Europe and China competing for influence in AfricaCornelia MeyerIt seems Europe’s leaders have rediscovered Africa. Some African countries have emerging middle classes, which may become consumers of European goods. More than 16 percent of imports by African nations hail from China — while Britain’s share is a mere 3 percent. So far, China has invested $130 billion in Africa in the form of aid, state-sponsored investments and FDI. This has a lot to do with feeding the young and growing population on the African continent, but is also about food security for China.

Source: The North Africa Journal September 05, 2018 12:22 UTC