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The article reports on the rise of foreign direct investments (FDI) in Africa over the last 12 months. The inflows reached $38.8 billion in 2006, which is record-breaking 26.5 percent rise. According to the author, there are diverse key sources of inflows and a rise in the investments led by China, India, the Republic of Korea, Taiwan, and Malaysia. The challenge of Africa is to seize this opportunity to help promote domestic productive capacities to allow for a long-term wider economic and human development.

The article reports that Malawi cut its diplomatic ties with Taiwan and established ties with China. According to Malawi's Foreign Affairs Minister Joyce Banda, the decision was made after considering the benefits that it would bring to their country. Moreover, Lilongwe and Beijing had formalized its diplomatic ties last December 27, 2007. China's government and its companies have invested in Africa in a bid to build political influence in the developing country, and others. Meanwhile, Banda claimed that projects funded by Taiwan won't be affected by the change in their diplomatic relations.