Even Amid a Pandemic, Chinese FDI in Africa Jumped Almost 10% Last Year

Chinese foreign direct investment in Africa increased by 8% in 2020 compared to the previous year, from $2.7 billion to $2.96 billion. Including the 2020 investments, the total Chinese FDI on the continent amounts to $47.4 billion, according to data in a new report published by the China Africa Business Council (CABC).

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

The post Even Amid a Pandemic, Chinese FDI in Africa Jumped Almost 10% Last Year appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/08/31/even-amid-a-pandemic-chinese-fdi-in-africa-jumped-almost-10-last-year/

Comments

Popular posts from this blog

DR Congo Receives First Shipment of Chinese COVID Vaccines

WEEK IN REVIEW: The G77 Bloc of Countries Together With China To Propose a New “Loss and Damage” Fund at the COP27 Summit

African Leaders Renew Calls for Urgent Debt Relief and Financial Assistance