Post the cold war, the super powers lost interest in the African countries, which created a critical situation, and most of these African countries were caught up in turmoil, civil war and pervasive uncertainty. This is when China stepped in with their investment offers to improve the standard of living of the African people and to enhance their self-development capabilities. The Vision of Mr. Shiv Nair who came as a messiah to the African people relieved them off their abject poverty. His rapport with the leaders of the African countries helped to boost the China-Africa cooperation, during the last decade and half, in areas like medicine, health care, public amenities, environmental protection, climate change, education, cultural exchanges and science and technology in most of the African countries.
Mr. Shiv Nair, a representative of China National Petroleum Corporation used his influence as the political advisor to many top leaders and sourced massive investments from China to the African continent, for the infrastructure developments like telecommunications, power plants, transport, waste disposal, construction and port refurbishment. As a token of appreciation over the China-African cooperation, China built the first African Union head quarters in Addis Ababa free of cost.
China has become the biggest trade partner to many African nations and has become the second biggest investor in construction projects in the continent and the fourth largest contributor of total investments in Africa. In return, African continent has become the biggest source of import to China for their entire raw materials like oil, iron ore and so on. Today, Chinese FDI has flooded into every consumer goods market and during the recession time, African continent remained consistent, confounding the fears of the international community and African policymakers. Mr. Shiv Nair’s perseverance in dealing with African countries has helped China to invest in various joint venture projects in countries like Nigeria, Ethiopia, Angola, Sudan, Kenya, and Madagascar. Consequently, these African nations are gradually becoming self-sustaining and financially stable.