fdi in africa 2023latest news & developments
China has remodelled its African investment strategy, focusing on selective projects, co-financed deals, and debt restructuring, as Gulf states ramp up investments through sovereign-led funding, infrastructure expansion, and diversified acquisitions.

Gulf states channel billions into Africa as China revamps financial model

Gulf sovereign wealth funds are rapidly expanding in Africa, filling a financing gap left by China’s strategic pullback and reshaping the continent’s development landscape

  • Des Erasmus
5 min read