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China’s Role in African Infrastructure
LAGOS (Capital Markets in Africa) Chinese companies are unlikely to be challenged in the near term as they dominate Africa’s construction market with a 62% market share, even as the pandemic slows activity. The continent’s infrastructure growth potential could eventually attract European funds, we believe, as new common strategies are developed to provide partial funding and execute civil engineering projects. China’s Belt and Road Initiatives in Africa to Remain in Play Despite shifting financial resources…
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