South African Banks Urged to Adopt Renminbi, the Chinese Currency
VENTURES AFRICA — May 7, 2013 — South Africa banks have been urged to adapt the Chinese currency (the renminbi) as the currency will become a prominent factor in doing business. According to a survey by an international bank HSBC,…
Ethiopia Courts BRICS for Rail Projects to Spur Economic Growth
By William Davison May 1, 2013 Ethiopia is negotiating with Brazil, Russia and India to finance and build rail links after agreeing terms last year with Chinese and Turkish companies for other routes, the head of the state rail company…
Africa’s Economic Boom: Five Countries to Watch
By C. Matthew Hawkins April 12, 2013 South Africa, Nigeria, Angola, Ghana, and Ethiopia all have economies that are growing at a brisk pace. But their future depends on how they invest that money, writes Matthew Hawkins. As competition for…
Chinese President Calls for Greater Cooperation with Ethiopia
Photo: Hailemariam Desalegn and Chinese President Xi Addis Ababa, March 30, 2013(WIC) – Chinese President Xi Jinping said that his country is ready to boost cooperation with Ethiopia. Xi made the remarks yesterday during meetings with Ethiopian Prime Minister Hailemariam…
BRICS To Establish Bank To Rival IMF, World Bank
By Bukola Idowu Brazil, Russia, India, China and South Africa known as BRICS are set to approve the establishment of a developmental bank that will rival the World Bank and the International Monetary Fund (IMF) at their annual summit which…
BRICS and Africa
Photo: David H. Shinn BRICS and Africa Next Generation of African Security Leaders Africa Center for Strategic Studies National Defense University Fort McNair Washington, D.C. 19 March 2013 Remarks by David H. Shinn Adjunct Professor, Elliott School of International Affairs…
The Role of Public Sentiment and Social Media in the Evolving China–Africa Relationship
The South African Institute of International Affairs (SAIIA) published in January 2013 an analysis titled “The Role of Public Sentiment and Social Media in the Evolving China-Africa Relationship” by Yu-Shan Wu, an assistant researcher at SAIIA. The title is misleading…
The China Monitor: A Special Report on BRICS 2013 – Is the Road from Durban Leading into Africa?
In the run-up to the 5th BRICS Summit from 26 to 27 March 2013 in Durban, South Africa, the Centre for Chinese Studies at Stellenbosch University published in March a special edition of The China Monitor that looks at all…
African Heads of States Pay Tribute to Meles Zenawi, the Late Prime Minister of Ethiopia (Video)
The presidents of South Sudan, South Africa, Rwanda; chairman of African Union, and former president of South Africa, president of Uganda, and president of Nigeria pay tribute to Meles Zenawi, the late Prime Minister of Ethiopia.
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