The past decade has seen a significant increase in Chinese investment in infrastructure and development projects abroad, particularly in Africa. Although China is not the largest investor in African economies, it is the largest investor of the BRIC countries to invest in the region, with total investments valued at US$27.7 billion in 2012.2 Chinese direct foreign investment in Africa also increased from $317 million in 2004 to $2.52 billion in 2012, or by nearly 8 times. China's Premier Li announced in a speech delivered at the African Union's Chinese built headquarters in Ethiopia that Chinese direct foreign investment is also expected to quadruple to US$100 billion between 2014 and 2020.
Ludwig, Tais (2015) "Recommendations for Addressing Environmental Impact of African Development Projects Funded by Chinese Banks," Sustainable Development Law & Policy: Vol. 15 : Iss. 2 , Article 3. Available at: https://digitalcommons.wcl.american.edu/sdlp/vol15/iss2/3