Answered You can hire a professional tutor to get the answer.
Hello, I am looking for someone to write an essay on Chinese investment in the extractive sectors in Africa (methods, profitability, and deal flow). It needs to be at least 1250 words.ate resources th
Hello, I am looking for someone to write an essay on Chinese investment in the extractive sectors in Africa (methods, profitability, and deal flow). It needs to be at least 1250 words.
ate resources through support to African governments on one side and the empowerment of Chinese mining and exploration companies working in Africa (Rotberg 152). The Chinese government maintains close ties with African governments on the political, economic, human resource and security development of these nations (Dubosse 70). Politically, the country sends high level delegations to meet leaders on the African continent and by this, they maintain strong ties with high-level Chinese government units. Economically, China promotes trade , investment and the development of infrastructure on the continent for the mutual benefits of China and Africa. Human Resource Development is done in the form of scholarship for some selected Africans to study in China and other parts of the world and also through grants and scholarships for African students. In terms of peace and security, China provides support for various national militaries and also contribute immensely to peacekeeping operations on the continent. Collectively, these strategies and systems allow Chinese businesses to get contracts in the energy and mining sectors of various African countries. The China-Africa Development Fund The China-Africa Development Fund (CADF) was officially launched in June 2007 as a branch of the China Development Bank to act as an investment facilitation vehicle for the Chinese expansion to Africa (CADF Website). According to the official website of the CADF, the equity fund is to provide loans and funds to Chinese businesses operating in Africa and since its inception, it has supported more extractive drives than any other sector.