Why Africa-China Dialogue Platform (ACDP)?

africa-china
Why Africa-China Dialogue Platform (ACDP)?

The recent Forum on China-Africa Cooperation (FOCAC) on 6th, December 2015, held in Johannesburg, South
Africa, unveiled that China’s investment in Africa increased from $ 22 billion in 2012 to $32.35 billion in 2014 with over 3000 Chinese companies operating across the continent. As trends indicate Chinese Foreign Direct Investment (FDI) is increasing at a rapid rate.

Chinese development assistance to Africa is another important feature of the nation and continent’s growing relationship. In 2010-12, China provided $14.4 billion of development assistance, half of which was provided to 51
African countries through more than 2,500 development projects, with a total of approximately $7.5 billion. Most notably investing in infrastructure, telecommunication, energy generation and supply, manufacturing and industry as well as agriculture. See the newsletter here

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