Business Day (Johannesburg)

Africa: Chinese Hungry for Africa Projects

Hopewell Radebe

31 August 2009


Johannesburg — A CHINESE government initiative to support business partnerships between Chinese and African entrepreneurs is battling to find suitable infrastructure development projects and business in Africa.

The China-Africa Development Fund is a 5b n Chinese government initiative to support business partnerships between Chinese and African entrepreneurs.

"Maybe the challenge is the way we have been disseminating the information which explains what the fund is about and who qualifies," says Wang Yong, the fund's CEO .

The fund established offices for the Southern African Development Community (Sadc) in Johannesburg in March . Since its establishment in June 2007, the fund has facilitated more than 20 investments in Africa, amounting to nearly 400m .

The fund was established by President Hu Jin tao after the 2006 Beijing Summit of the Forum on China-Africa Co-operation.

Wang says the fund is speaking to the embassies and trade officials of African states represented in China to encourage them to take the information to their respective countries.

The fund is finding it increasingly challenging to fund infrastructure programmes in most African states because of the lack of essential facilities, including sound telecommunications systems, says Wang.

"We find that they (prospective business partners) expect countries to have basic technology and sufficiently operational ports, airport and roads ...unfortunately these facilities are not necessarily available in some countries on the continent," he says.

Liu Xiaolei, the fund's Sadc head , says it is looking at supporting major regional infrastructure ventures such as the envisaged electricity transmission lines between SA and Mozambique, SA and Zambia, as well as Zambia and Botswana and Namibia and Zimbabwe.

"Cross-border infrastructure projects are the key that will unlock economic growth for many regions on the continent.

"Good road and rail links between neighbouring states ... boost trade and stimulate the economy," Liu says.

The fund will also be investing in the industrial and trade parks set up by Chinese enterprises in Africa .

"Trade parks have advantages since they improve African countries' capability in processing and export, and promote their trade balance and economic development."

There have been calls for African countries to trade more among themselves and for Africa to focus on developing its own market of 800-million people.

Wang says the fund is mandated to look favourably at proposals by African entrepreneurs who want to expand into China.

"We believe we equally need Africa to share its expertise with us and to also take advantage of opportunities in our market," he says.

Last year the fund identified and funded four projects worth hundreds of millions of rand. They included construction of the first phase of the Ghana power station, in which the fund partnered with the Shenzhen Energy Investment Company.

The fund is investing in agriculture and manufacturing industries as well as in the natural resources industries including oil, gas and mineral resources, and aims to establish representative offices throughout Africa.

Read comments. Write your own.

More News on allAfrica.com

Copyright © 2009 Business Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

AllAfrica - All the Time
Author: upliftdarace_144
Mon Aug 31 18:40:16 2009

John 10:10

The thief (D-Evil) comes to steal,kill, and to destroy: I (Jesus Christ) have come that they might have life, and that they might have it more abundantly.

[Daniel 11:14 ]] And in those times there shall many stand up against the king of the south(AMERICA / BABYLON ): ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !

INFERIORITY = UNEQUAL EXCHANGE ANY KIND OF EXCHANGE MUST BE AS EQUALS

Currency Exchange is designed to puff up certain peoples and nations over others. The numbers are constantly telling some that they are inferior to others. The problem intensifies when those being manipulated by this financial scam buy in to this wicked scheme.

What’s the solution to INFERIORITY CURRENCY EXCHANGE ? Stop giving away our souls one piece of money ( dollar , pound, franc, rand, deniro, rupal, euro, Chinese renminbi, rupee, Russian ruble,etc..) at-a-time .

Do research on what price your product gets in the so-called First World countries. And demand that price. This will not work unless people at the local areas do this together. Form Co-Ops and agree to charge the prices you deserve.

2) INFERIORITY = Pay by Time

There is another system used to oppress people that feeds the business owners with a lust for MORE profit. One year they may have profits of 50%, the next year they may have profits of 100%, the next year their profits may only be 75%. The system in the world will consider that going from 100% profits to 75% profits is bad for business.

How is that bad ? Profits are profits ! Many businesses have different levels of pay for the same workers.; levels such as :

a) Top Salaries – Private and only known to each individual workers b) Medium Salaries – Private “ “ “ “ c) Lower Salaries – Private and only known to each individual workers d) High Hourly Wages e) Medium Hourly Wages f) Minimum Hourly Wages

I suggest that EVERY WORKER SHOULD BE PAID A LIVING WAGE. The Minimum Wage is like a financial ball and chain ; only giving those receiving it just enough to live to see the next day.

The Living Wage allows workers to live, invest, spend, save, and thrive. We can dream about having our own businesses , then wake up and attain our dreams. This is great for the businesses that pay Living Wages. For this creates new customers and new generations of customers.

As long as the system of Living Wages is in place, there will be a thriving economy and a blooming world full of optimistic activities. But it will only happen when business owners see the benefit of paying more pennies to make more dollars ! Which of you business owners will have the insight, recognition, roots, understanding, initiative, moxy, & compassion to make the step most are afraid to make.

John 10:10

The thief (D-Evil) comes to steal,kill, and to destroy: I (Jesus Christ) have come that they might have life, and that they might have it more abundantly.

[Daniel 11:14 ]] And in those times there shall many stand up against the king of the south(AMERICA / BABYLON ): ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !

INFERIORITY = UNEQUAL EXCHANGE ANY KIND OF EXCHANGE MUST BE AS EQUALS

THE TRUTH ABOUT DIAMONDS –

Did You Know That The Robbers Have Warehouses Full Of 55 Gallon Drums Each Full Of Raw Uncut Diamonds ?

The Wicked Are Using The Same Schemes On Us. : 1) They Hoard Riches ; Controlling The Supply So We’ll Think The Supply Is Low 2) This Scheme Helps Them To Get A Higher Price & Deceives Most Of Us Into Believing That Things ( Such As Diamonds, Gold, Oil, Etc..) Are In Short Supply & Even Due To Run Out.

Diamonds Are In Abundance And Their Supply Is Being Controlled By Persons Under The Control Of Spiritual Wickedness In High Places (Ephesians 6:12) .

We Saints Serve An Infinite God, What He Placed Here On This Earth For His Children Is Also Infinite. When You See A Volcano Or Magma ; The Liquid Land Flowing Out Of Volcanos, Think Of Growth. The Earth Is Steady Growing.

Once God Settles Things With The Rightreous & Un-Righteous . [Definition – Righteous Means The Desire To Do Right ]

Diamonds Are In Abundance And Their Supply Is Being Controlled By Persons Under The Control Of Spiritual Wickedness In High Places (Ephesians 6:12) . [http://janineroberts.org/]

1. The Bakken Oil Field Find

2. 55 gallon drums fulls of unprocessed diamonds.

* These are just a few of the suppressed world riches this beautiful world created by God (Jehovah, Father of Jesus Christ)..

3. Minister Lindsey Williams has known for 30 years of a major oil find in Alaska.

* He says that he sat in on meetings of the rich and powerful. These men decided not to use this oil to help America.

* Beware Africans, the wolves of deception are always around riches.

* Hosea said we perish for two reasons. Most people only remember one reason why we perish.

- Hosea said MY PEOPLE PERISH FOR LACK OF KNOWLEDGE

- AND…because they REJECT KNOWLEDGE

- In other words, they DON’T KNOW & THEY DON’T WANT TO KNOW !!!!

4. For those who want to know I suggest you guys who can get the Internet do these things :

a) Listen to broadcasts like : Alex Jones (Infowars), Derry Brownfield, The Power Hour

(Joyce & Dave), Jeff Rense, and other broadcasts on the Genesis Communications Network.

b) Here’s an appetizer of information on the subjects I have just written on :

• Do a search use IX Quick search engine .They don’t record your computer’s address ; protect your privacy [ http://ixquick.com/]

• Here are three(s) separate subjects that I mentioned that you can search for

(i) – Bakken Oil Field Find

(ii) – Lindsey Williams (YouTube videos)

(iii) – Janine Roberts :Glitter & Greed : The Secret World of The Diamond Cartel

ANOTHER SUGGESTION IS FOR THOSE LIVING IN THE CITY TO POOL THEIR RESOURCES TOGETHER AND MAKE NEIGHBORHOOD COOP GREENHOUSES . HERE YOU CAN GROW SOME KIND OF FOODS AND NOT BE TOTALLY DEPENDENT ON GROCERY STORES.

Our only enemies are in Hell , waiting for their life-sentence of damnation.

You are in my prayers. Pray for each other too

Have Faith in God and Love for each other. May The Lord God Bless You real good

The Swine Flu Vaccination Hoax - Explained URL – [http://www.youtube.com/watch?v=SbFxV_C8Yw4 ]

[Check Out :

3) Who Brought The Slaves To America ? URL = [ http://www.youtube.com/watch?v=JuzhnKy63io ] Or [http://wideeyecinema.com/?p=911]

WAKE UP !!! STAY UP !!!

[http://www.infowars.com/infowars.asx] / [gcnlive.com] / [http://alexjonesringtones.net/] Life Is A Game. Have Fun . Luke 18:17 - Isaiah 11:6

Author: upliftdarace_144
Thu Sep 3 17:09:28 2009

Building Our Own Global Communications Infrastructure - GTUC FM Internet Broadcast

Black Star Media spurred by the initiative of people like Brother Keidi Obi Awadu are building Radio Stations . One Of Their Grand Projects Is In Accra , Ghana.

What can you do ? - Donate to the projects. - Become a member of [ livinginblack.com] - Use your own God-given initiative to guide your will to help. - [ http://livinginblack.ning.com/forum/topics/building-our-own-global ]

WAKE UP !!! STAY UP !!!

[ libradio.net ]

[http://www.infowars.com/infowars.asx]

[gcnlive.com]

Life Is A Game. Have Fun . Luke 18:17 - Isaiah 11:6


SELECT
SELECT

Most Active Stories: South Africa

Topics