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TMFMmbop (42.96)

Africa: China's Next Frontier

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April 15, 2010 – Comments (4)

This is an indea we've referenced a few times on this blog, but the new issue of The Atlantic has a fascinating feature article on just what's happening in Africa thanks to China:

All across the continent, Chinese companies are signing deals that dwarf the old railroad project. The most heavily reported involve oil production; since the turn of the millennium, Chinese companies have muscled in on lucrative oil markets in places like Angola, Nigeria, Algeria, and Sudan. But oil is neither the largest nor the fastest-growing part of the story. Chinese firms are striking giant mining deals in places like Zambia and the Democratic Republic of the Congo, and building what is being touted as the world’s largest iron mine in Gabon. They are prospecting for land on which to build huge agribusinesses. And to get these minerals and crops to market, they are building major new ports and thousands of miles of highway.

This is going to have significant long-term implications for people the world over, and the full article is well worth reading.

4 Comments – Post Your Own

#1) On April 15, 2010 at 5:40 PM, bigcat1969 (89.54) wrote:

Thanks for that link, it was a very good read.

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#2) On April 15, 2010 at 6:43 PM, starbucks4ever (98.54) wrote:

China will become Africa :)

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#3) On April 15, 2010 at 7:44 PM, DarkToast (41.89) wrote:

Interesting, thanks for posting.

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#4) On April 16, 2010 at 2:20 PM, Schmacko (48.81) wrote:

That was a great article.  Thanks.

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