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LequteMan
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For the past 15 years, China’s cumulative domestic investment in real fixed assets such as plant and buildings has driven Nigeria’s export growth rate upwards by 5 percent, research by the International Monetary Fund (IMF) has shown.
This phenomenon is, however, not limited to Nigeria as the report found that a 1 percent point increase in China’s domestic fixed assets investment growth also tended to increase Sub-Saharan Africa’s export growth rate on average by 0.6 percentage point.
More details here
Source: Business Day
This phenomenon is, however, not limited to Nigeria as the report found that a 1 percent point increase in China’s domestic fixed assets investment growth also tended to increase Sub-Saharan Africa’s export growth rate on average by 0.6 percentage point.
More details here
Source: Business Day
