Ethiopia is among 12 countries that account for two-thirds of total investment in Africa by Chinese companies. Photo: AFP
Ethiopia is among 12 countries that account for two-thirds of total investment in Africa by Chinese companies. Photo: AFP

Chinese firms’ direct investment in Africa rises despite Covid-19

  • US$2.96 billion invested in Africa by Chinese enterprises in 2020, up from 2019’s US$2.7 billion
  • 12 nations have accounted for two-thirds of total investment by Chinese firms in the continent, according to China-Africa Business Council

Topic |   China-Africa relations
Ethiopia is among 12 countries that account for two-thirds of total investment in Africa by Chinese companies. Photo: AFP
Ethiopia is among 12 countries that account for two-thirds of total investment in Africa by Chinese companies. Photo: AFP
READ FULL ARTICLE