Chart of the week: Visualizing Chinese Investment in Africa

Investments in Africa by China currently stands at $17.8 billion, and are on pace to reach $42. During the recently concluded Forum on China-Africa Cooperation (FOCAC) held in Johannesburg, South Africa, the Chinese President announced the budget for African cooperation would be tripled to a $60 billion package. This includes $5 billion of aid and interest-free loans, $35 billion of preferential loans and export credit, and $20 billion of capital to be divided between three Africa-focused funds.
chinese Investment in Africa
Courtesy of: Visual Capitalist