The state owned China Development Bank, plans to invest up to $10 billion in the mining and agriculture sector in Zimbabwe over the next few years. This investment would give a strong push to the country, for which is usually difficult to attract foreign direct investments (FDI). The amount of the investment is much larger than Zimbabwe’s gross domestic product, forecasted to be about $6 bn this year.
China has increased about 45% its two-way trade with Africa in this last year, to reach a a record $114.8 bn.
