Forbes – The basis of Chinese investment in Africa is now changing, perhaps in part due to slowing growth in China and the crack downs on corruption taking place in China and in many African countries, notably Nigeria. In fact, both traditional Western and Chinese investors have acknowledged over the last two years that new, business-focused, transparent investment strategies are urgently required for Africa.
More from The Black Report®
- January 18, 2017 In Trade With Africa, US Is Playing Catch-up VOA News - The U.S. may be a global superpower, but when it comes to trade and investment in Africa, it lags far behind. China, with $200 billion in trade with the […]
- February 8, 2017 Africans Take To The Rails, With China’s Help The New York Times - Chinese companies, many of them state-owned and grappling with an economic slowdown at home, have stepped unto the breach, spending some $50 […]
- March 23, 2017 Inside China’s Almost-Totally-Legal $400M Fishery In Africa Wired - The ship, known as Fu Yuan Yu, is one of more than 400 Chinese fishing vessels trawling the coast of West Africa, pulling some three million tons of fish […]
- November 6, 2017 Africa’s Richest Man Pledges $100M To Fight Malnutrition In Nigeria Forbes - Aliko Dangote, Africa’s richest man, has pledged to invest $100 million over 5 years to tackle malnutrition in Nigeria’s worst affected regions.The […]