china: China reportedly investing $ 8.43 bn in Africa as part of Digital Silk Road initiative


Source: indiatimes.com indiatimes.com

Key Topics in this News Article:

News Snapshot:

China has a documented history of providing information and computer technology throughout Africa. Over the last 20 years, Huawei has built about 50% of Africa’s 3G networks and 70% of its 4G networks. China is expanding its digital footprints in Africa as a key element of its post Covid economic strategy for the continent and its companies are reported to invest $ 8.43 bn in the continent as part of this grand strategy. As part of this strategy, the Chinese government is recommending its tech giants – Huawei , ZTE and Cloudwalk to enter into mobile telephony, social media and...