China is the largest developing country, and Africa is the continent with the most developing countries. The economic and trade cooperation between China and Africa is highly complementary. Tranp also attaches great importance to the development of the African market and hopes that we can provide our professional solutions in the field of cooling and heating systems and contribute a little to the cause of energy conservation and environmental protection.
"In the next decade, China's private sector (rather than state-owned enterprises) may lead trade and investment in Africa. Among the 3,000 Chinese companies investing in Africa, more than 70% are private enterprises. The African Continental Free Trade Area (AfCFTA) may accelerate this trend by promoting the growth of regional value chains and providing Chinese companies with opportunities to enter a larger unified African market."
Recently, Chido Munyati, head of the African regional agenda at the World Economic Forum, made the above point in a video interview with a reporter from 21st Century Business Herald. He emphasized that in the new stage, the scope and structure of China's investment in Africa will definitely change, and the focus of cooperation between the two sides will shift to areas such as climate technology and digital infrastructure, and there will be more "small and beautiful" projects landing, no longer blindly pursuing "big and complete" infrastructure projects.
projects in africa
Source: https://www.caetexpo.org.cn/news/more/detail/f334338562173f91281daae17d60807a/4808