The Africa Effect

As much of the world economy struggles, one market in particular actually appears to be flourishing. Hello 2020 charts Africa’s economic regeneration

China has become a major investor on the continent, operating primarily through state-owned companies. It is capitalising on long-standing trade relations with Africa, which for decades has been a destination for Chinese goods. Now, Chinese companies are playing a far larger role in the continent’s development, building its infrastructure – from roads to telecommunications equipment – not to mention buying up stakes in its oil fields.

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