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III. C. Commercial Policies: THE ROLE OF CHINA’S PUBLIC SECTOR
Market access and trade policy are important in fostering China-Africa trade. The Chinese government in January 2005 implemented the Special Preferential Tariff Treatment (SPTT), which removes the tariff from some 190 items exported to China from 25 of the least developed countries in Africa.
II.B. Official Development Assistance and Debt Relief: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
China started providing aid to Africa in 1956. By May 2006, it had contributed a total of 44.4 billion yuan (US$5.7 billion) for more than 800 aid projects, according to a researcher at the Chinese Academy of Social Science (He, 2006).
Powering Africa
The demand for nuclear energy as the most efficient form of energy that does not emit carbon dioxide will grow in the future as urgency grows for finding solutions to global warming and climate change, participants in this session heard.
Wanted: jobs for Africa’s youth - Policy Reforms
“For successful poverty reduction, African countries have to be in the driver’s seat,” says World Bank Africa Region Vice-President Gobind Nankani. “Africans know best where the shoe pinches. They should craft their own poverty-reduction strategies based on national realities.”

Wanted: jobs for Africa’s youth - Public Works
In many countries, immediate, short-term solutions are needed to quickly ease the burden of unemployment. Public works programmes are a popular option. South Africa, which commits more than $800 mn to public works, has one of the best programmes on the continent, reports the ILO. In terms of technical design standards and the quality of completed physical infrastructure, the country’s public works programme “was regarded as surpassing anything that the ILO members of an evaluation team had encountered in more than 30 developing countries in Africa, Asia and the Pacific,” notes the ILO.

Other countries in africa Related Articles

Wanted: jobs for Africa’s youth - Public Works
In many countries, immediate, short-term solutions are needed to quickly ease the burden of unemployment. Public works programmes are a popular option. South Africa, which commits more than $800 mn to public works, has one of the best programmes on the continent, reports the ILO. In terms of technical design standards and the quality of completed physical infrastructure, the country’s public works programme “was regarded as surpassing anything that the ILO members of an evaluation team had encountered in more than 30 developing countries in Africa, Asia and the Pacific,” notes the ILO.

2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa (3.5 per cent).
Sub-Saharan Africa Learning What Works
Africa is the world's poorest continent. But for the first time in a generation—amid all the bad news—there is hope for change. An increasing number of countries in sub-Saharan Africa are showing signs of economic progress, reflecting the implementation of better economic policies and structural reforms.
Improving Management of Oil Revenue during Periods of Price Booms
With more than 100 billion barrels, Africa had 9 per cent of the world’s oil reserves by the end of 2003. Half are located in North Africa. In sub-Saharan Africa, the oil-producing countries can be divided into three categories: the old ones where production is in decline (Congo, Cameroon and Gabon); those where production is still on the increase (Angola, Nigeria); and the new members of the club (Equatorial Guinea, Chad and São Tomé and Principe). However, most of these countries have suffered from the “oil curse” finding themselves heavily indebted and impoverished.
Update: NEPAD e schools Initiative
The ambitious NEPAD e schools project aims to impart ICT skills to young people throughout the continent, reaching 600,000 schools in 54 countries over the next ten years. Henry Chasia, Executive Deputy Chairperson, The NEPAD e Africa Commission, South Africa, said this is a massive undertaking. It is necessary to have partnerships, and the private sector IT companies have joined from the very beginning.
Making Finance Work for Africa
South Africa’s success in getting the financial sector to extend services to poorer communities could be adapted for other African countries, said Trevor Manuel, Minister of Finance of South Africa. He told participants that this is exactly what has been achieved by South Africa’s Financial Sector Charter. The charter was developed some four years ago by the financial sector, including banks and insurers, after the government urged it to transform its practices and policies
III. C. Commercial Policies: THE ROLE OF CHINA’S PUBLIC SECTOR
Market access and trade policy are important in fostering China-Africa trade. The Chinese government in January 2005 implemented the Special Preferential Tariff Treatment (SPTT), which removes the tariff from some 190 items exported to China from 25 of the least developed countries in Africa.
CONCLUSION: What Drives China’s Growing Role in Africa?
This paper intends to provide an assessment, based on fractional information, of China’s economic involvement in Africa and to identify the forces shaping burgeoning China-Africa economic relations. The study is undertaken against the background of a rapidly changing landscape of international trade and finance that has eclipsed traditional aid flows to middleincome countries, making Africa ever more central for development finance.
The Nigerian Context - A Story of Decline: Exploring entrepreneurship in a declining economy
Nigeria is usually referred to as the giant of West Africa in that, with a population estimated at over 100 million, one in every two West Africans is a Nigerian. The country's GDP is larger than that of all the other countries in West Africa combined. Its GDP is actually larger than that of all countries in the African continent with the exception of South Africa. (Adaya, 1998).

Is Africa Choking on its own development?
Majority of African countries have reported increased economic growth rates over the past year signalling a wave of new foreign direct investments on the continent. This is good news given that increased returns from such investments will fuel Africa’s quest for development. However, this has had some negative connotations because benefits of such growth are not visible in major cities across Africa.

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