Written by The Queensway syndicate and the Africa trade
23 August 2011
WHEN the man likely to become China’s next president meets an African oil executive, you would expect the dauphin to dominate the dealmaker. Not, though, with Manuel Vicente. On April 15th this year the chairman and chief executive of Sonangol, Angola’s state oil firm, strode into a room decorated with extravagant flowers in central Beijing and shook hands with Xi Jinping, the Chinese vice-president and probable next general secretary of the Communist Party. Mr Vicente holds no official rank in the Angolan government and yet, as if he were conferring with a head of state, Mr Xi reassured his guest that China wants to “strengthen mutual political trust”. more>>>
Written by danquahinstitute.org
22 August 2011
Policy think tank, Danquah Institute (DI) has raised an alarm over what it describes as the "strange and dangerous” manner in which the Mills-Mahama led National Democratic Congress government is trying to secure a $3 bn Chinese loan facility to finance a number of projects, including the Achimota-Ofanko Road, a $150 communications infrastructure for the National Security Council and a $100 million capacity building exercise for the Ghanaian SMEs.
The Parliamentary Joint Committee of Finance and Poverty Reduction is currently meeting in Koforidua, ostensibly to scrutinise, among others, the US$3 billion commercial term loan facility between the Republic of Ghana and the China Development Bank.
Written by Centre for Strategic & International Studies
19 August 2011
Ghana's prospects for long-term stability are being undermined by important structural weaknesses. the political system is highly centralised, the executive is excessively powerful, and patronage politics is corroding public institutions. Social pressures are building due to the slow decline of the country's agricultural sector and its inability to provide jobs for its growing workforce.
In the next 5 to 10 years, the main threats to Ghanaian stability will stem from the social and macroeconomic impact of its new oil export sector, the influence of drug trafficking on its political system, and youth unemployment. more>>>
Written by danquahinstitute.org
18 August 2011
The Parliamentary Joint Committee of Finance and Poverty Reduction is currently meeting in Koforidua (Tuesday, August 16 – Saturday, August 20) ostensibly to scrutinise, among others, a US$3 billion commercial term loan facility between the Republic of Ghana and the China Development Bank (CDB) to finance a series of projects, including the Achimota-Ofankor Road, a $150 communications infrastructure for the National Security Council, and a $100 million capacity building exercise for Ghanaian SMEs.
- Postponement of Liberty Lecture
- Press Release: Bank of Ghana’s response to allegations of illegal money transfers into Ghana
- Report: Tackling the $1bn illicit money transfer business to Ghana
- DI laments Government decision to stop Ghana’s multi-billion off-shore banking
- Why China needs Africa more
- Outlawing Criminal Libel Laws in Ghana
- Address by Ambassador Kabral Blay-Amihere on occasion of 10th anniversary of repeal of criminal libel law and media foundation for West Africa
- DI press statement on tackling the $1bn illegal money transfers to Ghana