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Decades after the European powers carved up the African continent for their own imperial interests in the infamous Scramble for Africa, there is a new wave of resource and strategic invasion. Some have termed this new foray as the new scramble for Africa.
Many observers agree that in the past decade or so Africa has witnessed the most comprehensive and sustained period of economic growth since the 1950s. As a result, there is a surge of foreign direct investment in Africa by many developed and developing nations. In particular, China has rapidly increased its investment in the region, even surpassing those of the traditional investors such as Britain, France and the USA.
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