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Vol 4 (AAC) No 4

Published 1st February 2011


Zimbabwe

Mthuli Ncube

Chief Economist, African Development Bank

At the World Economic Forum meeting in Davos from 25-29 January, Mthuli Ncube welcomed Chinese investment but cautioned that Chinese and African governments should ensure local partners share in the economic boom, for example through joint ventures. China plays a key role in the optimistic outlook for Africa, which Ncube predicted would achieve 6% growth in 2011. However, Ncube argues that Chinese resource demand will drop off within ten years.

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