Angola and Mozambique are expected to be the main beneficiaries from Chinese investments over the next 12 years as trans-national networks crossing the countries are developed.
Zhao Changhui, the chief country risk analyst of the China Export Import Bank (ExIm), says, “Following the Africa Investment Summit held in Hong Kong at the end of 2013, China and state banks are committing an investment of US$ 1 Trillion into Africa in the future.”“Of this total, 80 percent will come from the ExIm bank and will be used for construction of trans-national highways and airports with US$500 billion being used for the project to link Cairo to Cape Town by rail.”
(Source – macauhub)