Tuesday, May 28, 2024

China Investing Heavily in African Minerals

 Reuters published on 28 May 2024 an article titled "Post-COVID China Is Back in Africa and Doubling Down on Minerals" by Rachel Savage and Duncan Miriri.

China-Africa trade continues to grow but mostly on the basis of more Chinese exports to Africa.  Chinese loans to Africa dropped sharply after COVID-19 and have not yet demonstrated significant signs of revival.  Chinese investments, mainly in mineral projects, have, however, increased impressively.