foreign direct investment
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New opportunities 2021: Accelerated change in sub-Saharan Africa
In some parts of the world, Covid-19 set off new economic or political trends. In sub-Saharan Africa, the pandemic sped up those that were already in place. Indebted countries are sinking deeper in debt, but Africa’s technological leapfrogging also accelerated. Perhaps most importantly, China’s influence on the continent is set to increase even faster, while the U.S. and Europe lose sway as they struggle with internal difficulties.