Africa's Energy Future Hinges on Chinese Initiatives ...Middle East

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Africas Energy Future Hinges on Chinese Initiatives
source : OILPRICE ( Middle East ) () 59
China has been steadily increasing its energy investing, and therefore its influence, in emerging economies for years now. Through its ambitious Belt and Road infrastructure program, Beijing has poured over a trillion dollars into developing its trade relations around the planet since its inception in 2000. In Africa, China is the primary trading partner, and therefore a critical strategic ally in developing the continent’s energy sector. So far, the vast majority of Chinese investment has gone to the development of fossil fuels, but that…

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