Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. These are Angola, South Africa, Congo, DRC, Zambia, Gabon, Equatorial Guinea, South Sudan, Guinea, Zimbabwe, Eritrea, Namibia, Niger and the Central African Republic. Angola, one of the largest oil exporters on the continent — about $23.5 billion from its trade relations with China in 2018 – tops the list of the biggest beneficiaries. China has continuously called for the strengthening of bilateral ties with African countries. During the 2018 Forum on China Africa Cooperation (FOCAC) in Beijing, Chinese President Xi Jinping pledged $60 billion to the continent in loans, grants, and development financing.

Source: The North Africa Journal February 07, 2019 14:26 UTC