China-Africa: Daily News Round-Up 070208
In this four minute-long video clip from an event at the Asia Society in New York on June 18th, 2008, corporate lawyer and human rights advocate Scott Greathead outlines China’s stance on the Darfur issue, including Mia Farrow’s “Dream for Darfur” campaign and her boycott of Olympic sponsors. The campaign has announced alternative TV programming during the Olympic Games with Mia Farrow reporting live from refugee camps in Darfur. Viewers are encouraged to switch to that programming during the commercials running in-between televised Olympic events from Beijing, in particular during the commercials by 25-30 global companies that are paying $100 million or more for their Olympic sponsorships.
AfriMonitor: Exploring ChinAfrica
AfriMonitor, a newly formed venture that aims to be a market research portal for the Africa-focused global business audience, has published a Trend Brief entitled “Exploring ChinAfrica” (PDF) which covers a few familiar facts on Sino-African relationships. The site also has a news aggregation section for “China-Africa“.
Kenya Steps Up Bid to Woo Chinese Investors
From Business Daily Africa:
Kenya has stepped up campaigns to woo Chinese traders to invest in the country. The move is aimed at correcting the unfavourable balance of trade between the two nations.
Ministry of Trade data indicates that deficit grew to Sh44.22 billion last year, up from only Sh3.68 billion in 1997. The bid to market Kenya as the most favourable investment destination in the region is the subject of a two-day China-Africa Development Fund (Cadfund) workshop in Nairobi.
Trade minister Uhuru Kenyatta has urged the Chinese delegation to consider investing in the export processing zones where investors enjoy an array of tax incentives including a 10 year tax holiday.