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China-Africa development fund ready to finance more projects across continent
 
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Chinese companies have invested significantly in development on the continent. One such is the China-Africa development fund which is a Chinese private equity fund solely funded by China Development Bank. The fund is now looking to continue its work by providing funding to bankable projects all over the continent. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 592 CGTN Africa
How Africa is Becoming China's China
 
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Start learning with Brilliant for free at http://Brilliant.org/Wendover The first 200 to sign up for a premium account with that link will also get 20% off. Check out my personal channel: https://www.youtube.com/channel/UCDA1X6RrhzZQOHOGvC3KsWg Get the Wendover Productions t-shirt: https://standard.tv/collections/wendover-productions/products/wendover-productions-shirt Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: [email protected] Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Simon Buckmaster Special thanks to Patreon supporters James McIntosh, Braam Snyman, Harry Handel, KyQuan Phong, Kelly J Knight, Robin Pulkkinen, Sheldon Zhao, Nader Farzan, James Hughes, Ken Lee, Victor Zimmer, Dylan Benson, Simenn Nerlier, Donald, Etienne Dechamps, Qui Le, Chris Barker, Andrew J Thom, Keith Bopp, Alec M Watson, Chris Allen, John & Becki Johnston, Connor J Smith, Arkadiy Kulev, Eyal Matsliah, Joseph Bull, Hank Green, and Plinio Correa Otjivero Dam footage courtesy Drone Visions Namibia Music by http://epidemicsound.com
Views: 4698043 Wendover Productions
Zambia-China Cooperation Zone boosts local growth
 
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Zambia's copper mining is now experiencing one of its worst periods. As the largest Chinese investor in Zambia, China Non-Ferrous Metal Mining Group has promosied their continual investment. The company has also built the Zambia China Economic and Trade Cooperation Zone(ZCCZ), which is the first Chinese built multi-facility economic zone in Africa. So far the ZCCZ has attracted around 50 investors with the total investment of over 1.5 billion USD to boost the country’s economic development. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 5981 CGTN
43 Chinese firms in Ethiopia identified as key job providers
 
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According to the Ethiopian Investment Commission, there are 43 Chinese firms operating in the country. Representing a total investment of two billion U.S. dollars, the companies have been recognized by the government as leading job providers. Foreign companies in Ethiopia employ tens of thousands of people. CGTN's Girum Chala takes a look into how two particular companies are boosting the local economy
Views: 4713 CGTN Africa
IMF missteps over huge China deal in the Congo proves costly
 
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In 2007 when China's Exim Bank unveiled a massive $6 billion mining deal in the Democratic Republic of the Congo, it completely rocked the normally-staid world of international development finance. The agreement, known as "The China Deal" or Sicomines, was among the first of these huge Chinese infrastructure-for-resources deals that are now commonplace across Africa.   Ten years ago, though, the World Bank and the International Monetary Fund were pretty much the only players that threw around that kind of cash in countries like the DRC. So when the Chinese came along with the Sicomines deal, many observers saw it as a direct challenge to the IMF's once unrivaled dominance of international development finance in places like the Congo.   While a feared Chinese-IMF rivalry did not ultimately materialize, "The China Deal" did create a lot of problems. The IMF responded defensively, according to new research from Sino-Congolese scholar Dr. Johanna Malm at Roskilde University in Denmark. Fearing they might be pushed aside by the Chinese, the IMF opted to make it easier for the Congolese government to borrow yet more money, adding to Kinshasa's already dangerously-high debt load.   Dr. Malm joins Eric & Cobus to discuss "The China Deal" and why the IMF's missteps in the Congo produced costly-consequences for an already financially-distressed government.
Talk Africa: Nuclear powered Africa
 
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World leaders assembled in Washington for the Nuclear Security Summit last week, aiming to step up cooperation to ensure nuclear security worldwide . But in Africa, the debate is somewhat different: Africa's economic growth is being stifled by widespread power shortages and nations across the continent are hoping to harness nuclear power for peaceful development. So what challenges might Africa confront in this pursuit and just how viable an option is a nuclear powered Africa? Beatrice Marshall engages the experts on this topic, in this episode of Talk Africa.
Views: 17518 CGTN Africa
Africa: Leapfrogging the Development Gap
 
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Despite lacking in infrastructure, Africa is a desired investment destination; is it leapfrogging the development gap? #WorldGovSummit
Views: 119803 World Government Summit
Parliament orders Chinese road construction firm to refund Shs47 billion
 
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A parliamentary committee that has been probing inconsistencies in the accountability of funds meant for compensating Ugandans affected by a road project has issued the Chinese contractors a 24 hour-ultimatum to refund part of the money advanced to them.The MPs on the Commissions, Statutory Authorities and State Enterprises Committee warned the 5 Chinese companies of serious repercussions if they fail to refund the money Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 1975 NTVUganda
United Nations Capital Development Fund Allocates 10 Billion for District Planning
 
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The United Nations Capital Development Fund has signed off 10 Billion shillings to support five selected Local Governments enhance on their infrastructure planning and strengthen service delivery.Country Head of the UNCDF Dmitry Pozhidaev, says the money is aimed at promoting private sector projects in the sectors of works and transport, agriculture and commercial services, water and sanitation among others. The districts of Amuria, Amudat, Omoro,Otuke and Yumbe, will utilize the funds to improve on their capacities’ planning for social and economic empowerment of young people and women.
Views: 166 NBS TV Uganda
China donates funds to help Zambia tackle cholera outbreak
 
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The Chinese government on Wednesday donated about 2 million RMB (about 300,000 U.S. dollars) to help Zambia tackle a cholera outbreak that has broken out especially in Lusaka, the country’s capital
Views: 440 New China TV
Siberia gold mine will be bloc's first multilateral project
 
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A gold mine in the east region of Siberia has been identified as the first BRICS multilateral project that could signify the most significant practical move towards showing how the private and public sectors in member countries can work together. It involves a pre-production investment of 500 million dollars. The money will come from the Sun Group, China National Gold, the Russian Sovereign Investment Fund, and the Far East and Baikal Region Development Fund. CGTN's Angelo Coppola has more. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 803 CGTN Africa
Chinese company producing medicine in Mali
 
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Chinese firms investing in Mali, irrespective of the harsh natural environment, lack of infrastructure, and weak industrial system.
Views: 7292 CGTN Africa
Africa Development Bank secures $7.2 billion from donors
 
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A global coalition of donors has pledged $7.06 billion over the next three years to support transformation of African economies and the African Development Bank's High Five priorities. The money will fund development projects and programs in the 38 lower income countries supported by the African Development Fund. President of the African Development Bank Group, Dr. Akinwumi Adesina has said more resources will be committed to support the private sector in the region. The Fund will allocate over $280 million to the Private Sector Credit Enhancement Facility. The facility will leverage approximately $840 million of private sector financing, of which at least 50% will be in higher risk countries.
Views: 300 CGTN Africa
🇨🇳 🇿🇲 China invests millions in Zambia's farming sector | Al Jazeera English
 
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China has invested in several African nations including Zambia.   It has a stake in the country's agriculture production.   Al Jazeera's Tania Page reports from the Zambian capital, Lusaka.
Views: 6545 Al Jazeera English
How Can Haiti Dig Itself Out Of Deep Poverty - Rwanda Model
 
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When it comes to Haiti, the media mostly show slums, deep poverty, corruption...etc... Yes, it is true Haiti has a lot of problems but not too many people seem to have a solution. Haitians are smart enough to get the country moving in a positive direction. However, we need a working model to emulate. We strongly suggest the Haitian politicians to study the Rwanda Model for Economic Growth. In addition, the Haiti politicians also need to study Singapore, Taiwan, and Thailand. Just like we did. The Rwanda Model consist of the following techniques: 1) Low Corruption 2) Pro Investment Policy Reforms (Foreign companies have to employ 70% Haitian workers, provide training and transfer of knowledge). 3) Special Economic Zone 4) Security (Being Able to Walk Outside at Night) 5) Regulatory Framework 6) Register Business in 6 Hours 7) Infrastructure: 24 Hour Electricity, Clean Water, Sewer and Sanitation System, Roads, Highways with Tolls. It is not safe to drink water from the tap in Haiti. The country needs to invest in a water and sewer system. 8) Performance Metrics and public administration educational courses and seminars for Government Workers 9) Accountability of moneys in each Governmental Department. Be transparent. Publish to the Haitian citizens how much money was received and how the money was spent. 10) Leadership and Clear Government Vision 11) Collecting Taxes, Tariffs and Fees 12) Agriculture Export and the Country Being Able to Feed Itself (For Haiti ORGANIC Agriculture is important vs Knowledge Base) 13) Decentralization 14) State-of-the-art Conference Center for the Region (able to receive business people from all over the world) 15) Tourism (Commercial and Eco-Tourism) 15) Property Rights - Allow the People to Own Land 16) Deforestation Solutions 17) Manufacturing 18) Technology Improvements - Telecommunication 19) Micro Lending 20) Minimize Bribery 21) Delivery of Services to the People 22) Human Capital Investment (No Natural Resources / No Land Concessions) Haiti has oil, gold, iridium, uranium etc... Unfortunately mining has negative impacts on the environment (e.g., increased possibility of earthquakes and soil/water contamination). Furthermore, will mining companies build Haiti's infrastructure??? Haiti's soil is very rich, the minerals are worth billions of dollars and theoretically Haiti can dig itself out of deep poverty by selling mining permits. But to what cost? There are other ways for Haiti get out of deep poverty and this is what we are trying to explore. Other countries may have a national plan for Haiti which may not be in our best interest. We need our own. 23) Universal Education 24) Universal Health Care (Haiti need at least one Level 1 Trauma Center and at least one Level 3 hospital in each of its 10 departments). A level 1 Trauma Center in Haiti should not be more than 130 million dollars USD and a Level 3 hospital with 300 beds should cost about 25 million dollars USD. So, under 400 million dollars USD, Haiti will have hospitals all over the country. The challenges will be the cost of equipment, preventing people from stealing the equipment and the cost of paying hospital employees. 25) Coordinating the army of NGOs in Haiti to verify if they are meeting their objectives (i.e., planting trees/reforestation - verify if they are being planted and if they are not being cut down again) How can Haiti raise money to build its infrastructure? a. Haiti does not need to do everything on its own. Haiti needs international partners to invest in the country. Haiti can offer incentives to businesses to come to Haiti. b. Fees, Tariffs and Taxes: Money Transfer Fees, Telecommunication Fees, Tourist Tax, Airplane Ticket Tax, Import Tariffs, Toll Roads, Blanket Yearly Fee on Diaspora...etc... Haiti can easily raise between 2 to 4 billion dollars per year. This is a Haitian solution which can bring 20 to 40 billion dollars in 10 years. For a small country like Haiti, in less than 10 years the country can have a decent infrastructure and will be at least out of deep poverty!!! In conclusion there are 3 main steps: *Emulate the Rwanda Model with some adjustments to fit Haiti's needs (such as focusing on agriculture, tourism, and a mixed/diversified economy) *Control Corruption *Raise Funds from Haitians Living in Haiti and the diaspora / Make it easier for investors to come in. LOW CORRUPTION AND UNITY IS KEY!!! ***NOTE: If we control corruption and follow Rwanda's Economic Model, we can have a different country in less than 10 years. As follows: Haitian money (Petro Caribe loan, fees, taxes... up to 2.6 billion per year can be raised), some foreign aid (1.4 billion dollar package from the international community has already been approved), and making it attractive for Haitian companies and international investors to come to Haiti. Can Haitians overcome its selfish mentality, stop fighting each other and work together to develop the country?
Views: 11418 come2haiti
Africa Inc: Investing in African mining
 
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On this weeks episode, the Africa Inc team attended the Investing in African Mining Indaba and caught up with key players in the industry to discuss their outlook for 2017. Mark Bristow, CEO of Rangold Resources gives us some insight into where they are finding value on the continent and Tom Albanese from Vedanta gives us an update on the company's Zambian operations. We also catch up with the CEO of GoviEx, Daniel Major to find out how a recovery in the Uranium price could see further investment in Africa's mining sector.
Views: 212 Business Day TV
Xi Says China to Work with Argentina to Safeguard Multilateral Trading System
 
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Chinese President Xi Jinping said on Thursday that China is willing to work with Argentina to make contributions to safeguarding the multilateral trading system and improving global governance. Xi made the remarks when meeting with his Argentine counterpart, Mauricio Macri, on the sidelines of the 10th BRICS summit held in Johannesburg, South Africa, on July 25-27. Unilateralism and protectionism are currently on the rise, said Xi, adding that emerging markets and developing countries are facing an increasing number of challenges. "As a sincere friend and a cooperative partner of Argentina, China supports Argentina's efforts in maintaining economic and financial stability and is willing to continue to provide assistance within our capacity," Xi said. China has full confidence in Argentina's development prospect and the future of China-Argentina cooperation, said Xi. The two sides should advance the joint construction of the Belt and Road, align their important development plans, expand cooperation in economy, trade, energy, mining industry and financing, promote trade liberalization and facilitation, and give full play to new cooperative models, Xi added. China supports Argentina in hosting this year's Group of 20 (G20) summit, Xi said. Macri thanked China for providing precious assistance to Argentina for overcoming economic difficulties and stabilizing the financial market. Argentina is committed to deepening the comprehensive strategic partnership between the two countries, said Macri. Argentina hopes that the two sides could boost high-level exchanges and expand cooperation in such areas as energy, manufacturing, aviation, investment, financing and tourism, Macri added. Argentina opposes trade protectionism and is willing to work together with China to ensure a successful G20 summit this year so as to promote international cooperation, Macri said. http://www.cctvplus.com/news/20180727/8086400.shtml#!language=1 Welcome to subscribe us on: Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus LinkedIn: https://www.linkedin.com/company/cctv-news-content Instagram: https://www.instagram.com/cctvnewscontent/ Video on Demand: www.cctvplus.com If you are in demand of this video footage, please contact with our business development team via email: [email protected]
Mining in Zambia, Opportunities and Challenges
 
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A Documentary that worked on as Co-producer under Loyola Productions Zambia. It looks at Mining in Zambia and how the Mining industry can contribute the attainment of Development Goals. This Documentary has been packaged for The Ministry of Mines with Support from United Nations Development fund ahead of the UN General Assembly 2015 which will agree on the adoption of the Sustainable Development Goals as the successors to the Millennium Development Goals. The Documentary Highlights some of the challenges in the Mining sector but focuses more on How the sector can continue to help with the attainment of the Sustainable development Goals.
Views: 3396 Patience Chisanga
How to Rob Africa | People & Power
 
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The world's wealthy countries often criticise African nations for corruption - especially that perpetrated by those among the continent's government and business leaders who abuse their positions by looting tens of billions of dollars in national assets or the profits from state-owned enterprises that could otherwise be used to relieve the plight of some of the world's poorest peoples. Yet the West is culpable too in that it often looks the other way when that same dirty money is channelled into bank accounts in Europe and the US. International money laundering regulations are supposed to stop the proceeds of corruption being moved around the world in this way, but it seems the developed world's financial system is far more tempted by the prospect of large cash injections than it should be. Indeed the West even provides the getaway vehicles for this theft, in the shape of anonymous off-shore companies and investment entities, whose disguised ownership makes it too easy for the corrupt and dishonest to squirrel away stolen funds in bank accounts overseas. This makes them nigh on impossible for investigators to trace, let alone recover. It is something that has long bothered Zimbabwean journalist Stanley Kwenda - who cites the troubling case of the Marange diamond fields in the east of his country. A few years ago rich deposits were discovered there which held out the promise of billions of dollars of revenue that could have filled the public purse and from there have been spent on much needed improvements to roads, schools and hospitals. The surrounding region is one of the most impoverished in the country, desperate for the development that the profits from mining could bring. But as Kwenda found out from local community leader Malvern Mudiwa, this much anticipated bounty never appeared. "When these diamonds came, they came as a God-given gift. So we thought now we are going to benefit from jobs, infrastructure, we thought maybe our roads were going to improve, so that generations and generations will benefit from this, not one individual. But what is happening, honestly, honestly it's a shame!" What is happening is actually something of a mystery because though the mines are clearly in operation and producing billions of dollars worth of gems every year, little if any of it has ever been put into Zimbabwe's state coffers. Local and international non-governmental organisations say they believe this is because the money is actually being used to maintain President Robert Mugabe's ruling Zimbabwe African National Union - Patriotic Front (ZANU-PF) in power. True or not, it is clear that the country's finance minister, Tendai Biti, has seen none of it. A representative of the opposition Movement for Democratic Change, which sits in uneasy coalition with ZANU-PF, he says he has no idea where it is going. "We have got evidence of the quantities that are being mined, the quantities that are being exported but nothing is coming to the fiscus .... All I know is that it's not coming to the treasury. So that is a self-evident question. It is not coming to us. That means someone is getting it. The person who is getting it is not getting it legally. Therefore, he's a thief, therefore she's a thief." Sadly, as Stanley Kwenda has realised, it is typical of a problem found all over Africa. The continent is rich is natural resources that are being exploited for big profits, but the money is rarely used for the benefit of the people. Instead it goes to line the pockets of corrupt officials who then often smuggle it out to be deposited in secret offshore bank accounts in the developed world. So who facilitates these transactions? And how and why does the developed world make it so easy to launder this dirty cash? In this revealing investigation for People & Power, Kwenda and the Ghanaian undercover journalist Anas Aremeyaw Anas, set off to find out. Posing as a corrupt Zimbabwean official and his lawyer, their probe takes them deep into the murky world of 'corporate service providers' - experts in the formation of company structures that allow the corrupt to circumvent lax international money laundering rules. It just so happens that the pair's enquiries take place in the Seychelles but, as they discover to their horror, they could just as easily be in any one of a number of offshore locations (or even in the major cities of Europe and the US) where anonymous companies can be set up for the express purpose of secretly moving money and keeping its origins hidden from prying eyes. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/
Views: 210664 Al Jazeera English
MineAfrica: promoting mining investment in Africa
 
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The premier platform for mining companies, service providers and governments to promote themselves to a senior level, Africa focussed audience of financial institutions, analysts, mining executives and media.
Views: 1061 MineAfrica
Nigeria to champion Africa Mining Vision ― Mining minister
 
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Minister of Solid Minerals Development, Dr. Kayode Fayemi has revealed Nigeria’s plans to champion the African mining vision (AMV). Fayemi made the disclosure while addressing participants at the maiden National Mining Summit, with the theme, ‘Unearthing Nigeria’s Mining Sector’, in Abuja. Excerpt of his speech: The African mining vision (AMV) is by far one of the most promising instruments that unite the whole of Africa towards achieving particular objectives. It is Africa’s own response to tackling the paradox of great mineral wealth existing side by side with pervasive poverty, through building economic and social linkages that benefit Africa. For us in Nigeria, in view of our present realities we have found our bearing from the African Mining Vision and have domesticated its provisions in our roadmap for the development of the Nigerian mining sector Accordingly, one of the priority goals of our government is to position our Mining sector to play a greater role in sustainably diversifying our country’s revenue base, creating jobs, and fast-tracking industrialization. Similarly most countries in the West-African sub-region have since developed country-level strategies, and we have reports of the achievements that are already being recorded under the stewardship of my ministerial counterparts. The AMV prescribes integrating mining into industrial and trade policy at regional level, and encouraging collaboration and healthy competition among countries. We therefore consider it important to have a platform for bringing stakeholders in the sub-region together, to share ideas and compare notes on how to collaborate in making our resources work for our people. This is why our ministry has partnered with Afrocet Montgomery, working with Deloitte, to host CONMIN West Africa, in demonstration of our commitment to signaling the renaissance of our mining sector and to naturally take the lead in driving the achievement of the objectives of the AMV, collectively and at our country level. It is our vision to use this platform to place Nigeria prominently in the international mining calendar and beneficially attract greater attention to our country and sub-region.
Views: 147 Oak TV
Chinese Ambassador to Zambia H.E Li Jie is addressing the media
 
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Chinese Ambassador to Zambia H.E Li Jie is addressing the media
Views: 1488 Lusaka Times
How To Fund Your Blockchain Wallet With Bitcoin
 
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Views: 147638 Kurt Tasche
Ethiopia: China and Ethiopia sign raft of trade deals
 
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Video ID: 20140504-037 M/S Chinese Foreign Minister Wang Yi (left) C/U Flags of China and Ethiopia M/S Ethiopian Foreign Minister Tedros Adhanom (right) and IGAD lead mediator for the South Sudan peace talks Ambassador Seyoum Mesfin W/S Li Keqiang sits down in meeting room M/S Li Keqiang thanks Hailemariam Desalegn for hosting him (in Chinese) C/U Hailemariam Desalegn in meeting room W/S Ethiopian delegation - far right Ethiopian FM Tedros Adhanom, right of him Minister of Mines, right of him Minister of Finance and Economic Development M/S Chinese delegation M/S Li Keqiang and Hailemariam Desalegn walk into meeting room M/S Li Keqiang and Hailemariam Desalegn signing agreement SOT, Hailemariam Desalegn, Prime Minister of Ethiopia (in English) "Both parties have agreed to strengthen their cooperation and diplomatic, political and economic fields as well as people to people relations. During the bi-lateral meetings the government of China and that of the government of Ethiopia agreed on announcing Ethiopia's industrialisation and on supporting Ethiopia's great vision on becoming Africa's manufacturing powerhouse." C/U Li Keqiang W/S Li Keqiang and Hailemariam Desalegn SCRIPT Ethiopia: China and Ethiopia sign raft of trade deals The Chinese Prime Minister Li Keqiang started his Africa tour in Ethiopia Sunday by meeting with Ethiopian counterpart Prime Minister Hailemariam Desalegn in Addis Ababa. Ministers and high officials signed a total of 18 agreements, including the Comprehensive Framework Agreement for the years 2015-2024. China finalised deals that will fund the building of an international road in eastern Ethiopia and a sugar factory in the northern part of the country. On Monday, Keqiang will hold a policy speech at the African Union Headquarters. Afterwards he will officially open the high speed express-way between Addis Ababa and Adama, co-financed by the Chinese investors. On Tuesday, Keqiang will meet Ethiopia's President Mulatu Teshome. After Ethiopia, Keqiang will continue his Africa tour by visiting Kenya, Angola and Nigeria. Facebook: http://www.facebook.com/Ruptly Twitter: http://twitter.com/Ruptly LiveLeak: http://www.liveleak.com/c/Ruptly Google Plus: http://plus.google.com/111498286331086224967 Instagram: http://www.instagram.com/Ruptly YouTube: http://www.youtube.com/user/RuptlyTV Video on Demand: http://www.ruptly.tv
Views: 2629 Ruptly
Annual Women’s Conference to focus on development projects
 
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In preparation for the 2nd Annual Women’s Conference set to take place at the Imperial Royale Hotel under the theme think Big and focus on one specific thing at a time on the 31st of August. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 206 NTVUganda
Standard Bank eyes expansion into francophone West Africa
 
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South Africa's Standard bank is set to expand its operations into francophone West Africa. The bank is riding on a chinese investment drive into Ivory Coast to establish a foothold in the region. Chinese authorities and companies have committed over $7.5 billion over the next few years to invest in infrastructure in the Ivory Coast. "By virtue of our relationship with the ICBC (Industrial and Commercial Bank of China) we think we're in a position to provide advice, structuring and the capa… READ MORE : http://www.africanews.com/2018/04/10/standard-bank-eyes-expansion-into-francophone-west-africa Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 122 africanews
Interview with Peter Eigen 6/6: Implications of China's investments in natural resources in Africa
 
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The governance challenges of natural resource extraction are enormous. What can be done to improve natural resource governance? Stephan Wolters (adelphi, ECC platform) talked to Peter Eigen, Founder of Transparency International and Chair of the Extractive Industries Transparency Initiative (EITI) from 2006-11. As a leading expert on the challenges of corruption, he provides exciting insights and evaluates success and failure of various approaches, including EITI. Interview transcript: "Generally I am very pleased with Chinese investments there, because it gives Africa more options. It has helped to raise the price of natural resources which makes it possible for Africa to grow faster, a pre-condition for escaping poverty. The Chinese often don't make their investments conditional e.g. on good governance requirements, which is a great luxury for some African leaders. The question is really whether the leadership in Africa has learned its lessons of how destructive and damaging bad governance was for it. I would say that many countries in Africa now have a leadership and a population that do not tolerate the same degree of corruption that we, the Western countries introduced in many of these countries. We should not forget that until the late 1990's, systematic corruption was allowed in our countries. In Germany, you could deduct bribes for foreign investments from your taxes. It very often distorted economic decision making and supported corruption, and was in my opinion the main cause of poverty and misery in resource-rich countries. So it is very hard for us to criticise the particular risk of corruption that comes with Chinese investment because they will answer that they never allowed their exporters or investors to bribe outside Chinese borders. Some of their methods like barter arrangements, however, are extremely dubious. If you say, "You allow me to mine all your copper and I will give you five billion dollars worth of roads, or railroads, or ports etc.," this is a recipe for disaster because each one of these projects is a very complex negotiation, which has to be prepared properly and often takes years. If you throw these two things together, it cannot work. Therefore, there are a number of activities that one has to watch very carefully, but I think this task is up to the leaders of Africa. I talked to the minister of mines of Ghana and he said "We have learned our lesson. We have seen corrupt deals in the past with our European friends. We are very careful now and compare the offers we have from China, Russia, Brazil, Germany, Canada, Japan, and we take what is best for us. We do not need conditionality. We use our own common sense, because we know that we owe it our people to sell our natural resources in a way that is sustainable, helpful and leads to real development in the country." In addition, in a six-part exclusive video interview, Peter Eigen provides additional insights to the questions raised here. We will be releasing one part of the series every Wednesday: • Part I: The resource curse: governance challenges of natural resource management • Part II: The beginnings of improving transparency in extractive endustries: the Publish What You Pay Initiative • Part III: Why was the Extractive Industries Transparency Initiative set up with a relatively narrow focus on the flow of money? • Part IV: How does the Extractive Industries Transparency Initiative provide added value for civil society? • Part V: Current developments and future pathways towards improved accountability in natural resource governance • Part VI: Is the dragon devouring Africa? China's investments in natural resources in Africa and its implications for economic development and political accountability For more information: http://www.ecc-platform.org/
Views: 381 adelphi, Berlin
'It's Africa's Time' Season 2 - Teranga Gold Full Story
 
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IT'S AFRICA'S TIME travels to Teranga Gold’s Sabodala Mine in Senegal to discover first hand what’s possible when a mine comes to town. Sabodala is the only gold mine in Senegal and set to be there for decades to come. It has upskilled locals and provided hundreds of jobs since beginning operations in early 2009. Beyond jobs, upskilling and tax dollars, the mine’s Social Fund has invested millions of dollars into a range of community interventions in close consultation with local leadership and the people of surrounding villages, enabling regular, stable income generation and tangible opportunities for the local community.
China, Kenya to boost legal cooperation on illegal trade
 
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More than 400 international delegates are in the Kenyan capital Nairobi for a five-day international law conference. The Asian-African Legal Consultative Organisation brings together representatives from 47 countries. Discussions will centre on promoting the rule of law in Asia and Africa, combating trans-national organised crime, cyber and environmental crimes and terrorism. Kenyan and Chinese delegates have met on the sidelines of the conference to discuss combating illegal trade in wild flora and fauna within an international law framework. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 258 CGTN Africa
Meet the U.S. Global Investors China Region Fund (USCOX)
 
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Founded in 1994, the U.S. Global Investors China Region Fund (USCOX) invests in one of the world’s fastest-growing regions. The China region has experienced many changes since the fund opened, but we believe the region continues to hold further investment opportunities. For more information about USCOX, visit www.usfunds.com.
Chuanshan International set to start mining diatomite in Marigat
 
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A Chinese company is set to start mining diatomite in Marigat Baringo. The 4 billion shillings mine will see the company produce over 300,000 tonnes of the mineral every year. Chuanshan International Mining Company is also expected to create over 300 jobs, which will be a key milestone in the county’s quest to develop, as outlined in its integrated development plan. SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/KTNkenya Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps: http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Africa with its headquarters located along Mombasa Road, at Standard Group Centre. This is the most authoritative news channel in Kenya and beyond.
Views: 268 KTN News Kenya
China and Arab states to co-build the ‘Belt and Road space information corridor’
 
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China and Arab states will work together to build the ‘Belt and Road space information corridor’ to deepen space cooperation,” said Chinese President Xi Jinping during his speech at the opening ceremony of the eighth ministerial meeting of the China-Arab States Cooperation Forum in Beijing on Tuesday. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 718 CGTN
China, Zambia cherish traditional friendship, vow to enhance ties
 
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China is willing to share the fine tradition of friendly cooperation with Zambia to grasp and promote bilateral relations from a strategic and long-term perspective, Chinese President Xi Jinping stressed on Saturday. President Xi made the remarks when meeting with Zambian President Edgar Lungu, who is in Beijing to attend the upcoming 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC). Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 791 CGTN
Anglo American Platinum CEO at the 2015 Mining Indaba on 10 Februrary in Cape Town South Africa
 
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You can find out more about Anglo American here: http://www.angloamerican.com http://www.facebook.com/angloamerican http://www.twitter.com/angloamerican http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
Views: 3236 angloamerican
Ineffective procurement is slowing Africa's economic growth
 
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Africa's growth is a huge draw card to international investors, and as the continent expands the role of procurement is becoming increasingly strategic in relation to infrastructure, finance, energy, mining and other sectors. But ineffective procurement is costing African an estimated 31.5 billion US Dollars. How do we plug this value leak?
Views: 347 CNBCAfrica
Local coal company hiring nearly 300 miners
 
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In the Mountain State the jobs will be at the Keystone Surface Mine.  They will also be reopening the Bishop Surface Mine which sits across the border of McDowell and Tazewell Counties.
Views: 22 59 News
What does Africa need?
 
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Can the policies that worked for India work in Africa? Question: What does Africa need?   Rick Warren: Africa needs a hand up, not a hand out. The biggest thing Africa needs is good leadership. That's why part of the Peace Plan of promoting reconciliation, equipping leaders, assisting the poor, caring for the sick, educating the next generation -- you have to have a comprehensive approach to tackle all five of these -- what I call the global Goliaths -- the global giants of spiritual emptiness, corruption, poverty, disease and illiteracy. These are the five biggest problems on the planet that affect billions of people. I call them the global Goliaths. There are a lot of problems that affect millions of people, but these affect billions. And the first problem is spiritual emptiness. Billions of people feel spiritually empty. They say, "I don't know what I'm here for. I don't know if there is a purpose for my life. I don't have a relationship with God." And I think that's one of the reasons why "Purpose Driven Life" became one of the bestselling books in history next to the Bible. It's not a niche book. It's a question that everybody eventually asks -- "What on earth am I here for?" You put your head down on the bed, and you go, "Why am I here?" And then corruption. Corruption is rampant all around the world, but particularly in Third World or in developing world countries. And corruption is at a business level. It's at government level. It's at an academic level. It's at the church level. It's penetrated through society. And having been around the world many, many times, you can go anywhere and people are going to ask you for a bribe. And you just have to say, "We don't do that." And in the last 50 years -- I'm guessing this -- maybe the west has put $1.5 trillion dollars in aid into Africa, and the countries in Africa are actually worse off. Their standard of living is worse off than it was 50 years ago. It's like a sinkhole. Why? Because people were skimming it off and putting it in Swiss bank accounts. And you have these government leaders -- the Idi Amin stronghold types -- that are just . . . don't care about their people. They're not servant leaders. And so we have to teach them good leadership, good governance, at the same time teaching them self-reliance. While America was pouring trillions of dollars, or the West was pouring trillions of dollars into Africa, we gave almost no money to China, if any. And look at the economy there. I mean it's exploding, exploding. If money could solve poverty, we would have no poverty in America because we've spent trillions of dollars on government programs. This is where people have a hard time pegging me on which side am I on. Because I have the heart of a liberal, and then I'm compassionate. And I care about the poor, and the sick, and the injustice, and racial equality, and economic equality. I just happen to disagree with liberals in that the solution is not the government. If bigger government was the answer to these problems, we would have solved them by now. We've put trillions of dollars into government programs, into housing projects that are now laying in waste, things like that. You have to change the heart.   Recorded on: December 11, 2007
Views: 176 Big Think
Project Financing for Coal Mining Projects
 
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A short educational video explaining the role of financial modelling in coal mining projects and implications for project financing.
Anthony Desir - Impact of China @ Mines and Money London 2011
 
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Anthony Desir, expert on China-Africa resource capitalization solutions, held a presentation at Mines and Money London 2011 on China's way of doing business. (Video done by Mines and Money) Anthony Desir is recognized as one of the region's experts on China-Africa resource capitalization solutions. As an Independent investment banker with 30+ years practical experience in corporate finance and deal origination, he has spend 9 years on Wall Street as a consultant to financial institutions, and 24 years in Hong Kong. Anthony is SAMI's head of Corporate Finance and the fund's lead partner in Asia, where he has developed a representation relationship with one of China's leading SOE investment banking groups. He has headed the China-Africa investment consultancy practice since 2007. Bio: http://www.speakersconnect.com/anthony-desir/ For more information or to have Anthony as a speaker at your next event please contact Speakers Connect at [email protected]
Views: 246 speakersconnect
Developing the Mining Industry in the Middle East & North Africa
 
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What are the roles of mining companies in developing the mining industry in the Middle East and North Africa? Find out from the experts how you should approach new prospects in developing mining hubs, what the profile of junior miners in the region are, and how to encourage further investment in the MENA region. Also, visit our website at http://www.terrapinn.com/exhibition/mena-mining-show/index.stm
Views: 1028 miningnuggets
China Donates 6 Million Dollars to Help Drought Hit Ethiopia
 
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China provided six million U.S. dollars in financial support to the United Nations' World Food Program's (WFP) on Tuesday for their emergency response in Ethiopia that targets drought-hit and refugee populations in Ethiopia. http://www.cctvplus.com/news/20180315/8075929.shtml#!language=1 Welcome to subscribe us on: Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus LinkedIn: https://www.linkedin.com/company/cctv-news-content Instagram: https://www.instagram.com/cctvnewscontent/ Video on Demand: www.cctvplus.com If you are in demand of this video footage, please contact with our business development team via email: [email protected]
🌊 Ocean diamonds: Africa's 'blue economy' | Counting the Cost
 
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Africa's "blue world" is made up of vast lakes, oceans and rivers. The African Union (AU) calls the "blue economy" the "New Frontier of African Renaissance" and there's been a lot of talk and forums focusing on it over the past year. The so-called "blue economy" is not confined to fishing and tourism; it also includes things like transportation, deep sea coastal mining and energy. Thirty-eight of Africa's 54 states are coastal. The island nation of Mauritius, for example, is one of the smallest countries in the world. But it has territorial waters the size of South Africa, and lying on the ocean bed are potential sources of metals, minerals, and oil and gas. A new offshore deep sea mining industry is already taking shape in Namibia, vacuuming diamonds from the ocean floor. Proponents see a sparkling future in the ocean, as onshore mineral deposits dry up. While the blue economy has the capacity to provide desperately needed jobs, the challenge is all about how to exploit water resources in a sustainable way. As efforts get under way to exploit the continent's ocean ecosystem, environmentalists are warning more research is required to shape policies. So what's behind the "blue economy" concept? Is it more than just the rebranding of marine exploitation? "The blue economy is about using and utilising ocean resources sustainably, without damaging it ... It's problematic but it's still a long time into the future," says Dr David Obura, the director of Coastal Oceans Research and Development in the Indian Ocean (CORDIO), East Africa. According to Obura, it's all about transformation. "We really need to transform the way sectors and countries plan among each other, and also appreciation by the economic and corporate powers that the value is generated from ecosystems or assets that can be damaged. And you need to manage them sustainably, just like you manage a hedge fund ... so you don't destroy it while you are exploiting it." The massive investment can come from "China or other sources as well but to have that money invested in ways that don't damage the assets." Not enough is being done to educate the masses on how to manage the continent's marine resources, according to Obura. "The sea is still behind other priorities in most Africans' minds and mentalities, from the countries down to the individuals - and we need to transform that. Awareness about climate change in the ocean connection, plastics and ocean pollution is leaping to the front in the last few years. We're trying to ride the wave and get that awareness and get the education systems also building that into the curriculum." - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/ More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/
Views: 3019 Al Jazeera English
ZIMEC debate - Accelerating Zambia's economic growth
 
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The 4th Zambia International Conference on Mining and Energy pulled together industry experts, business, and government across both these sectors. Hosted by CNBC Africa Nozipho Mbanjwa, the ZIMEC debate explored the possibility of accelerating Zambia's economic growth by focusing on sustainable development in mining and energy.
Views: 959 CNBCAfrica
Today News - Chipmakers are a canary in the coal mine for tech, with China tariffs underway
 
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Today News - Chipmakers are a canary in the coal mine for tech, with China tariffs underway Halloween came early this year for tech stocks. Although markets rebounded modestly on Friday, techs suffered their worst single-day declines in seven years on Wednesday, and then the bloodbath continued on Thursday.  Onlookers pinned the rout on a toxic brew of rising interest rates, trade conflicts and plain old jitters after whats arguably been the longest bull market in history. And now, everyones hunting for signals on what comes next. But the best place to scope out the tech sectors future... Source: http://c.newsnow.co.uk/A/2/958358556?-42097:28482:3 © Today News THANK YOU for your watching SUBSCRIBE my channel for more videos: https://xuri.co/todaynews ─────────────────── ▼ DISCLAIMER : ➤ If you have problems about copyright or label, please contact me via email or YT inbox. Thank you :) ➤ If you wanna use my uploads in your videos/streams, please give a link back to my original video, thats all ;) #TodayNews #News #News24 #LiveNews #NewsLive #NewsToday
Views: 578 Today News
Nearly 1,000 South African workers trapped in gold mine for 30 hours rescued
 
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In South Africa - nearly a-thousand workers were stuck in a gold mine after the power went out. A storm knocked out power Wednesday night. Union leaders say the incident demonstrates the continuing safety problems in South Africa's mines. They're calling for a thorough safety audit before heading back to work.  CGTN's Angelo Coppola has details. Sibanye Stillwater, owners of the mine confirmed that all the miners are healthy and recuperating after their ordeal. The company will also shortly begin trauma counseling. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews »» Watch CGTN «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York City • Time Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los Angeles • Charter Cable - Channel 562 • Time Warner - Channel 155 Satellite Nationwide • DISH TV - Channel 279
Views: 197 CGTN America
Global Business 1st July 2015 - Funding From AIIB
 
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African members of the Asian Investment and Infrastructure Bank, set hopes for alternative funding for development on the new lender A confrontation looms at the miners wage talks, as unions reject a 13% salary hike offer from mining companies Traders is Tanzania feel the pinch of a weaking shilling against dollar
Views: 478 CGTN Africa