Chinese companies have forged a presence in African countries because to do the same in the mature and developed economies of Europe and North America would have been prohibitively expensive. Photo: Reuters

Unravelling the myth of China’s engagements in Africa

China’s overtures in the continent are not just about exports or imports but something that combines the strong features of its private companies with those of multilateral development banks

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Chinese companies have forged a presence in African countries because to do the same in the mature and developed economies of Europe and North America would have been prohibitively expensive. Photo: Reuters
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