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Energy & Economics

China promises to expand cooperation with Africa and invest US$ 51,4 billion by 2027

Forum on China-Africa Cooperation

Image Source : Flickr

by Mauro Ramos , Ana Paula Rocha

First Published in: Sep.06,2024

Sep.16, 2024

Picture: https://creativecommons.org/licenses/by-nd/2.0/


China now has strategic partnerships with 53 of the 54 African countries; investments range from industry to agriculture

After holding bilateral meetings with 25 African heads of state in less than a week, China's President Xi Jinping announced on Thursday (5) the project to implement ten partnership actions with the continent that will be financed by the Chinese government to the value of 360 billion yuan (US$ 51,4 billion). According to the Chinese president, the projects should affect various areas of infrastructure and the transfers should be carried out by 2027. He has been meeting with presidents of African countries in Beijing since Monday (2), before and during the Forum on China-Africa Cooperation (FOCAC, in English), which began on Wednesday (4) and runs until Friday (6). In the current edition, China has decided to sign strategic partnerships with all the African countries with which it has diplomatic relations – or 53 of 54. Raising the level of partnerships is a growing practice in Chinese foreign policy to strengthen ties with countries, mainly in the so-called Global South. The total investment will be divided into a credit line of 210 billion yuan (around US$ 29,8 billion), 80 billion yuan (US$ 11,3 billion) in assistance, and 70 billion yuan (US$ 9,9 billion) of investment by Chinese companies in Africa. Regarding health cooperation, it was planned for the joint creation of an alliance of hospitals and medical centers. China has promised to send 2,000 health workers to the continent and launch 20 programs for health facilities and malaria treatment. According to the WHO, in 2022 Africa had 94% of the world's malaria cases (233 million) and 95% of the deaths caused by the disease (580,000). In agriculture and food, China will provide African countries with 1 billion yuan (around US$ 142,1 million) for emergency food assistance, the construction of standardized agricultural “demonstration areas” of more than 6,600 hectares, the sending of 500 agricultural experts and the creation of a “China-Africa agricultural scientific and technological innovation alliance.” In this sector, the Chinese president said that “two-way investments will be encouraged for new businesses of Chinese and African companies”, to help them gain added value and create at least 1 million local jobs. Common security is the tenth area of cooperation announced. Xi said China will offer 1 billion yuan to train 6,000 military personnel and 1,000 police officers, “and invite 500 young [African] military officers to visit China”. It also announced the creation of a digital technology cooperation center to start 20 digital projects and 30 infrastructure connectivity projects in Africa. This week, the presidents and heads of state of Libya, Mali, Comoros, Togo, Djibouti, the Seychelles, Chad, Malawi and Mauritania signed an agreement to upgrade diplomatic relations with China to the level of strategic partnership. Other countries, such as Nigeria and Cameroon, have adopted what is known as comprehensive strategic partnerships. South African President Cyril Ramaphosa signed a “new era comprehensive strategic cooperative partnership” with the Asian giant, which is now the highest relationship with China among African countries. In addition, two documents were signed, the “Beijing Declaration on Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future for the New Era” and the “Beijing Action Plan (2025-2027)” of the Forum on China-Africa Cooperation. The long name of this Beijing Declaration is part of the country’s diplomatic terminology and is the highest used for a partnership with an entire region.

Right to modernization

On Thursday (5), Wang Yi, China's foreign minister held a press conference with his counterpart from Senegal, Yassine Fall, and from the Republic of Congo, Jean-Claude Gakosso, to comment on the partnership, results and prospects. Wang Yi emphasized the need to build multilateralism with Africa. “We must always listen to Africa's voice [...] without being condescending.” The Beijing document argues that Africans “are qualified to serve as heads of international organizations and institutions.” African countries, in return, highlighted in the document their appreciation that China was the first country to support the African Union's entry into the G20. China welcomes the fact that more African countries are joining the BRICS, since in addition to South Africa, Egypt and Ethiopia joined the group last year. At the press conference, Wang Yi also called for China and Africa to face together challenges such as “small gardens and high fences”, about the U.S. strategy of protectionism against China. Referring to cooperation with the continent, Wang Yi said the country does not want to “play geographical games, or confront blocs”. “We want to reach a consensus in the international community [...] everyone has the right to modernization.” For his part, Yassine Fall emphasized China's commitment to increasing the supply of exports from African countries to China, the elimination of customs barriers for the least developed countries – which include 33 African countries – and financial support for small and medium-sized enterprises. Translated from Portuguese to English by: Ana Paula Rocha

First published in :

Brasil de Fato

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Mauro Ramos

 

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Ana Paula Rocha

 

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