Jan 04, 2011
While some African companies are nervous about Asian competition on their own turf, the arrival of Chinese industrialists signals an important opportunity for Africa to assert itself while absorbing new technology and expanding the continent’s export capacity from raw materials to finished products. The Chinese are queueing up to start businesses in Africa. 'In France it was so-so,' says Joseph Kosure, the CEO of Kenya’s Export Processing Zones Authority, who is on a worldwide tour to showcase Kenya’s potential. 'The hall was half-full of French businessmen. But in Shanghai, two weeks ago, we had to change rooms! People were standing in the aisles.'
































