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Development Centre Studies The Rise of China and India: What's in it for Africa?

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This is a brief and interesting speculation about the growing economic influence of China and India on Africa. While the developed world has contemplated, sometimes uneasily, the effect on themselves, relatively little time has been devoted to that on Africa.

Here, the authors describe how mostly China's growth has led to significant export growth of commodities from various African countries. Important cases include cobalt from South Africa, chemicals from Niger, and cotton from many countries. However, there sometimes has been accompanied extra volatility in the prices of these commodities. Perhaps an inevitable effect of the cyclic nature of the global economy.

The authors also speculate that India offers a potential comparable to that of China's. Though currently India's impact on Africa is still lesser, its future need for resources could be massive. With the added advantage that shipping to India is far easier than to China.