Data & Intelligence
China in Africa: Competing with China
Posted On: 24 Oct 2013 | Source: FTI Consulting, March 2013
Africa is becoming an ever increasingly attractive market for investors. This is most notable in the realm of new discoveries in the oil, gas and minerals sectors where 48 out of 54 African countries are currently engaged in prospecting activity. The phenomenal demand in China for African commodities, minerals and energy has driven significant Chinese investment activity across the continent, which takes many forms and presents significant challenges to competitors seeking to secure advantage. As a result of this tide of interest, the Africa and Asia Global Risk Investigations Practice (GRIP) at FTI Consulting has developed an analysis of Chinese engagement in Africa. Given the difficulties inherent in competing in this environment, understanding China’s engagement strategy, its successes and its failures, is critical to developing an overarching strategy aimed at enhancing a company’s competitive edge.