How to separate the myths and realities of China’s role in tackling Africa’s infrastructure deficit
By Andrew Alli
Chinese president Xi Jinping is visiting a number of African countries this week. This brings up the usual debates about Chinese activities in building and financing infrastructure in Africa and whether China is ultimately good or bad for the continent.
China’s investments in Africa are already huge, it was the fourth largest foreign investor in Africa spending about $40 billion in 2016, according to UNCTAD’s World Investment 2018 report (pdf, page 38). It came behind the US ($57 billion), the UK ($55 billion), and France ($49 billion). But China’s investment is growing much faster. I am sure Xi will sign some interesting investment agreements during his visit.