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Home Foreign

China supports Africa in infrastructure development

The Matters Press by The Matters Press
November 27, 2021
Reading Time: 1 min read
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Coronavirus hits hard as China records 811 deaths

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China supports Africa in making infrastructure development a priority for economic revitalisation, said a white paper released Friday.

From 2016 to 2020, the total investment in infrastructure projects in Africa reached almost 200 billion U.S. dollars, according to a white paper titled “China and Africa in the New Era: A Partnership of Equals.”

Projects implemented by Chinese companies accounted for 31.4 per cent of all infrastructure projects on the African continent in 2020.

According to the white paper since the founding of the Forum on China-Africa Cooperation, Chinese companies has utilized various funds to help African countries build and upgrade more than 10,000 km of railways, nearly 100,000 km of highways, nearly 1,000 bridges and 100 ports, and 66,000 km of power transmission and distribution.

They have also helped build an installed power-generating capacity of 120 million kilowatts, a communications backbone network of 150,000 km and a network service covering nearly 700 million user terminals.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
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