ADCC is sharing this info about China to demonstrate the investment potential in Africa. ADCC can offer the same investment opportunities including funding guarantee.
China and Africa have been partnering on investments for approximately the last eleven years. In September 2018, delegates from both countries met at the seventh Forum on China-Africa Cooperation. The collaboration and cooperation makes Africa one of the China's greatest allies in the current global market environment.
The level of China's investment in the continent of Africa has been increasing at a steady rate. At the 2018 China-Africa Cooperation Forum, China announced it would be providing $60 billion in financial support to Africa. In this article, we'll review why China has prioritized and increased its investment in Africa.
In this article, we'll review why China has prioritized and increased its investment in Africa.
Some of the primary motivations that lie behind China's push toward increased investments in African nations include the desire to secure a solid base of raw materials to fuel China's own rapidly growing economy, the desire to increase China's global political influence and the major growth opportunity presented by emerging market economies in Africa.
- Promoting intra African trade with the African Diaspora and the global community.
- Promoting an African Town concept within seven (7) continents.
- ADCC green and renewable energy initiatives for the continent of Africa.
- Promotion of protein value chain in Africa with a pilot fish farming and processing facility in Africa.