China\u2019s Foreign Minister Wang Yi is making waves across Africa this week, marking the 35th consecutive year of high-level Chinese diplomatic visits to the continent. From Namibia to Nigeria, the trip highlights booming partnerships in energy, infrastructure, and trade \u2013 with a focus on mutual growth. Here\u2019s the scoop:
Namibia: Uranium & Housing Boost
China\u2019s investments in Namibia\u2019s uranium projects contribute 7% of the country\u2019s GDP! Recent funding pledges include $80M for police housing and drought relief. President Mbumba praised China\u2019s \u201cno historical hangover\u201d approach, emphasizing win-win collaboration.
Congo: The \u2018Dream Road\u2019 Changing Lives
A highway linking Brazzaville and Pointe-Noire \u2013 built with China\u2019s support \u2013 slashed travel time, created 10,000 jobs, and moves 90% of Congo\u2019s goods. Plus, new digital economy deals signal tech-forward ambitions.
Chad: Strategic Energy Partnerships
As Chad\u2019s top investor, China inked six new MOUs covering energy, water, and agriculture. President Mahamat Idriss Deby Itno called China\u2019s growth a \u201cglobal opportunity\u201d during FOCAC talks.
Nigeria: $2B Currency Swap Deal
Nigeria renewed a major currency agreement with China to ease forex pressures and boost trade (up 16.5% in 2023!). Leaders upgraded ties to a \u201ccomprehensive strategic partnership\u201d \u2013 a move set to turbocharge pan-African security and development.
\u201cChina\u2019s partnerships aren\u2019t about old colonial scripts,\u201d says analyst Azhar Azam. \u201cIt\u2019s about writing new chapters together.\u201d
Namibia: Uranium & Housing Boost
Congo: The \u2018Dream Road\u2019 Changing Lives
Chad: Strategic Energy Partnerships
Nigeria: $2B Currency Swap Deal
