This growth is steady and solid, with 20% + profit margins.
Mc Kinsey goes on describing tow possible scenarios: one "business as usual" whereby Chinese revenues in Africa would reach around $250 billion in 2025, from $180 billion today. Under this scenario, the same three industries that dominate Chinese business in Africa today—manufacturing, resources, and infrastructure—would dominate in 2025 as well.
Mc Kinsey, however, favors a second scenario in which Chinese firms in Africa could dramatically accelerate their growth to reach revenues of $440 billion in 2025. In this accelerated-growth scenario, not only do the three established industries of Chinese investment grow faster than the economy, but Chinese firms also make significant forays into five new sectors: agriculture, banking and insurance, housing, information communications technology and telecommunications, and transport and logistics.
Will China be one of the main engines of growth for the African continent ? Will then African growth follow a Chinese model?