday 17 September 2015

 

Art Exhibition of Six Ghanaian Artists PDF Print Email
Thursday, 17 September 2015 14:59 Society

Art Exhibition of Six Ghanaian Artists

september_socBy Buziness Africa Correspondent

MOSCOW, Sept 17, 2015, (Buziness Africa) -- On September 16, 2015, His Excellency, Dr. Kodzo K. Alabo, Ghana's Ambassador Extraordinary and Plenipotentiary to the Russian Federation & Commonwealth of Independent States (CIS) opened one-week long decorative art exhibition, a collection of artworks by six famous Ghanaian artists, in Moscow.


 

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