Is Chinese Investment in Africa Mutually beneficial or lopsided?
In 2009, China surpassed the United States as Africa’s largest trading partner; with an investment value of US$166 billion in 2011, China not only invest in the manufacturing sector of Africa but gets a 3rd of its oil import from Africa.
Despite this record, some economists and stakeholders still see China’s interest in African economy as a contentious issue. This Episode of Invest Africa has KPMG Partner, Glenn Ho and other professionals looking into this seemingly contentious relationship.
About David Okwara
Africa, Africa brief, Africa challenges, Africa opportunities, African countries, agriculture, Angola, challenges, China, development, East Africa, economic growth, economy, Ethiopia, FDI, financial services, Foreign Direct Investment, foreign investment, GDP, Ghana, government, growth, infrastructure, investment, Kenya, KPMG, KPMG Africa, Oil and gas, opportunities, private sector, sub-Saharan Africa, Zambia, Zimbabwe