Africa has emerged as the leading destination for China’s Belt and Road investments in the first half of 2025, attracting $39 billion, according to a new report. Private Chinese firms, such as East Hope Group, Xinfa Group, and Longi Green Energy, fueled the surge. Notably, Africa’s oil and gas sector attracted the largest share of investments, setting a new record. At the same time, green energy saw unprecedented growth, with $9.7 billion channeled into wind, solar, and waste-to-energy initiatives across the continent. Despite these sustainable gains, China also maintained its support for coal by funding the development of coal infrastructure. The report underscores Africa’s growing role as a central player in China’s evolving global investment strategy.
SEMAFOR
