And this week’s Focac summit brought a continuation of this strategy, with the announcement of a further 360bn yuan ($50.7bn; £36.6bn) in funding, for the next three years. But this time there is a difference, with a heavy summit focus on the green energy transition, including investment in manufacturing in Africa, particularly electric vehicles.
Just as, two decades ago, China began to fill a role in infrastructure development that Africa’s traditional donors could no longer adequately fill, Beijing now has ambitions to become a key partner for the continent in new hi-tech industry and green technology on a scale that many European and North American companies are unwilling or unable to contemplate
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