Ag Africa

10/12/2023 SOURCE: news.yahoo.com

Why China's boost for focus on African farm produce will not blur outlook for infrastructure push

China is helping African countries to grow more food products and set up industries to process farm produce as part of efforts to reverse a long-time trade imbalance in its favour. It is also increasing African food imports after more than two decades of mostly buying raw materials from the continent while exporting electronics and textiles, resulting in a trade surplus that saw China accused of promoting the unhealthy imbalance. Last year, Chinese exports to Africa made up nearly 60 per cent of

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