On China Dialogue, Nigerian journalist Godwin Nnanna writes about prospects for Chinese corporations in Africa in light of the recent attack on Chinese oil workers in Ethiopia:
China’s rise in the continent’s energy sector has been astronomical in scale. In the last five years, the Chinese presence in Africa has gone from insignificant outpost to a spread that covers nearly half the continent.
However, in Angola, Sudan and Nigeria – three major centres of China’s investment in Africa – Chinese oil corporations face tough choices over whether to retreat or remain. And it seems that Beijing has ruled out retreat as an option. [Full text]