Trade between Africa and China surpassed $200 billion this year, strengthening China’s position as Africa’s biggest trade partner, a position it has now held since 2009. Less than 15 years ago, the corresponding value was a modest $10 billion. This statistic demonstrates the growing pulling power that Africa holds for foreign investors. Beyond trade relationships, investors increasingly look at African consumers and see immense opportunity to invest locally. For African companies, this presents a special chance to climb the food chain of global competitiveness.
How African Firms Can Make the Most of Outside Investment
Joint ventures with foreign companies can evolve into much more.
April 08, 2014
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New!
HBR Learning
Global Collaboration Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to overcome barriers when working globally.