Africa is endowed with considerable human capital, millions of acres of arable land and a myriad of natural resources. Therefore, ladies and gentlemen, the combination of China’s capital, technology, market, enterprises, talents and experiences and Africa’s abundant resources, huge demographic dividend and great market potential should create economic wonders.
Testimony to Africa’s willingness to support the Belt and Road initiative is member states of the African Union endorsement of “Agenda 2063: The Africa We Want”, a roadmap for structural economic transformation over a fifty-year time scale.