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Interestingly, the flow of influence is reciprocal. African innovations, such as Kenya’s M-Pesa mobile payment system, are now informing Chinese fintech developments. This aspect suggests a growing partnership, wherein influence can flow both ways, complicating preconceived notions of supremacy in these relationships.
Environmental Considerations
The environmental ramifications of China's investment in Africa cannot be overlooked. While some Chinese companies face criticism for lax environmental practices abroad, the same investments fund significant renewable energy projects across the continent. These contradictions highlight the evolving nature of Chinese business and Africa's environmental regulations.