This marks a stark contrast to the 1990s, where Western companies secured 8 out of 10 such contracts on the continent.
Impressively, Chinese companies have executed infrastructure projects worth a staggering $155 billion in sub-Saharan Africa within the last two years.
This stands in comparison to the United States' foreign direct investment in Africa, which amounted to $44.8 billion in 2021. #China #Africa
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