China has become one of the main investors in Africa in the
past few years, while the continent has been experiencing
significant transformation in the digital space. Coupled with the
rise in cryptocurrencies markets, do the different regulatory
approaches adopted in China and in certain African countries favour
a convergence of interests? We review how China and some African
countries have approached crypto regulation and what this means for
investors.
The 2019 United Nations Conference on Trade and
Development’s World Investment Report indicates that between
2013 and 2017, Chinese direct investments in Africa grew by 65%,
placing China among the top five direct investors in Africa after
France, the Netherlands, the U.S. and the UK. In the wake of the
African digital transformation in financial (especially payment)
services and the expanding cryptocurrency markets, does the
regulatory framework, or lack thereof favour a convergence of
interests between China and the
