reaching<\/a> a record $275 billion in 2024, Africa provides an expanding outlet for Chinese manufactured goods, construction services and the \u201cnew three\u201d exports \u2014 electric vehicles, lithium batteries and photovoltaic products.<\/p>\n
<\/p>\n
\n\t\tChina has made Africa a central pillar of its global strategy for several interconnected economic, political and strategic reasons<\/p>\n
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\n\t\tDr. Majid Rafizadeh<\/p>\n
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\n\tInfrastructure diplomacy under the Belt and Road Initiative has further strengthened this relationship. For example, Chinese state-owned enterprises and policy banks have financed and constructed roads, railways, ports, power plants and digital networks in Africa.<\/p>\n
\n\tSuch projects facilitate resource extraction and enhance China\u2019s political image on the continent. This is particularly important when it comes to diplomacy, since Africa\u2019s 54 votes in the UN General Assembly and its collective weight in Global South forums can help support Beijing\u2019s vision.<\/p>\n
\n\tThe question is whether the principle of noninterference in domestic governance is being adhered to, in contrast with the conditions of the past, which were attached to Western assistance to African nations.<\/p>\n
\n\tThe key drivers of Chinese investment are therefore multidimensional and multifaceted. In infrastructure and energy, the availability of state-backed finance and African demand for rapid delivery has produced tangible assets, ranging from hydropower and solar installations to deep-water ports.<\/p>\n
\n\tWhen it comes to mining, long-term agreements secure supply chains for China\u2019s industrial strategy. Technology engagement has expanded through telecommunications infrastructure and digital platforms. Trade has also been underpinned by preferential measures such as zero-tariff treatment for least-developed African countries.<\/p>\n
<\/p>\n
\n\t\tAfrica is good for sustained economic partnership, resource security, market expansion and a more balanced global order<\/p>\n
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<\/p>\n
\n\t\tDr. Majid Rafizadeh<\/p>\n
<\/p>\n
\n\tFor African nations, this engagement presents clear opportunities. Chinese capital has accelerated the construction of infrastructure that is vital to industrialization and regional integration under the African Continental Free Trade Area. In addition, job creation, technology transfers in selected sectors and improved logistics have generated growth in many host countries.<\/p>\n
\n\tAt the same time, some challenges remain substantial. One of them is trade imbalances, with Africa exporting largely unprocessed commodities while importing finished goods. Debt sustainability concerns have also arisen in several cases. Some environmental and labor standards have drawn criticism.<\/p>\n
\n\tAfrica\u2019s rapid economic growth trajectory and resource endowment will likely continue to attract broader international attention. The continent\u2019s economy is projected to expand faster than any other region in the coming years, according to International Monetary Fund assessments. This is because the continent combines demographic dynamism with mineral wealth.<\/p>\n
\n\tCritical minerals alone represent a multitrillion-dollar opportunity over the coming decades, while the African Continental Free Trade Area promises a market of more than 1.4 billion people. Thanks to these fundamentals, the continent is drawing diversified interest beyond China.<\/p>\n
\n\tMiddle Eastern states, particularly Saudi Arabia and the UAE, have also taken notable steps. Gulf capital has flowed into renewable energy, ports and logistics, agriculture, and critical minerals. The benefit for Africa is that these investments have frequently been structured as direct project equity rather than sovereign debt. For example, Gulf firms have emerged as major investors in ports, clean energy and mining assets. Saudi entities have also expanded their commitments into infrastructure, food security and renewables, aligning with the Kingdom\u2019s Vision 2030.<\/p>\n
\n\tThese engagements complement Chinese activity and offer African countries additional options for partnership, diversification and technology transfer. European and other actors have similarly sought to intensify cooperation through infrastructure and other initiatives related to the green transition.<\/p>\n
\n\tThe lessons from China\u2019s expanding footprint in Africa can be summarized in two categories. Firstly, Africa\u2019s combination of resources, markets and strategic geography renders it indispensable to any serious global economic strategy. Secondly, sustained and large-scale investment can accelerate infrastructure enhancement, industrial capacity and connectivity. Africa is good for sustained economic partnership, resource security, market expansion and a more balanced global order.<\/p>\n
\n\tChina\u2019s experience in Africa teaches us that long-term commitment and a willingness to finance hard infrastructure in alignment with host-country priorities results in both commercial returns and geopolitical influence. In an era of intensifying geopolitical and economic competition, Africa offers significant opportunities for other countries and private investors. The continent is increasingly becoming a joint architect of the emerging multipolar economy.<\/p>\n
\n\t
\n\t\tDr. Majid Rafizadeh is a Harvard-educated Iranian-American political scientist. X: @Dr_Rafizadeh
<\/p>\n
Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News’ point of view<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s growing influence across Africa In an era of intensifying competition, Africa offers significant opportunities for other countries…\n","protected":false},"author":2,"featured_media":729507,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-729506","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/729506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=729506"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/729506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/729507"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=729506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=729506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=729506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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In an era of intensifying competition, Africa offers significant opportunities for other countries and private investors (AFP) <\/p>\n