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MEMORANDUM Nº 229/2012 12/12/2012
The EBCAM’s Memoranda are issued with the sole purpose of provide daily basic business and economic information on Africa, to the 4,000 European Companies affiliated with our Members, as well as their business parties in Africa. Should a reader require a copy of the Memoranda, please address the request to the respective National Member. See list of National Members at www.ebcam.org. SUMMARY: ONE) – ZAMBIAN SUSTAINABLE ENERGY INFRASTRUCTURE GETS EUR50M EIB SUPPORT – Page 2 TWO) - POST-CONFLICT WEST AFRICAN POWER NETWORKS GET EUR 75M EUROPEAN SUPPORT – Page 2 THREE) – CHINA’S TOPS IN SOUTH AFRICAN TRADE – Page 3 FOUR) - AFRICA: KOREA PLEDGES U.S. $590 MILLION SUPPORT TO AFRICA – Page 4 FIVE) – AFRICA’S WEALTH FLOODS OFFSHORE AS LEADERS, CORPORATIONS USE BANKS TO HIDE FORTUNES – Page 6 SIX) –TANZANIA: TRANSIT OIL TANKERS ACCUSED OF INTERFERENCE AT PORT – Page 8 SEVEN) – ZUMA PROPOSES $97 BILLION BUILDING PROGRAM IN SOUTH AFRICA – Page 9 EIGHT) – THE SAD TRUTH: SOUTH AFRICANS ARE NOT BIG SAVERS – Page 9 NINE) – BUMPY ROAD AHEAD FOR MOROCCO – Page 10 TEN) – JAPAN AGREES TO GRANT TUNISIA $600M LOAN GUARANTEE – Page 11 ELEVEN) – MAURITIUS TO BUY $100M IN FOREIGN CURRENCY – Page 12 TWELVE) – PIRATES CONTINUE DISRUPTION OF NIGER DELTA OIL TRADE – Page 12 THIRTEEN) – ESKOM STRUGGLING TO RESTORE POWER IN RAINY E. CAPE – Page 12 FOURTEEN) – SOUTH AFRICA: INFRASTRUCTURE NEEDS INVESTORS – ZUMA – Page 13 FIFTEEN) – EU MOVES CLOSER TO MALI MISSION – Page 14 EBCAM NEWS COOPERAÇÃO – Page 14
ELO – ASSOCIAÇÃO PORTUGUESA PARA O DESENVOLVIMENTO E A
European Business Council for Africa and the Mediterranean The European Private Sector Organisation for Africa’s Development