Friday, July 26, 2019

Capital Flows to Africa: China versus United States

The Africa Report, which is published by the Jeune Afrique Media Group, ran on 25 July 2019 an analysis titled "The US Must Pay Attention to New Chinese Capital Flows to Africa" by Aubrey Hruby.

The author argues that the strategic threat to future US competitiveness in African markets are not Chinese government-to-government loans to finance infrastructure, but rather the growing Chinese footprint in areas of traditional US investment strengths, such as foreign direct investment, private equity, and venture capital.