G7 Summit: Africa seeks new role as nations eye its resources
As wealthy nations compete, Africa wants to keep more of the benefits from its natural resources. …
Last year, China’s trade relationship with Africa reached a record $282bn (£226bn), according to Chinese customs data. That marked an 11% increase from the year before as prices for commodities such as oil, copper, cobalt and iron ore surged. It also means Africa-China trade is nearly four times as big as US-Africa trade, which came in at $72.6bn.
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