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Bringing Africa into the manufacturing global value chain

by Joseph Ngwawi This Paper seeks to unpack how SADC and the rest of Africa can seize the opportunities presented by the region’s – and continent’s – strategic cooperation with global partners, particularly with China. The paper argues that since natural resources – energy, minerals, and agriculture – will remain Africa’s comparative advantage for the foreseeable future, the priority of any active transformation strategy should be to establish a strong, diversified resource-based economy that takes advantage of the blossoming economic ties with China. Download

China-Africa cooperation scales new heights

by Munetsi Madakufamba in Johannesburg, South Africa Since the formation of the China Africa Forum 15 years ago, relations between the two sides have continued to scale new heights in the areas of economic, cultural, political and security spheres.

IMF recognizes Chinese currency as global

by Phyllis Johnson The International Monetary Fund has recognized the reality of China’s place in global finance by adding the Chinese currency to its global basket of currencies.