2,500 Deals Cut in China

China and Africa were scheduled to discuss nearly 2,500 separate deals as the third Sino-Africa summit commenced on Friday in Beijing. East African Business Week / http://allafrica.com

New IPPR Report: The New Sinosphere: China in Africa

Today, a new edited collection of expert essays has been published by the Institute for Public Policy Research entitled The New Sinosphere: China in Africa. It has been written to address the much neglected yet critically important issue of China’s increasing involvement in Africa.
institution, to promote investments between China and African countries. http://www.ippr.org

Africa: Worst Hit By Global Warming, Least Prepared to Tackle Climate Change - Experts

Africa is the continent most affected by global warming, but is the least prepared to tackle the causes of climate change, experts said on Sunday ahead of a major international environment conference. UN Integrated Regional Information Networks / http://allafrica.com

Infrastructure, Investment, Innovation & Institutional Capacity: The Four Big 'I's

Boosting economic growth in Sub-Saharan Africa is dependent, to a large extent, on expanding infrastructure investments, improving the investment climate, harnessing skills for innovation and building institutional capacity World Bank Chronicle / http://allafrica.com

Economic Growth May Fall to 4.8 Percent in Sub-Saharan Africa

Economic growth in Sub-Saharan Africa (SSA) is expected to decline slightly from 5.6 percent in 2005 to 4.8 percent in 2006, according to a report released by the International Monetary Fund (IMF) today. BuaNews / http://allafrica.com

New UN chief not to ignore Africa

South Korea's Foreign Minister Ban Ki-moon tells the BBC that Africa will stay high on the agenda when he becomes UN boss. bbc.co.uk

Oil Output Set to Boost African Economy

Sub-Saharan Africa's economy is set to receive a boost following estimates of a sharp increase in the growth of output from oil-exporting countries. BuaNews / http://allafrica.com

First Korea-Africa Forum Opened

The First Korea-Africa Forum opened in Seoul, Korea yesterday. The summit, seeks to bring African countries and Korea closer together for cooperation and promotion of business and trade. Korea has thus increased her aid to Africa threefold to about US$100 million. Accra Mail / http://allafrica.com

East Africa: One Stock Exchange by 2008

East African stock markets are finalising plans to create a common bourse, the East African Stock Exchange by the year 2008. The Monitor / http://allafrica.com

SA slips down least corrupt ranking

South Africa has slipped down the rankings of the least corrupt countries, as compiled by Transparency International, falling to 51st position, well below top-scorer Finland and Africa's least corrupt country, Botswana. iafrica.com

Angola: Diamond Production in 2005 Reaches $892.7 Million

The production of diamond reached the equivalent to USD 892.7 million, in 2005, becoming the second source of export revenues with about six percent of the total, shows the report "Economic Perspectives of Africa 2005/2006", presented this Wednesday in Luanda to Government officials and members of the diplomatic body accredited in Angola. Angola Press Agency / http://allafrica.com

ESA Countries to Team Up in Trade Negotiation With EC

At the ninth regional negotiation forum of the Eastern and Southern Africa countries (ESA), member countries were urged to determine a strategy for negotiation with European commission in order to get more benefits from the European Partnership Agreement (EPA). The Reporter / http://allafrica.com

Rwanda: U.S. Approves Country for MCA Funding

The United States has put Rwanda on the list of Threshold Countries to benefit from the Millenium Challenge Account (MCA), The New Times has reliably established. A source in the United States of America disclosed last night that Rwanda's approval to feature among priority countries was endorsed yesterday in the MCA board meeting held in Washington, DC. The New Times / http://allafrica.com

Rwanda: U.S. - Rwanda Trade Gets Boost

The United States and Rwanda are to develop and diversify trade between the two countries through the US-Rwanda Trade and Investment Council. The deal was on October 31, sealed by the Minister of Commerce, Industry, Investment Promotion, Tourism and Cooperatives, Protais Mitali, and the Deputy US Trade Representative, Karan Bhatia. The New Times / http://allafrica.com

Ghana: Vice President Mahama Urges Private Sector to Promote the Arts

The Vice President, Alhaji Aliu Mahama, has appealed to the private sector to play a more visible role in promoting the arts in the country. Accra Mail / http://allafrica.com

West Africa: First Phase of Exploration in Ghana Ends

Randgold Resources posted a profit from mining of US$30.7 million for the September quarter, taking its total for the nine months to date to US$99.4 million - up 90% on the corresponding period in 2005 thanks to the contribution from its new Loulo mine and the higher gold price. Ghanaian Chronicle / http://allafrica.com

Siyanda awarded Sasol deal

Sasol and the state-owned Central Energy Fund (CEF) have selected Siyanda Biodiesel Ltd as their BEE partner in a proposed 100 000 tons per year soya bean based biodiesel production plant in South Africa. iafrica.com

Kenya: BOC Gases Posts $4 Millioin Profit As Regional Growth Slows Down

The Kenyan arm of regional gases supplier BOC Gases has recorded a 15 per cent increase in operating profit, even as operations in Tanzania and Uganda reported slower-than-expected growth due to ongoing power cuts. The East African / http://allafrica.com

East Africa: SA Firm Nails Down East Africa Rail

SA's Sheltam Trade has taken 25-year control of the Kenya-Uganda railways, following a concession agreement between the company and the two east African governments. Business Day / http://allafrica.com

Oppenheimer's sell Anglo chunk

The Oppenheimer family has sold 33 percent of its stake in Anglo American — netting the family some R5-billion, but it retains two percent in Anglo, worth $1.6-billion. iafrica.com