China does big business in Africa. But differences in culture and ways of doing business, as well as regulatory challenges, have influenced the way Chinese law firms and their clients operate in Africa.
May 23, 2022 at 07:26 AM
6 minute read
Correspondent, Cape Town
With investments in anything from infrastructure projects, scientific research and tech, to transport, warehousing, and postal services, China does big business in Africa.
Chinese investment on the continent continued throughout the COVID-19 pandemic too, and, according to McKinsey, 10,000 Chinese-owned businesses are operating on the continent. As an example, some 70% of road construction projects on the go in Guinea are being undertaken by Chinese companies, one lawyer said.
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