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28/08/2014

Why Singapore is courting Africa.

Today, China is by far the most active Asian player in Africa. But with the right approach, Singapore could be at the forefront of Asian engagement - even supplanting China.This week, the government of Singapore will be hosting its third Africa-Singapore business forum. The forum will bring African private and public sector leaders to Singapore to discuss investment opportunities across the continent.  But the forum could also serve a more strategic purpose by encouraging a broader evaluation of Singapore's relationship with the continent. 

China's trade with Africa will total almost US$300 billion this year.  Many African leaders draw many lessons from Singapore, and in addition, Singapore does not pose a strategic threat to Africa, and in fact, attracts admiration., with many African countries wanting to become the Singapore of Africa.

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