Services
WHY CHINA / AFRICA ?
Africa, land of abundance in natural resources but also of the greatest challenges for human development, needs to be inspired by the Chinese economic model and the transfer of technology for its economic development.
Take big demographics as an economic force
With fertility rate well above the world average, the essentially young African population is characterized by its dynamism, hence the vitality of the informal economy with small businesses which, while reducing the unemployment gap of African youth, is the largest consumer of Chinese products.
Industrialization through sustainable partnership
Alongside the relocation of Chinese companies to Africa, joint-venture partnerships constitute an upgrade opportunity for many African companies thanks to financial support and technology transfer.
A united Africa allied with China changes the rules of the game
Even if the most urgent prerequisite for Africa is its development, African unity is imperative with regard to the world economic and geopolitical configuration as well as geostrategic and security issues.
Africa, the heir of a heavy and painful past, still suffers from the after-effects of its fragmentation deliberately made to forever remain the granary and the dairy cow of the West.
A united Africa can not only face the great economic powers with its market and other economic potential, but also politically allied with China, the two can reestablish a new world order in which the decision-making bodies (UN, WTO, etc.) will be reformed for more just and balanced missions
Culture is at the beginning and at the end of all exchanges
Socio-cultural realities as well as language barriers are still a hindrance for many Chinese companies internationally and in Africa in particular. Besides the great role that the Confucius Institute plays in promoting Chinese culture in Africa, on the other hand we organize information and awareness sessions for our Chinese customers and partners specifically focused on African culture throughout. its diversity by region, ethnic specificities and religious beliefs.
The Sino-African cooperation focused on infrastructure building in Africa has enabled most of the beneficiary States to meet the challenges of mobility and increase their growth rate as well as the standard of living of the populations.
More appropriate financing mechanisms
The Chinese State pragmatism in the allocation of the debt via the Sino-African fund, EXIM Bank related state financial institutions as well as other forms of one-off assistance of various kinds, responds to the urgency development as reported by indicators for most African economies.
A trade sector symbolizing a Win -Win
China’s export-oriented Trade Sector has dramatically improved the access of the African masses to basic commodities at low price, once inaccessible or available only in second-hand, such as clothing, electronics, household appliances and various equipment.
Benchmarking in top priority sectors
Besides infrastructure, Chinese investments in Africa are mainly focused on top priority sectors such as agriculture, energy and water with the construction of many hydroelectric dams, solar and wind power plants throughout the continent.
Education and training at the center of cooperation
China is the only country in the world to leverage considerable financial and academic resources for the training of part of the African elite through a cooperation scholarships which select hundreds of students per year and per country to China.