Thread by @Noahpinion

It's not just Chinese investors who are moving their capital to Ethiopia, Kenya, and Tanzania.

India, Sri Lanka, and Bangladesh are getting in on the game.

thehindu.com/business/Indus…

And here's a Japanese company making ELECTRIC CARS in Ethiopia!

newbusinessethiopia.com/e-trike-launch…

Oh, and another Japanese company opening auto factories in Ethiopia:

journalducameroun.com/en/isuzu-motor…

And a Korean company doing the same:

borkena.com/2019/02/21/hyu…

And a German company planning to make cars in Nigeria, Ghana, and Ethiopia:

punchng.com/after-nigeria-…

And here's some South Korean investment in Tanzanian auto manufacturing, along with a Tanzanian investor: forbes.com/sites/mfonobon…

And here's a Nissan factory in Ghana: asia.nikkei.com/Business/Compa…

A lot of African auto factories are intended to produce cars for the growing African market: theeagleonline.com.ng/nissan-plans-r…

Here's a Detroit-based company you probably never heard of, preparing to build a factory in Kenya to produce vehicles you probably never heard of:

electrive.com/2019/04/03/usa…

Of course, foreign manufacturing investment in Africa is great, but it's important to remember that there's also lots of domestic manufacturing investment happening too. Here's a smartphone factory in Rwanda:

news.tunf.com/first-smartpho…

"Africa will be the new China" is a phrase that is being uttered with increasing frequency:

ft.com/content/8ead51…

Ethiopia, Tanzania, Ghana, Rwanda, and Kenya are early leaders in the African manufacturing revolution. Expect nearby countries to follow.

Remember: You can crush the flowers, but you can't stop the spring.

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