Relations between Africa and China have increased over the year and become more dominated by China’s economic interests. With an annual growth rate of 8-9 per cent , and a booming economy, China’s dependency on accessing natural resources is a top priority and has accordingly expanded its horizons. Africa, with all its seemingly unlimited natural resources, is an ideal partner. In addition, the African continent as a whole offers a potential market for china’s low value manufactured commodities.
India Woos Africa
India is all set to woo Africa at the forthcoming India-Africa Summit on April 8, 2008 in New Delhi, reflecting the continent’s growing importance to Indian foreign policy in the 21st century. The Summit comes more than a year after China organised a similar event at Beijing in November 2006.