While China does not make public its official figures on its overseas investments, Western analysts — motivated by geopolitical concerns — seem even more determined to discover them. On Sept. 1, financial news outlet Quartz posted its findings on China’s Africa investment. While not offering comparative numbers on Western investment, the numbers provided paint a significant picture.
“In 2019, Beijing pumped $95 billion infrastructure into Africa, with more than 50% going to ports, shipping, and logistics projects,” Quartz writes in its weekly newsletter for Sept. 6. “Southern and east Africa play an important role accounting for nearly half of all projects.” The company has put together a presentation of 16 slides detailing the investments, only one of which it made available.
