Price competitiveness makes many Chinese companies an attractive proposition in Africa, observers say. Photo: Xinhua
Price competitiveness makes many Chinese companies an attractive proposition in Africa, observers say. Photo: Xinhua

Why Chinese construction firms will remain the big builders in Africa

  • Chinese government financing has helped to drive exports of services to the continent but Chinese companies have another big factor in their favour – price, analysts say
  • A major shift in lending is under way, with commercial banks filling some of the gap left by Beijing’s official credit agency

Price competitiveness makes many Chinese companies an attractive proposition in Africa, observers say. Photo: Xinhua
Price competitiveness makes many Chinese companies an attractive proposition in Africa, observers say. Photo: Xinhua
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