China Accelerates Economic Offensive in Africa
China is stepping up its economic efforts in Africa, with direct Chinese investments on the continent reaching $33.5 billion in the first half of 2026. This represents a 254% increase compared to the same period in 2025, making Africa the primary destination for Chinese capital under the Belt and Road Initiative (BRI).
Shift in Strategy
This growth reflects a change in strategy, as China's presence in Africa is evolving from financing large infrastructure projects such as roads, ports, and railways to industrial, energy, and technological investments. Meanwhile, infrastructure construction contracts continue to decline.
Investment Report
According to the "China Belt and Road Initiative (BRI) Investment Report 2026 H1" published by the Green Finance & Development Center of Fudan University and The Asia Pacific Centre for Industry Transitions of the University of Queensland, Africa accounted for 67.24% of Chinese investments in BRI member countries in the first half of 2026.
Key Beneficiaries
Ethiopia and Egypt are among the main beneficiaries of these Chinese investments. Ethiopia leads African countries in terms of growth in Chinese commitments, with $18.9 billion in total commitments. The country attracts Beijing due to its industrial potential, special economic zones, and ambition to become a regional manufacturing hub.
Egypt's Strategic Importance
Egypt also confirms its strategic importance with $9.7 billion in Chinese commitments. Its geographical position between Africa, Europe, and Asia, as well as the development of large industrial and energy projects, strengthens its attractiveness to Chinese investors.
Morocco's Growing Appeal
In North Africa, Morocco is one of the countries benefiting from this trend. The kingdom is attracting Chinese investments, particularly in the automotive industry, electric batteries, and value chains related to energy transition.
