I know I promised that The Benin Epilogue Part I would stick to business in Africa...and that is just what I intend to do. So as much as possible I will try to refrain from any tone of politics on this post.
I say that because this post is about the China-Africa Summit 2006, this has been a much publicized event. As one surveys the blogs covering the growing trade relationship between these two regions, one notices that people are really worked up about it. From what I have been reading people want to know how this Summit will affect policies in African nations; as well as China and people also want to know who stands to gain more-Africa or China. Outside of these larger picture social and poltical dynamics, I havent heard much about how you feel Africa's various business commuinties will be affected by a more visible Chinese presence.
What are your thoughts:
- What types of African entrepreneurs will this benefit?
- Which homegrown African industries will be affected?
- Do you see this spilling over into larger employment by African firms?
- Or will there be any increase in demand for finished African products?
- Will this result in a "sellers market" for African entrepreneurs, given that there will be more buyers? If so, will this translate into a more equitable economic environment for African businesses?
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photo courtesy of Chippla