As the first equity fund in China focusing on investment in Africa, the CADFund has supported Chinese enterprises to carry out substantial investment in seven fields: agriculture, infrastructure, economic and trade zones, manufacturing, culture and media, resource development and M&A. The CADFund has made tremendous progress in investment and business since its inauguration. As the internal driving force of the African economic growth remains strong after the financial crisis, Africa is expected to be one of the fastest growing continents in the next few years. Foreign Direct Investment (FDI) inflows to African countries are picking up after the financial crisis, in which both the scale and proportion from the developing home countries is rising. China and Africa have important complementarities both in terms of economic growth phases and upgrading of industrial structure. So the next years are important time window for Chinese enterprises to invest in African countries.
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