IBOV 173,825.27 ▼ 1.24% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,185,257 ▼ 3.22% COLCAP 2,285.11 ▼ 0.30% BVL PERÚ 57,112.22 — — USD/BRL5.10▲ 0.45% USD/MXN17.45▲ 0.13% USD/CLP924.00▼ 0.22% USD/COP3,224▼ 0.24% USD/PEN3.39▲ 0.22% USD/ARS1,475▼ 0.03% USD/UYU40.18▲ 1.61% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 4.17% USD/DOP58.33▲ 1.52% USD/CRC447.87▲ 1.83% USD/GTQ7.62▲ 2.69% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.81% EUR/BRL5.84▲ 0.54% BRENT 84.97 ▲ 0.88% WTI 79.07 ▲ 0.15% IRON ORE 161.91 — — COPPER 6.22 ▼ 1.24% GOLD 3,979 ▼ 0.17% SILVER 55.31 ▼ 1.06% SOY 1,191 ▼ 0.36% CORN 460.25 ▲ 4.25% WHEAT 669.00 ▼ 0.85% COFFEE 313.95 ▼ 6.13% SUGAR 14.41 ▼ 2.96% ORANGE JUICE 134.95 ▼ 2.81% COTTON 79.07 ▼ 1.85% COCOA 5,441 ▼ 5.16% BEEF 223.05 ▼ 3.07% CATTLE 346.88 ▼ 0.88% LITHIUM 68.86 ▼ 3.10% PETR4 39.89 ▼ 1.72% VALE3 72.98 ▼ 2.05% ITUB4 42.55 ▼ 1.37% BBDC4 18.41 ▼ 1.02% ABEV3 15.60 ▲ 0.19% BBAS3 20.76 ▲ 1.02% B3SA3 15.39 ▼ 1.91% WEGE3 43.49 ▼ 1.74% PRIO3 56.79 ▼ 1.23% SUZB3 41.70 ▲ 0.53% RENT3 38.86 ▼ 3.69% AZZA3 18.53 ▼ 0.70% CSAN3 3.88 ▼ 1.27% RAIZ4 0.29 — 0.00% PCAR3 2.59 ▼ 1.15% GMAT3 3.92 ▼ 1.51% PSSA3 55.22 — 0.00% CVCB3 1.35 ▲ 0.75% POSI3 3.88 ▼ 1.77% SLCE3 13.61 ▲ 0.81% NATU3 8.56 ▼ 1.27% BRKM5 6.10 ▼ 4.84% RANI3 8.08 ▲ 1.25% CSNA3 5.10 ▼ 2.67% CMIN3 5.45 ▲ 4.01% USIM5 7.90 ▼ 3.66% GGBR4 23.91 ▼ 1.20% ENEV3 25.95 ▼ 3.71% CPFE3 47.19 ▲ 0.77% CMIG4 11.09 ▼ 0.54% EQTL3 39.85 ▼ 1.19% LREN3 13.65 ▼ 3.19% VIVT3 35.47 — 0.00% RAIL3 13.93 ▼ 1.00% KLABIN 17.36 ▼ 0.17% RAIA DROGASIL 18.52 ▼ 0.80% RDOR3 35.87 ▼ 0.39% HAPV3 10.95 ▼ 0.36% FLRY3 16.42 ▼ 0.55% SMTO3 15.72 ▲ 1.22% UGPA3 31.99 ▲ 2.86% VBBR3 34.37 ▲ 1.84% BBSE3 41.18 ▲ 1.15% BPAC11 56.59 ▼ 0.79% CURY3 31.29 ▼ 4.40% AERI3 2.02 — 0.00% VIVARA 23.35 ▼ 0.72% COMPASS 24.91 ▼ 0.80% VAMOS 3.16 ▲ 1.28% SANB11 26.83 ▼ 0.63% ASAI3 8.56 ▼ 1.15% SBSP3 29.30 ▼ 2.27% WALMEX 49.59 ▼ 0.22% GMEXICO 198.85 ▼ 0.68% FEMSA 225.20 ▲ 0.86% CEMEX 22.74 ▲ 0.53% GFNORTE 180.87 ▼ 1.41% BIMBO 58.25 ▲ 1.27% TELEVISA 9.52 ▼ 0.42% AMX 22.78 ▼ 0.09% GAP 391.88 ▼ 1.31% ASUR 280.94 ▼ 0.89% OMA 231.98 ▼ 1.37% KOF 179.47 ▲ 1.42% GRUMA 286.75 ▲ 1.92% KIMBER 38.91 ▲ 0.65% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 75,975 ▼ 3.28% GGAL 7,860 ▼ 4.20% PAMPA 5,110 ▼ 2.48% TXAR 662.00 ▼ 1.34% ALUAR 940.00 ▼ 2.03% TGS 9,360 ▼ 4.00% CEPU 2,265 ▼ 3.37% MIRGOR 16,850 ▼ 0.74% COME 44.60 ▼ 2.26% LOMA NEGRA 3,558 ▼ 1.52% BYMA 301.50 ▼ 0.82% TELECOM ARG 4,180 ▼ 3.13% ECOPETROL 15.82 ▼ 1.00% BANCOLOMBIA 79.47 ▼ 2.55% GRUPO AVAL 4.97 ▼ 1.19% CREDICORP 387.44 ▼ 2.70% SOUTHERN COPPER 175.66 ▼ 3.24% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,857 ▲ 0.77% NUBANK 13.79 ▼ 0.65% XP 16.68 ▼ 1.13% PAGSEGURO 9.15 ▼ 0.65% STONE 11.20 ▼ 0.71% GLOBANT 32.20 ▲ 0.69% TECNOGLASS 46.83 ▲ 2.54% GAP AIRPORT 225.96 ▼ 0.81% ASUR 280.94 ▼ 0.89% OMA AIRPORT 107.21 ▼ 0.64% AMX ADR 26.14 ▲ 0.11% FEMSA ADR 129.49 ▲ 0.56% CEMEX ADR 13.10 ▲ 0.23% PETROBRAS ADR 17.47 ▼ 2.18% VALE ADR 14.22 ▼ 3.07% ITAU ADR 8.30 ▼ 1.78% SANTANDER BR 5.30 ▼ 0.93% AMBEV ADR 3.05 ▲ 0.66% CSN 1.00 ▼ 2.91% GERDAU 4.72 ▼ 1.77% LATAM ADR 53.18 ▼ 3.08% BTC 63,149 ▼ 1.00% ETH 1,836 ▼ 1.47% SOL 74.75 ▼ 0.69% XRP 1.08 ▼ 0.15% BNB 569.76 ▼ 0.43% ADA 0.16 ▼ 0.79% DOGE 0.07 ▼ 0.58% AVAX 6.49 ▼ 0.25% LINK 8.24 ▼ 1.12% DOT 0.86 ▼ 0.21% LTC 45.40 ▲ 1.02% BCH 223.17 ▲ 0.70% TRX 0.32 ▼ 0.35% XLM 0.18 ▼ 0.90% HBAR 0.07 ▼ 0.39% NEAR 1.97 ▲ 0.22% ATOM 1.50 ▼ 0.51% AAVE 90.49 ▼ 0.70% SELIC 14.25% EMBRAER 81.77 ▼ 0.70% EMBRAER ADR 64.37 ▼ 0.82% JBS 12.03 ▼ 0.58% JBS BDR 61.50 ▲ 0.11% MBRF3 15.29 ▼ 0.71% MBRFY 2.93 ▲ 2.09% INTER 5.54 ▼ 1.42% EGX 52,928 ▲ 0.70% USD/ZAR16.48▲ 0.31% USD/NGN 1,378 — 0.00% NIKKEI 63,467 ▼ 5.04% CSI300 4,557 ▼ 3.00% HSI 24,439 ▼ 2.28% NIFTY 24,257 ▲ 0.77% KOSPI 6,821 ▼ 6.37% JCI 6,142 ▲ 0.55% USD/JPY162.42▲ 0.01% USD/CNY6.77— 0.00% DAX 24,915 ▼ 0.34% CAC 8,378 ▼ 0.05% FTSE 10,572 ▲ 0.54% MIB 52,374 ▼ 0.07% IBEX 19,304 ▲ 0.15% STOXX 643.73 ▲ 0.16% EUR/USD1.14▼ 0.02% GBP/USD1.35▼ 0.59% SPX 7,534 ▼ 0.51% DJI 52,553 ▼ 0.20% NDX 29,026 ▼ 1.62% RUT 2,975 ▼ 0.06% TSX 35,340 ▼ 0.21% VIX 16.73 ▲ 6.76% USD/CAD1.40▼ 0.05% US10Y 4.5690 ▲ 0.53% IBOV 173,825.27 ▼ 1.24% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,185,257 ▼ 3.22% COLCAP 2,285.11 ▼ 0.30% BVL PERÚ 57,112.22 — — USD/BRL 5.10 ▲ 0.45% USD/MXN 17.45 ▲ 0.13% USD/CLP 924.00 ▼ 0.22% USD/COP 3,224 ▼ 0.24% USD/PEN 3.39 ▲ 0.22% USD/ARS 1,475 ▼ 0.03% USD/UYU 40.18 ▲ 1.61% USD/PYG 6,030 ▲ 1.78% USD/BOB 10.63 ▲ 4.17% USD/DOP 58.33 ▲ 1.52% USD/CRC 447.87 ▲ 1.83% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.80% USD/TTD 6.75 ▲ 1.81% EUR/BRL 5.84 ▲ 0.54% BRENT 84.97 ▲ 0.88% WTI 79.07 ▲ 0.15% IRON ORE 161.91 — — COPPER 6.22 ▼ 1.24% GOLD 3,979 ▼ 0.17% SILVER 55.31 ▼ 1.06% SOY 1,191 ▼ 0.36% CORN 460.25 ▲ 4.25% WHEAT 669.00 ▼ 0.85% COFFEE 313.95 ▼ 6.13% SUGAR 14.41 ▼ 2.96% ORANGE JUICE 134.95 ▼ 2.81% COTTON 79.07 ▼ 1.85% COCOA 5,441 ▼ 5.16% BEEF 223.05 ▼ 3.07% CATTLE 346.88 ▼ 0.88% LITHIUM 68.86 ▼ 3.10% PETR4 39.89 ▼ 1.72% VALE3 72.98 ▼ 2.05% ITUB4 42.55 ▼ 1.37% BBDC4 18.41 ▼ 1.02% ABEV3 15.60 ▲ 0.19% BBAS3 20.76 ▲ 1.02% B3SA3 15.39 ▼ 1.91% WEGE3 43.49 ▼ 1.74% PRIO3 56.79 ▼ 1.23% SUZB3 41.70 ▲ 0.53% RENT3 38.86 ▼ 3.69% AZZA3 18.53 ▼ 0.70% CSAN3 3.88 ▼ 1.27% RAIZ4 0.29 — 0.00% PCAR3 2.59 ▼ 1.15% GMAT3 3.92 ▼ 1.51% PSSA3 55.22 — 0.00% CVCB3 1.35 ▲ 0.75% POSI3 3.88 ▼ 1.77% SLCE3 13.61 ▲ 0.81% NATU3 8.56 ▼ 1.27% BRKM5 6.10 ▼ 4.84% RANI3 8.08 ▲ 1.25% CSNA3 5.10 ▼ 2.67% CMIN3 5.45 ▲ 4.01% USIM5 7.90 ▼ 3.66% GGBR4 23.91 ▼ 1.20% ENEV3 25.95 ▼ 3.71% CPFE3 47.19 ▲ 0.77% CMIG4 11.09 ▼ 0.54% EQTL3 39.85 ▼ 1.19% LREN3 13.65 ▼ 3.19% VIVT3 35.47 — 0.00% RAIL3 13.93 ▼ 1.00% KLABIN 17.36 ▼ 0.17% RAIA DROGASIL 18.52 ▼ 0.80% RDOR3 35.87 ▼ 0.39% HAPV3 10.95 ▼ 0.36% FLRY3 16.42 ▼ 0.55% SMTO3 15.72 ▲ 1.22% UGPA3 31.99 ▲ 2.86% VBBR3 34.37 ▲ 1.84% BBSE3 41.18 ▲ 1.15% BPAC11 56.59 ▼ 0.79% CURY3 31.29 ▼ 4.40% AERI3 2.02 — 0.00% VIVARA 23.35 ▼ 0.72% COMPASS 24.91 ▼ 0.80% VAMOS 3.16 ▲ 1.28% SANB11 26.83 ▼ 0.63% ASAI3 8.56 ▼ 1.15% SBSP3 29.30 ▼ 2.27% WALMEX 49.59 ▼ 0.22% GMEXICO 198.85 ▼ 0.68% FEMSA 225.20 ▲ 0.86% CEMEX 22.74 ▲ 0.53% GFNORTE 180.87 ▼ 1.41% BIMBO 58.25 ▲ 1.27% TELEVISA 9.52 ▼ 0.42% AMX 22.78 ▼ 0.09% GAP 391.88 ▼ 1.31% ASUR 280.94 ▼ 0.89% OMA 231.98 ▼ 1.37% KOF 179.47 ▲ 1.42% GRUMA 286.75 ▲ 1.92% KIMBER 38.91 ▲ 0.65% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 75,975 ▼ 3.28% GGAL 7,860 ▼ 4.20% PAMPA 5,110 ▼ 2.48% TXAR 662.00 ▼ 1.34% ALUAR 940.00 ▼ 2.03% TGS 9,360 ▼ 4.00% CEPU 2,265 ▼ 3.37% MIRGOR 16,850 ▼ 0.74% COME 44.60 ▼ 2.26% LOMA NEGRA 3,558 ▼ 1.52% BYMA 301.50 ▼ 0.82% TELECOM ARG 4,180 ▼ 3.13% ECOPETROL 15.82 ▼ 1.00% BANCOLOMBIA 79.47 ▼ 2.55% GRUPO AVAL 4.97 ▼ 1.19% CREDICORP 387.44 ▼ 2.70% SOUTHERN COPPER 175.66 ▼ 3.24% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,857 ▲ 0.77% NUBANK 13.79 ▼ 0.65% XP 16.68 ▼ 1.13% PAGSEGURO 9.15 ▼ 0.65% STONE 11.20 ▼ 0.71% GLOBANT 32.20 ▲ 0.69% TECNOGLASS 46.83 ▲ 2.54% GAP AIRPORT 225.96 ▼ 0.81% ASUR 280.94 ▼ 0.89% OMA AIRPORT 107.21 ▼ 0.64% AMX ADR 26.14 ▲ 0.11% FEMSA ADR 129.49 ▲ 0.56% CEMEX ADR 13.10 ▲ 0.23% PETROBRAS ADR 17.47 ▼ 2.18% VALE ADR 14.22 ▼ 3.07% ITAU ADR 8.30 ▼ 1.78% SANTANDER BR 5.30 ▼ 0.93% AMBEV ADR 3.05 ▲ 0.66% CSN 1.00 ▼ 2.91% GERDAU 4.72 ▼ 1.77% LATAM ADR 53.18 ▼ 3.08% BTC 63,149 ▼ 1.00% ETH 1,836 ▼ 1.47% SOL 74.75 ▼ 0.69% XRP 1.08 ▼ 0.15% BNB 569.76 ▼ 0.43% ADA 0.16 ▼ 0.79% DOGE 0.07 ▼ 0.58% AVAX 6.49 ▼ 0.25% LINK 8.24 ▼ 1.12% DOT 0.86 ▼ 0.21% LTC 45.40 ▲ 1.02% BCH 223.17 ▲ 0.70% TRX 0.32 ▼ 0.35% XLM 0.18 ▼ 0.90% HBAR 0.07 ▼ 0.39% NEAR 1.97 ▲ 0.22% ATOM 1.50 ▼ 0.51% AAVE 90.49 ▼ 0.70% SELIC 14.25% EMBRAER 81.77 ▼ 0.70% EMBRAER ADR 64.37 ▼ 0.82% JBS 12.03 ▼ 0.58% JBS BDR 61.50 ▲ 0.11% MBRF3 15.29 ▼ 0.71% MBRFY 2.93 ▲ 2.09% INTER 5.54 ▼ 1.42% EGX 52,928 ▲ 0.70% USD/ZAR 16.47 ▲ 0.58% USD/NGN 1,378 — 0.00% NIKKEI 63,467 ▼ 5.04% CSI300 4,557 ▼ 3.00% HSI 24,439 ▼ 2.28% NIFTY 24,257 ▲ 0.77% KOSPI 6,821 ▼ 6.37% JCI 6,142 ▲ 0.55% USD/JPY 162.41 ▲ 0.04% USD/CNY 6.7727 ▲ 0.14% DAX 24,915 ▼ 0.34% CAC 8,378 ▼ 0.05% FTSE 10,572 ▲ 0.54% MIB 52,374 ▼ 0.07% IBEX 19,304 ▲ 0.15% STOXX 643.73 ▲ 0.16% EUR/USD 1.1440 ▼ 0.03% GBP/USD 1.3461 ▼ 0.14% SPX 7,534 ▼ 0.51% DJI 52,553 ▼ 0.20% NDX 29,026 ▼ 1.62% RUT 2,975 ▼ 0.06% TSX 35,340 ▼ 0.21% VIX 16.73 ▲ 6.76% USD/CAD 1.4036 ▼ 0.02% US10Y 4.5690 ▲ 0.53%
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Friday, July 17, 2026

Africa China

Balancing China’s Speed with Africa’s Needs

By · October 4, 2023 · 2 min read

Africa Intelligence

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China has become Africa’s largest trading partner, driven primarily by its significant infrastructure initiatives on the continent.

These ventures range from office buildings in Ethiopia to trade zones in Nigeria. But these projects come with pros and cons.

Firstly, China’s investments speed up development. They focus on real, tangible projects like roads and power plants.

This differs from Western aid, which mainly targets poverty. However, Chinese projects often ignore local needs.

For instance, housing in Nairobi mimics Chinese designs, ignoring local culture.

Moreover, China’s efficient firms outdo local companies. This results in fewer jobs for Africans.

Critics argue that China’s top-down planning may not be sustainable in the long run.

Additionally, Chinese ventures mostly focus on nations with strong central governments, leaving others behind.

Balancing China's Speed with Africa's Needs - Blue Line Metro in Lagos. (Photo Internet reproduction)
Balancing China’s Speed with Africa’s Needs – Blue Line Metro in Lagos. (Photo Internet reproduction)
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But China’s reach is widening. Beyond building, it’s getting into urban planning. So far, these plans often disregard local conditions.

Yet, China’s influence is also challenged by other international players like India and Brazil, creating a balanced field.

Switching gears, let’s look at transport. A new train line in Lagos aims to ease daily commutes.

Built by a Chinese company, the Blue Line has seen rapid adoption.

But concerns about upkeep exist. Poor maintenance has led to the failure of similar projects across Africa.

Additionally, while the train line should be electric, it currently runs on diesel. This raises questions about future maintenance.

Despite these concerns, experts remain hopeful. They believe high demand might encourage better upkeep.

In conclusion, China is a key player in Africa’s urban transformation. It brings both opportunities and challenges.

The success of these projects lies in balancing efficiency with local needs. Only then can they be sustainable in the long run.

 

 

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

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