Abstract
This paper explores the nuances of Africa–China relations, focusing on Chinese presence in Africa and its impact and potential for African development. Combining the perspectives of international relations, knowledge and technology transfer, and global value chains with FDI and institutional views, we analyze China-Africa cooperation’s current outcomes and suggest the path(s) forward toward Africa’s industrialization. The paper reconciles China’s Belt and Road Initiative, Africa’s Agenda 2063, and FOCAC consultations to build a common ground for improving Africa-China cooperation, especially regarding knowledge transfer toward African countries and the realization of the African continental free trade area, integration, and infrastructure development.
Highlights
Since the Belt and Road Initiative (BRI) aims at forging win-win cooperation that supports development and prosperity through investment and trade, a strategic and well negotiated Continental Free Trade Area (CFTA) and BRI through FOCAC can integrate investment and development in Africa
African countries ought to be able to mobilize strategies that integrate trade, aid, financing, and development (Carmody & Kragelund, 2016) so that Chinese investments and related technology and knowledge transfer can contribute to upgrading firms from Africa into the global value chain
One of the peculiarities of Chinese engagement and investments is that Africans feel heard by the Chinese when they present their development aspirations and financing needs
Summary
Burgeoning Africa–China trade has reached a new high of tial congruent policymaking and development agendas. This outstripped African exports to France and Spain development projects in recent years, making the Dragon the combined. New aspirations expressed period; more than the continent imported from US and France in Agenda 2063 to develop and industrialize Africa in the combined. This demonstrates a clear shift in Africa’s trade pat- five decades or earlier (African Union, 2018) can have inextritern. 2010 2011 2012 2013 2014 2015 2016 tion (FOCAC) can serve as an institutional bridge toward achieving Africa’s priority
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