Africa-Asia Incubator

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Comment by Eyembe Elango 18 hours ago

Indian investors undertaking $4.6b project in Ethiopia
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Comment by Eyembe Elango on March 18, 2010 at 9:29am

Big Asian investment in Africa

Comment by Eyembe Elango on March 18, 2010 at 4:47am

"The Oriental Post": the new China-Africa weekly(Botswana)
......Chinese entrepreneur Miles Nan, resident in the country for ten years, has set up Africa's first ever newspaper in Chinese. There are currently between 5,000 and 6,000 Chinese inhabitants - out of a population of 1.8 million - living in Botswana. Primarily attracted by the 1990s housing boom, this small community has moved on from construction to textile production, and recently into setting up small shops, already quite familiar to the West, full of trademark "Made in China" merchandise. With few of them able to read English, Mr Nan felt it was about time that the Chinese community got their own newspaper.
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Comment by Eyembe Elango on March 17, 2010 at 5:50am

Nigerian gambit signals India’s Africa strategy
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Comment by Eyembe Elango on March 15, 2010 at 9:22am

Indian Firm to build Largest Textile Plant in Kombolcha Zone, Ethiopia
Spintex, an Indian textile company, has received 50ht of land at the Kombolcha Industrial Zone in the Amhara Regional State to construct what could become the largest textile factory with five times the capacity of the current leader.

It will produce 100tn of yarn a day, which is five times the capacity of Ayka Addis.

Ayka Addis is a Turkish company that moved to Ethiopia and set up a factory at Alem Gena in Oromia.
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Comment by Tokunbo Omiyale on March 10, 2010 at 2:21am

I.m currently in Seoul till friday night. I am available to meet-up with Companies with the following interest in Sub-Saharan Africa:
A. Financial Investment
B. Infrastructure
C. ICT.
I cam be reached on +821028977761.

Thanks

Comment by Eyembe Elango on March 7, 2010 at 2:27am

Asian giants taking a renewed interest in African ICT prospects

Comment by John Hawker on February 27, 2010 at 5:51pm

Interesting - I don't think China is just for Dictators - I feel that imagery comes from the fact that many USA/Western companies have ignored the opportunities in Africa - along with China's approach "We're a third world country just like you - we know what you need"

Take that comment any way you like :)

However one problem I see is that many project "builds" are cheap - the "Maintenance and Support" component may wear different hats. Can countries always afford the long term costs of what is built. Unless the infrastructure generates enough income to cover these costs - they shouldn't move forwards.

More pertinent to your comments - these concepts affect African Democracies - more than they do Dictatorships.

Comment by Pete Johnson on February 26, 2010 at 11:38pm

The Varieties of Chinese Finance in Africa

There's interesting commentary coming from Chris Alden and Riaan Meyer suggesting that not all Chinese finance in Africa is the same. Contrary to the image that China is a one-stop shop for dictators wishing to obtain infrastructure improvements, aid and forex in exchange for natural resources the PRC needs, they argue that a more nuanced picture needs to be made. That is, there are many modes of Chinese finance that cannot be lumped into a simple view of it being an extension of the non-interference principle. They also envision China's activities in Africa being part and parcel of a wider drive to build alternatives to the dollar as a vehicle currency for trade.

Comment by Eyembe Elango on February 23, 2010 at 8:29am

Mali: Housing project launched in Bamako
The construction of the 20,000 units will be spread over five years and cost 350 billion FCFA (US$700 million), to be funded by the IDB through the Foras International Investment company.

Malaysian, Saudi Arabian, Chinese and Tunisian companies will construct the houses, meant for low and medium income earners
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