China ‘Winning Lion’s Share’ of Construction Projects in Africa – Study

Back in 1990, US and European firms won 85% of infrastructure contracts on the African continent but now the tables have well and truly turned.

Chinese companies accounted for 31% of African infrastructure projects valued at $50mn or more in 2022, with Western firms winning dramatically less – just 12%, a new report by the Hinrich Foundation, an Asia-based philanthropic organization found...

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