Tuesday, June 23, 2015

African Investment in China

The Africa Report published on 18 June 2015 a brief article titled "Africans Invest Billions of Dollars in China" by Bo Li, who writes for the United Nations Africa Renewal magazine.

While we read a great deal about Chinese investment in Africa, not much is written about African investment in China, which cumulatively totaled more than $14 billion at the end of 2012.  Most of it came from South Africa, Nigeria, Mauritius, and the Seychelles.  Much of the investment money from Mauritius and Seychelles originated elsewhere and constituted pass through funding because of favorable tax treatment offered by these countries.