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Even Amid a Pandemic, Chinese FDI in Africa Jumped Almost 10% Last Year

Chinese foreign direct investment in Africa increased by 8% in 2020 compared to the previous year, from $2.7 billion to $2.96 billion. Including the 2020 investments, the total Chinese FDI on the continent amounts to $47.4 billion, according to data in a new report published by the China Africa Business Council (CABC).

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