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publié dans Ressources le 7 février 2008

Evolving wave of competition in the international market: Challenges for Africa through the rise of China and India

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China’s and India’s rising demand for commodities has contributed to recent GDP growth in Africa. Both countries have lowered their tariffs on imports from Africa and China has also granted preferential treatment to some countries. There are however only five African countries with major export interest in the two big Asian markets and African exports to China and India are lower than intra-African trade. Also, Chinese investments in Africa might have risen sharply, notably in certain countries, but remain below 1% of total African FDI in 2005. This means that possible long term benefits of Chinese involvement are limited.

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