A Chinese backed housing project on the outskirts of the Angolan capital Luanda is among the many projects in Africa. Photo: Alamy
A Chinese backed housing project on the outskirts of the Angolan capital Luanda is among the many projects in Africa. Photo: Alamy

Sino-African relations: Chinese private sector becomes more active in trade

Last year saw a 106 per cent jump in projects from China, which also committed a US$700m loan to the National Bank of Egypt, while planning US$15 billion of investments in Egyptian infrastructure initiatives

A Chinese backed housing project on the outskirts of the Angolan capital Luanda is among the many projects in Africa. Photo: Alamy
A Chinese backed housing project on the outskirts of the Angolan capital Luanda is among the many projects in Africa. Photo: Alamy
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