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Sino–African relations, also referred to as Africa–China relations or Afro–Chinese relations, are the historical, political, economic, military, social, and cultural connections between China and the African continent. Little is known about ancient relations between China and Africa, though there is some evidence of early trade connections.
China surpassed the US in 2009 to become Africa's largest trading partner. Bilateral trade agreements have been signed between China and 40 countries of the continent. In 2000, China Africa Trade amounted to $10 billion and by 2014, it had grown to $220 billion. [3] As of 2024, Africa makes up less than 5% of China's global trade. [4]
In 2010, trade between the two countries was worth US$7.8 billion. [26] In 2011, Nigeria was the 4th largest trading partner of China in Africa and in the first 8 months of 2012, it was the 3rd. [27] In April 2018, Nigeria signed a $2.4-billion currency swap deal valid for 3 years. [28]
[1]: 345 Chinese government personnel left Ghana in November 1966. [1]: 345 Ghana and China restored diplomatic relations in January 1972. [1]: 345 In the early 1990s, China built Ghana's National Theatre as a reward for Ghana's diplomatic support following the 1989 Tiananmen Square protests and massacre. After Kufuor was elected president of ...
China's bilateral relationship with Ethiopia is one of its most prioritized in Africa and China believes Ethiopia is particularly significant in peace and security within east Africa. [ 3 ] : 109 Relations are longstanding, with Chinese direct investment (FDI) in Ethiopia reaching US$4 billion and bilateral trade growing to $5.4 billion by 2016 ...
In 2010, trade between Africa and China was worth US$114 billion and in 2011, US$166.3 billion. [255] In the first 10 months of 2012 it was US$163.9 billion. [255] There are an estimated 800 Chinese corporations doing business in Africa, most of which are private companies investing in the infrastructure, energy and banking sectors. [256]
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Trade between China and Uganda has also increased under Museveni's presidency. Even within the last 10 years, the amount of trade between the two nations has more than quadrupled, from around $230 million in 2008 to over $1 billion in 2018. [2] The majority of this trade is Chinese exports to Uganda, which account for about $850 million in trade.