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Sat,18Nov2017

China Development Bank

The grace period is over

Around-the-clock sermons about brotherly love and religious music blared from radio and television sets in the week leading up to the Supreme Court's verdict on Ghana's presidential election petition.

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Ports: Emerging players seek concession opportunities

DP World’s Doraleh Container terminal in Djibouti/Photo©Vincent Fournier/JADubai's DP World manages ports across the continent, while Chinese financiers are backing a mega-port in Tanzania and other projects in South Africa.

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Ghana: Power plans stalled by tight purse strings in Accra

Sinopec’s gas processing plant at atuabo could be delayed until early 2014/Photo©SpyGhanaWhile the Ghana government's failure to release funds to Sinopec looks set to delay its processing plant, explorers are going lukewarm over the Exploration and Production Bill.

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China's Exim bank: Africa's largest financier looks for an even bigger role

China Exim and the China Development Bank gave $120bn in loans between 2009 and 2010/Photo©JING WEI/IMAGINECHINAAlready the largest stakeholder in Africa's export-import bank, Beijing is cementing its role on the continent, with new loan pledges such as $20bn promised at a summit in July.

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China-Africa: Beijing calculates its balance of interest

Chinese lending has attracted a lot of attention from the World Bank and International Monetary Fund (IMF)At the 19-20 July Forum on China-Africa Cooperation in Beijing, the Chinese government pledged $20bn in new loans over the next three-year period.

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