Both China and the GCC seek to secure resources in Africa; where China tilts towards oil and gas, the Gulf states prioritise agricultural investments. They also bring complementary resources to Africa.
Beyond finance, China can provide the critically needed industrial, technological and infrastructural capabilities to upgrade Africa’s productive capacities. Clean technology is a key driver of foreign direct investment (FDI) in Africa, and a sector where China has a clear edge.
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China-built hydropower station in Angola enters main…