Reimagining Development Partnerships: A Critical Analysis of China’s Multifaceted Aid Strategy in African Socio-Economic Transformation

Md. Obaidul Haque Sarker 1, Dr. Reetha Dinesh 2

Abstract

Africa–China relations have significantly evolved by means of expanding trade, foreign direct investments (FDI), and economic cooperation. It examines these facets and their implications on the economic terrain of Africa. Chinese investment faces no shortage of competitors, nor questions about its sustainability. For this partnership to be beneficial, it is important to be aware of these dynamics. Though China invested a huge amount during the period of 2000-2023 the African countries were not able to develop their infrastructure massively like other developed countries. The inflation rate increased massively which introduced different challenges to the economic growth. 

DOI link – https://doi.org/10.69758/GIMRJ/2412IV01V12P0013