China-Africa Trade Continues to Soar in 2025
In 2025, trade between China and Africa is experiencing rapid growth. Over the first eight months of the year, bilateral exchanges reached $222.05 billion, representing a 15.4% increase compared to the same period in 2024.
Growing Interest in African Markets
This growth reflects the increasing interest of Chinese companies in African markets and the continent's economic dynamics. Chinese interest in Africa is not limited to traditional trade; it now extends to several strategic sectors, including:
- Infrastructure
- Digital economy
- Green and renewable energy
Putting it into Perspective
In 2024, bilateral trade reached $295.6 billion, with $178.8 billion in Chinese exports to Africa and $116.8 billion in African imports to China. This represents a 6.9% increase compared to 2023. These figures demonstrate the strategic importance of China for African economic development and international trade.
Facilitating Trade and Financing
In this context, the Ecobank Group, a major banking player in Africa, has recently signed an agreement with the Bank of China (Mauritius). The goal is to facilitate commercial transactions and financing between China and Africa. Companies will now be able to settle their exchanges in Renminbi (RMB), simplifying cross-border payments and accelerating settlements. The two banks will also work on loans and financial solutions to support projects involving Chinese companies in Africa.
New Opportunities for African Entrepreneurs
For African entrepreneurs, this partnership opens up new concrete perspectives. It provides access to reliable and tailored financial solutions for international trade. Jeremy Awori, CEO of Ecobank, explains: "Trade between China and Africa continues to grow. Our clients need effective and transparent solutions, and this partnership meets that need."
A Broader Reality
Beyond the numbers, this cooperation reflects a broader reality. Africa is gradually integrating into the global economy and mobilizing its talents to grow and innovate.