Can Africa be the next global manufacturing hub ? | china | Easy Trade Africa
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Chinese healthy wine to Africa 中国劲酒 the link of the video https://www.youtube.com/watch?v=bnM9tDvXqmM&t=40s
---- Contents of this video -----
00:00 - Intro
01:06 - Brief history of China
01:01 - Shanghai lockdown
01:48 - Chinese factory in Africa
02:23 - Chinese manufacturers footprint in Africa
03:04 - Africa Investment program
03:24 - Research on Chinese companies in Africa
04:18 - Industrialization
04:41 - Conclusion
China's manufacturing footprint is growing across Africa, as companies set up factories to tap into the continent's cheap labour and abundance of raw materials. Chinese investors are funding the construction of industrial estates and free trade zones for the production of goods that otherwise would be imported from China. They include shoes, clothes, fibre glass, construction materials, electronics, steel products and foodstuffs, which also find their way from Africa into European and American shops. Industrial estates – which have been extremely successful in mainland China – are springing up from Uganda to Ethiopia, Egypt to South Africa, Algeria to Zambia.
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there are countries like Senegal, Rwanda, Mauritius, Cote D'Ivoire and Botswana that have a strong track record of economic growth, stability and education. Six of the 15 fastest-growing economies in the world are in Africa and the continent has become a must-visit destination for the titans of the U.S. tech industry.
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