President of Ghana Speaks out for Strong Independent Africa

Speaking at the Presidential Palace of Ghana on December 4, 2017 with French President Macron, Ghanaian President Akufo-Addo spoke eloquently of the need for Africa to be self-sustaining and independent. Emphasizing that when African nations became developed their people would have no need to migrate to Europe. To watch his speech click: Speech by the President of Ghana

Through Science, Africa’s Challenges Will Be Met

December 10, 2017)–South Africa’s Science and Technology Minister Naledi Pandor told the third Science Forum in Pretoria on Dec. 7, that “it is through science that many of the challenges faced by our communities can be addressed.” A primary objective of the two-day forum, she said, is “to put science in the service of African society.” She stressed the importance of international collaboration, welcoming delegates from around the world to Africa’s largest “open science” event. Pan-African cooperation, in particular, is a hallmark of all of South Africa’s science and technology programs.

The purpose of the forum was to discuss the role of science in society. She said that one objective of the forum was to “showcase African science and technology to the world. We want to change the way they talk about us.” Pandor is dedicated to promoting African breakthroughs in science, which will change the way Africa has historically been viewed, and will help eliminate the “Afro-pessimism” on the continent itself.

China Extends Loan and Grant Facilities in Zimbabwe

December 7, 2017 — In a show of confidence in the new situation in Zimbabwe, China has extended a loan and grants for key development projects. They include a concessionary loan for the upgrade of the Robert Gabriel Mugabe International Airport in Harare, and grants for the construction of the new Parliament Building and for the High Performance Computing Center being constructed at the University of Zimbabwe for a total of $213 million.

The loan and grants will be administered through the Export-Import Bank of China. Zimbabwe’s Finance and Economic Development Minister Patrick Chinamasa and Chinese Ambassador to Zimbabwe Huang Ping signed the deal in Harare yesterday on behalf of the two governments.

The $153 million loan carries a concessionary 2% interest rate and is payable over 20 years with a seven-year grace period. The expansion of the airport aims to double the airport’s capacity from the current 2.5 million passengers per year to 6 million. “The government of the People’s Republic of China also gave support to the people of Zimbabwe during the liberation struggle,” said Minister Chinamasa.

“China is the only source of infrastructure financing. If you look at Kenya, Ethiopia, and the Democratic Republic of Congo, their source of funding is China. We look forward to China and we have a lot to know from them. They are second largest economy after United States of America,” Chinamasa said. He described that the support springs from the state visit by Chinese President Xi Jinping on Dec. 1, 2015, when he pledged to support the construction of the new Parliament building, and that more deals with China were in the offing, according to the Harare {Herald}.

For his part Ambassador Huang said: “The Chinese government will continue to support the Zimbabwean government and people in their economic revival and social development. The agreement we have signed today is just a testimony of our efforts and our true friendship that withstands the test of time.” He said China was pleased to be lending financial support to Zimbabwe at “this new juncture of Zimbabwe’s social and economic development.” Zimbabwe’s new President Emmerson Mnangagwa has committed his government to correcting the policy inconsistencies that have prevented the Chinese from expanding their investments in the country, especially in infrastructure.

Nacala Corridor Project Receives $300 Million from the African Development Bank

“The African Development Bank (AfDB) and other participating co-lenders have signed agreements for the financing of the Nacala Corridor project. This is an integrated and transformative infrastructure project which consists of a 912 km railway and a port meant to unlock the Western region of Mozambique and landlocked Malawi. The total project cost is estimated at $5 billion,” the AfDB website reported. “The project has received further financial backing from the Japanese Bank for International Cooperation, Nippon Export and Investment Insurance and the Export Credit Insurance Corporation of South Africa, for an overall package of $2.7 billion in loans,” Infrastructure News website reported on Dec 5.

Upon completion, the Nacala Corridor project will fulfill West Mozambique and Malawi’s dream to connect by rail to the sea, for a cheaper way of transporting goods. Parts of yhis project have been completed, and last August, the inauguration of the Kachasu Nkaya railway section of the project has now linked Malawi to the Indian Ocean by rail. Last May, {Railway Gazette} had reported Mozambique President Filipe Nyusi inaugurating the deepwater port of Nacala-a-Velha.

This is the starting point to develop a 912 km “integrated logistics corridor” by rail, serving northern Mozambique, southern Malawi and the Moatize coalfield.According to AfDB, “the project is expected to have a catalytic effect in the region and create economic benefits for the various stakeholders, including sponsors, governments and the local population. It will enable a significant reduction in transportation costs and increase coal export volumes. Furthermore, additional capacity created in general along the corridor is expected to contribute to creating economic opportunities in the local economy, notably by increasing agricultural trade in the region.”

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He Wenping-The Belt & Road: China Shares Its Development with Africa & the World

Below are excerpts from a speech by Prof. He Wenping discussing “President Xi’s Perspective for the Year 2050 and the Perspective of African Development.”

Germany, November 25, 2017

The Industrialization of Africa 

      “Let’s quickly go to the One Belt, One Road: This is just what I call—this is not official, it’s what I call it—I think this is a 1.0 version of One Belt, One Road, because all those things you see, the Maritime one and the Silk Road continental one, go through 64 countries. In this 1.0 version, only Egypt is from Africa, among these 64 countries. But now, I think One Belt, One Road is entering 2.0 version—that is, now facing all the countries in the world. As President Xi Jinping mentioned to  the Latin American countries, “you are all welcome to join the Belt and Road.” In the Chinese “40 Minutes,” Xi said, all the African continent is  now on the map of the One Belt, One Road, the whole African continent, especially after the May Belt and Road Summit in Beijing had taken place. 

      “So now, its face is open to all the countries in the world, now it’s inclusive. Any country that would like to join, I would like to say. You see, these are two leaders in the world: People are saying “America First” is the idea. You see from abroad, Trump in the White House saying, “America First.” If anything is not too good for America, it’s not good at all. But, for President Xi Jinping, the One Belt, One Road is to make the world better. It’s not, “make China better,” because with all this Belt and Road, the Chinese foreign exchange reserves, we’re now enjoying the number-one highest foreign exchange reserves in the world.

      “So, we’re going to use those foreign exchange reserves to build all those roads—connectivity! Connect China and other countries to join together, to build trade. And there are three connectivities we are talking about: First is the policy connectivity, China’s One Belt, One Road initiative is relevant to countries, their own development strategy. For example, Ethiopia.   Ethiopia has now been named as the “next China” on the African continent. It’s not my invention, these words—many scholars have been published talking
about which country in Africa is going to be the China in Africa, which means, developing faster! Faster and leading other countries forward. Most of them refer to Ethiopia.

    ” Ethiopia has now reached an GDP growth rate, last year, as high as 8%, but the whole rest of the continent, especially the oil rich countries, are suffering from lower oil prices. So they have developed an industrialization strategy; their strategy and the China strategy should be connected. One is called the policy connectivity

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China Moves Quickly To Support  Zimbabwe Ally: Sends Special Envoy

         China’s Assistant Foreign Minister Mr. Chen Xiaodong, arrived in Zimbabwe today as China’s Presidential special envoy to meet with the new government. He has already met President Emmerson Mnangagwa. China pledged to broaden its cooperation with Zimbabwe’s new administration to quicken economic development in the country.  Chen also delivered a special invitation from Chinese President Xi Jinping to President Mnangagwa to visit China at a convenient time in the future.

          “In our talk, President Mnangagwa and I agreed that, going forward, our two sides will continue to maintain high-level exchanges, deepen communication, enhance mutual political trust and carry our traditional friendship forward,” said Chen.

          “The second point is: we are going to enhance the development strategy alignment between our two countries to ensure our practical cooperation will go deeper and broader, so as to inject more impetus to economic development and the people of Zimbabwe’s livelihood improvement. Thirdly, we will enhance solidarity and coordination in dealing with international affairs and jointly uphold the common interest of developing countries. We both have confidence in the future development of our bilateral relations.

          “My mission is to convey the message of Chinese President Xi Jinping to His Excellency President Mnangagwa to demonstrate China’s support for the people and the new administration of Zimbabwe; to exchange views on deepening our traditional friendship and enhancing our cooperation in various fields.”

          “President Xi Jinping congratulates President Mnangagwa on assumption of office in his message,” he said. “The President emphasizes that China and Zimbabwe are good friends, good partners and good brothers who have understood and supported each other over the years, and our relations have withstood the test of time, as well as changes in international situations. 

          “China firmly supports Zimbabwe in pursuing a development path suited to its national conditions, and believes that the government and people of Zimbabwe have the wisdom and capability to manage their internal affairs well,” he said.

          “President Mnangagwa said the government and people of Zimbabwe will not forget China’s support of Zimbabwe over the years, and that the government and people of Zimbabwe will not forget the precious support of China to Zimbabwe in critical moments in the development of the country, and fully appreciated the mutually beneficial cooperation between the two sides,” said Chen.

          “President Mnangagwa also emphasizes that the Zimbabwe side attaches high importance to the development of our bilateral ties and that China will become his first stop outside of Africa.”

 

 

The New Name for Peace Is Economic Development

Helga Zepp LaRouche

July 7, 2017

    I think that we are all aware that we are involved in the historically important process of trying to improve the relationship between the United States and China, in the context of the Belt and Road Initiative. It is especially important in the area of agriculture and food production, because this is an extremely urgent question. While at the G-20 meeting in Hangzhou last year, China and all the other participating nations devoted themselves to eradicate poverty by the year 2020, we have not yet reached that goal.

    Because of what China has been doing in Africa for the first time; building up huge industrial complexes.   Africans have a new sense of self-confidence, and they are telling the Europeans that: “We don’t want your sermons on good governance, we want to have investments in infrastructure, in manufacturing, in agriculture, as equal business partners.” {There is no substitute for Africans having their own manufacturing sector to help expand their agricultural output. }

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Once the United States Joins the Belt and Road Initiative, a New Paradigm for Mankind Can Begin

Helga Zepp LaRouche, May 29, 2017

China Investment Magazine, supervised by China’s National Development and Reform Commission, carried this article by Helga Zepp-LaRouche in its May issue. The article was distributed both in Chinese and in English to every participant in the May 14-15 Belt and Road Forum for International Cooperation in Beijing. In this article Mrs LaRouche presents an excellent article on the importance of infrastructure in advancing economic growth and the necessity for public credit financing.  She says:” The return on infrastructure investment is actually measured by the increase of the productivity of the entire economy. Therefore the financing can not be left to the private investor, but it must be the responsibility of the state, which is devoted to the common good of the national economy.

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