MagIndustries Corp MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.

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MagIndustries Corp

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Post by deliceon Mar 08, 2013 8:38pm

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China-Africa: the future Chinese President Xi Jinp

China-Africa: the future Chinese President Xi Jinping will make his first visit abroad in Africa

The future Chinese President Xi Jinping will visit South Africa on 26 March for a state visit and take part in the summit of Brics (Brazil, Russia, India, China, South Africa), which opens March 27 in Pretoria, said an official statement.

Formally appointed head of China in the coming days, he also plans to make a long African tour, which should include the lead in Congo on 29 and 30 March where he will meet with his counterpart Denis Sassou Nguesso, according continental weekly Jeune Afrique.

For the CEO of Frontier Advisor, Martyn Davies, this visit is "extreme symbolic importance" given the economic interests that bind China and South Africa in particular and Africa in general.

The China-Africa relations have taken off under the chairmanship of Hu Jintao. The arrival in Africa sends Xi Jinping, according to Martyn Davies, "a clear signal that political tour to Africa will continue."

"This highlights the geopolitical shift of power and increasing geo-economic westward to new countries," he said.