South Africa's president Kgalema Motlanthe, current chairman of the Southern African Development Community, SADC, has been mandated to present a request for an eight-billion US dollar lifeline for Zimbabwe at the G20 summit in London on April 2. He will also have the unenviable task of pleading with the leaders of the world's richest countries to lift travel and visa restrictions imposed on President Robert Mugabe and more than 200 of his party leaders, government officials and loyalists.

In China’s long history, its leaders have managed other rises in power and preeminence, but the current rise confronts them with a different set of challenges on a global scale. This two-part series reflects on how China handles its rise and responds to other global powers. In the first article of the series, leading historian of China’s foreign relations, Wang Gungwu, details the considerations for Chinese leadership as the country moves beyond a global role largely limited to trade, exports and economics.

In the Great Depression, as in the current economic crisis, the downturn was particularly severe because of a lack of leadership in the international order. The dominant financial power of the 19th century, Britain, was financially exhausted by the First World War. The new major creditor, the United States, had emerged as a strong economic player, but did not yet have leadership committed to the maintenance of an open international economic order. The simple diagnosis was that Britain was unable to lead, and the United States unwilling.

Macau and South Africa can benefit from a co-operation between the two, Jerry Vilakasi, chief executive officer of the Business Unity of South Africa (BUSA), has said. Speaking to the Macau Daily Times before attending a dinner and cocktail reception with the South African Consul where he was invited as a key speaker, Vilakasi said that with tourism, infrastructure investments and gambling as the major sectors in Macau, both would benefit from a co-operation.

Stated-owned Sinohydro Corp, the largest hydropower engineering and construction company in China, recently won a hydroelectric project in West Africa, according to information released yesterday by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), sources reported. The EUR 282 million contract was signed by Communaute Electrique du Benin (CEB), Benin's state-owned electricity company, and Sinohydro Corp, in Lome, the capital of Togo, on Mar. 12.

“On March 26, the Japanese government offered the Zambian government a loan worth US $274 million for the implementation of the Increased Access to Electricity Services Project to cover five areas in the country”, observes Tina Nanyangwe-Moyo, Coordinator of the JCTR’s Debt, Aid and Trade Programme.

China Friday called on the international community to "act cautiously" on the Darfur issue as it is afraid rash action could damage peace and stability in Sudan. "The involved parties should fully respect and listen carefully to the voices of the African Union (AU), the Arab League and African and Arabian countries," Chinese Vice President Xi Jinping said in his meeting with visiting Sudanese president's envoy Awad Ahmed al-Jaz in Beijing

A lecturer in African Politics at the Oxford University, England, Dr. Abdul Raufu Mustapha has called on Nigeria to be cautious in its relationship with China, a technological giant and rising world power. He said that while the technology and friendship of China could be beneficial, Nigeria and Africa must be discerning enough not to allow China undermine their interests.

Top Asian oil refiner Sinopec Corp (0386.HK) is eyeing overseas projects for its exploration and production business, as the sharp fall in crude oil prices spurs bargain-hunting among oil giants. Sinopec (600028.SS), who has aggressively pursued acquisitions beyond China, is focusing on opportunities in Africa and South America in the near term, Chairman Su Shulin told reporters at a media briefing on Monday.

Chinese investment in the West African state of Benin has brought substantial and visible benefits to the country but local workers mutter about exploitation and even slavery. The Beninese government and Chinese entrepreneurs insist that all is well on Chinese-run infrastructure projects but here, as in other parts of Africa, notably Zambia, there is a backlash against Chinese methods and focus on the continent’s vast natural resources.

Standard Chartered has restated its confidence in the continuing resilience of the Africa-China trade and investment corridor. Commenting, Anil Dua, Regional Head of Wholesale Bank, Africa, said: "Trade between Africa and China exceeded $100 billion in 2008." Standard Chartered Bank's senior Wholesale Banking executives have just returned from Beijing, Shanghai and Shenzen, China where they met with leading Chinese corporates with commercial interests in Africa.

According to FDI: Source from the State Property Management Commission recently, China Hydropower Group and CEB recently signed the commercial contract of Adjarala hydropower station project in Lome, capital of Togo, with the contractual amount of nearly EUR282m. The Adjarala hydropower station project is located on the Mono River where Togo and Benin meet.

China has adopted an active and responsible attitude and substantial measures to confront the global financial crisis in cooperation with the international community. It has decisively implemented an active fiscal policy and moderately loose monetary policy in a timely fashion in order to stimulate the economy.

The tiny, sweltering shop where Barnabus Ossai sells boxes of imported A4-sized printer paper is a world away from the trading floors and banking offices where the global economic crisis was born. Ossai doesn't hold a subprime mortgage — the 28-year old bachelor shares a small Lagos rental apartment with some 10 family members. And with a net worth hovering somewhere around zero, he's hardly exposed to risky collateralized securities.

Conventional wisdom has it that, in the eyes of China, Latin America and Africa are largely interchangeable: vast tracks of land full of precious commodities. It’s simple, really: China invests billions building mines, derricks, roads and schools abroad in exchange for a steady supply of oil, iron ore, copper and bauxite to feed the factories back in Zhejiang.

Cabinet ministers were among the dignitaries who witnessed the groundbreaking ceremony of Daheng Botswana Textile Industry in Phakalane on Monday morning. The project is funded by two Chinese companies, Daheng Holdings Group and Touch International Holdings Group, for US$52 million. The Phakalane Industrial Park will be the first phase of the project, which will major in textiles and clothing products.

China's presence in Africa, "taken to be massive," is no t a threat to economic good governance, Carlos Oya, lecturer in development economic policy at the School of Oriental and African Studies (SOAS) of London Univer s ity, said here on Monday. According to Oya, who spoke at a seminar on the theme of "governance for African development", said there was a manipulation effect through the media which described China's presence in Africa as a threat to economic good governance.

2 April 2009 may yet be marked as the day on which, through the catalysis of a global economic crisis, China definitively emerged as a 21st-century world power. Just a few months ago, the talk in western capitals was still about graciously inviting China to join the western club of G7 plus Russia. Now G20 is widely accepted as the new top table of world politics, and China is already seen as one of the biggest players at that table. The question now is: what kind of world power will China be?

To the dignitaries gathered at Johannesburg's convention centre last month, haunting tales of a Chinese exodus from Africa must have seemed far from the truth. Beneath vast red banners, South African officials and their counterparts from Beijing unveiled a plaque to mark the opening of the first representative office of the China Africa Fund, a $5bn vehicle to further the Asian giant's investment splurge on the continent.

China has agreed to buy bonds issued by the International Finance Corporation, an arm of the World Bank, to help finance trade credit, the People’s Bank of China said. The central bank did not give further details about the transaction in a statement on its website on April 1. The IFC’s new trade finance program “aims to provide liquidity support to financial institutions engaged in trade finance by providing them additional credit lines so as to restore the damaged trade finance channels and to fight the global economic recession triggered by the crisis,” the central bank said.