Africa retained its position as the leading destination for Belt and Road Initiative (BRI) engagement in the first half of 2026, with Chinese investment announcements surging 254% year-on-year to a record $33.5 billion, according to the latest report from the Green Finance & Development Center (GFDC) led by Christoph Nedopil of the University of Queensland.
根据昆士兰大学Christoph Nedopil领导的绿色金融与发展中心(GFDC)最新报告,非洲在2026年上半年保持了一带一路倡议(BRI)参与的首选目的地地位,中国投资公告同比飙升254%,达到创纪录的335亿美元。
The standout deal driving this historic surge is a green energy agreement between the Ethiopian Investment Commission (EIC) and China's Mingyang Smart Energy Group — initially announced at $10 billion and later expanded and licensed in May 2026 to $14.17 billion, including green ammonia production facilities. The first phase alone allocates $7.47 billion to physical generation assets, making it one of the largest private foreign direct investments in Ethiopia's history.
推动这一历史性增长的核心交易是埃塞俄比亚投资委员会(EIC)与中国明阳智慧能源集团之间的绿色能源协议——最初宣布为100亿美元,后于2026年5月扩容获批至141.7亿美元,包含绿色氨生产设施。仅第一阶段即投入74.7亿美元用于实体发电资产,成为埃塞俄比亚历史上最大的私人外国直接投资之一。
Overall, total Chinese BRI engagement across all regions reached a first-half record of $126.4 billion across approximately 186 deals in H1 2026 — comprising $49.8 billion in investment and $76.5 billion in construction contracts. This marks the strongest first six months since the initiative's launch in 2013.
总体来看,2026年上半年中国一带一路参与总额达到半年度纪录的1264亿美元,涉及约186笔交易——其中投资498亿美元,工程承包765亿美元。这是自2013年一带一路倡议启动以来表现最强的上半年。
Energy remained the dominant sector, with China's energy-related BRI engagement reaching $36.3 billion in H1 2026. Critically, more than half of that energy engagement was classified as green — including wind, solar, waste-to-energy and hydropower — a new record in both absolute and relative terms. The report noted that over 20 gigawatts of green electricity projects were confirmed through investment and construction in the first six months alone, exceeding the total for all of 2025.
能源仍是主导行业,中国能源相关的一带一路参与额在2026年上半年达到363亿美元。关键的是,其中超过一半被归类为绿色能源——包括风能、太阳能、垃圾发电和水电——在绝对量和占比上均创新高。报告指出,仅上半年就通过投资和工程确认了超过20吉瓦的绿色电力项目,超过2025年全年总和。
The report also highlights a structural shift in the composition of BRI engagement. Private Chinese companies' share of total BRI activity has climbed from just 12.5% in 2020 to 47.7% in H1 2026, reflecting Beijing's pivot from large sovereign loans toward commercially driven, equity-based investment models. Metals and mining also hit a record $21.8 billion, led by a $10 billion steel mill in Egypt, with increasing emphasis on processing rather than raw extraction.
报告还强调了一带一路参与结构的根本性转变。中国民营企业在一带一路总活动中的占比已从2020年的12.5%攀升至2026年上半年的47.7%,反映出北京从大规模主权贷款向商业化、股权型投资模式的转向。金属与采矿领域也达到创纪录的218亿美元,以埃及100亿美元钢铁厂为首,且重心日益转向加工而非原矿开采。
For Chinese enterprises exploring overseas expansion, Ethiopia's green energy breakthrough signals a broader BRI transformation: the era of infrastructure mega-loans is giving way to a new phase defined by renewable energy, private capital, and localized industrial production. Africa's record $33.5 billion H1 performance suggests that despite global trade frictions, the continent is positioning itself at the center of China's green industrial investment strategy.
对中国出海企业而言,埃塞俄比亚绿色能源的突破标志着更广泛的一带一路转型:基础设施巨额贷款的时代正让位于以可再生能源、民营资本和本地化工业生产为特征的新阶段。非洲上半年创纪录的335亿美元表现表明,尽管全球贸易摩擦不断,非洲大陆正在将自身定位为中国绿色产业投资战略的核心地带。
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