China's SEZ Model Offers Africa Path to Industrialization and Prosperity
Special economic zones in China have been successful due to government commitment, business-friendly environments, strategic locations, technology upgrades, and local economy connections. Africa can learn from China's experiences to improve its own economic zones. Challenges in Africa include poor regulations, weak governance, and lack of infrastructure. Chinese investments in African zones are showing early signs of success, attracting investments and benefiting local economies. Challenges in these African zones include land access, regulations, resettlement issues, and infrastructure gaps.