China and Botswana sign economic and energy deals

Nov 21, 2010 12:00 AM

Chinese Vice President Xi Jinping signed several economic deals with Botswana, the world's biggest diamond producer, including one offering the southern African country $ 6 mm for development.
Xi, touted as China's next president, arrived in Botswana, the last stop on his Africa tour, after visiting oil producer Angola, China's biggest African trading partner, and South Africa --Africa's biggest economy.

Vice President Mompati Merafhe and Xi signed three cooperation deals, including an Economic and Technical Cooperation agreement, under which China is to provide Botswana with aid worth RMB 40 mm.
The two also signed an infrastructure and energy deal between the national utility Botswana Power Corporation and China Development Bank and Golden Concord Group, it said. The other agreement was on financial projects between the Botswana government and the Export-Import Bank of China.

Xi signed an energy deal with South Africa in a visit aimed at obtaining minerals the Asian giant needs to fuel its blistering growth. China's mineral diplomacy has been criticised for its secrecy and for bolstering governments that Western states accuse of human rights violations.
A senior World Bank executive said Chinese companies eyeing African mineral resources must stop making closed-door deals and become more transparent in their investments.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« May 2019 »
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31

Register to announce Your Event

View All Events