Most African Countries Remain Locked in Colonial-style Trading Relationships

Many of Africa’s leaders will descend on Beijing next month for the latest three-yearly summit with China. For leaders from the continent, these collective jamborees have become a familiar part of global summitry — and not just with China. African leaders have also had their choice of invitations to similar gatherings in Turkey, Saudi Arabia and, just this June, South Korea — the latest country to get in on the act of African summitry. Many will also fly off to Yokohama next year as Japan becomes a host, too. While African countries may not have deepened their trading and investment relations, they have certainly broadened them. India has become the third-biggest trading partner with the continent after the EU and China.

FT