Friday, January 16, 2015

Update on China Africa Development Fund

The Centre for Chinese Studies (CCS) at Stellenbosch University published on 13 January 2015 a brief analysis titled "China Africa Development Fund: Beyond a Foreign Policy Instrument" by Zhang Qiaowen, who is affiliated with CCS.

The China Africa Development Fund currently has $3 billion and has invested $2 billion.  The author concludes that it is a useful tool for outward direct investment but still has a long way to go in terms of financing, operations, and investment. 

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