December 13, 2022
Twenty years ago, the US was the largest single outside investor in Africa, by a huge margin. How times have changed. After peaking in 2009, American foreign direct investment — an ownership stake in a company or project made by an investor, company, or government from another country — was overtaken by China, now the biggest source of FDI on the continent. In recent years the US has narrowed the gap some, particularly as Beijing has become both warier of the bad optics of so-called “debt-trap diplomacy” and more focused on its own economic challenges at home. Here we look at net FDI flows from the US and China to Africa since 2003.
More For You
There are 48 countries involved in this year’s World Cup, but that only tells part of the story of just how global the “global game” has become.
Most Popular
The World Cup is the planet's biggest sporting event, and the most political one. This year, it will also be the most profitable spectacle of all time.
Various groups march along Calzada de Tlalpan to the Estadio Ciudad de Mexico in Mexico City, Mexico, on June 11, 2026.
Gerardo Vieyra/NurPhoto
Mexico cruised past South Africa 2-0 on Thursday in opening 2026 World Cup game at the majestic Estadio Azteca in Mexico City. Some Mexican citizens used the occasion to highlight issues that the country faces.
Cuba has faced severe fuel shortages since the US imposed a de facto blockade earlier this year, and the halted shipment could have powered the island for about 11 days.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.