There's More to Africa than Profit, Expert Says

(Johannesburg) -- In recent decades, China's investment in Africa has evolved from its original nature involving aid and assistance to market-oriented economic behavior. And now, beyond large state-owned enterprises, an increasing number of private Chinese companies are doing business on the continent.

As Chinese firms get involved more deeply and more broadly in Africa's economic activities, the challenges regarding its market conditions, laws and regulations, and community relations are becoming increasingly evident. Companies with strong adaptability tend to perform better than those that are slow to adjust to the changing business landscape.