(Ecofin Agency) - During the 3-day Economic and Trade Exhibition recently held in Changsha, China, as part of the China-Africa Partnership, a total of $20.8 billion worth of deals were concluded, Xinhua reports.
More than 84 agreements were signed in sectors such as agriculture, trade, and tourism. Trade between China and Africa significantly increased in the past years and the organization of the Changsha Expo confirmed the ambition of both sides to further boost their relations.
Official statistics showed that China-Africa trade rose 20% in 2018 to $204.2 billion and about 3,700 Chinese companies are currently present on the continent, according to the Chinese minister of trade.
Moutiou Adjibi Nourou