Thursday, August 4, 2016

China's Loans and Aid to Africa

The China Africa Research Initiative at Johns Hopkins University has a website titled "Data: Chinese Loans and Aid to Africa" that provides useful information by country on China's development cooperation with Africa.

The site notes, for example, that from 2000 to 2014, the Chinese government, banks, and contractors extended $86.3 billion worth of loans to African governments and state-owned enterprises. Most Chinese loan finance is official export credits that do not qualify as official development assistance. One third of the value of these loans was secured by future revenues from commodity exports such as oil, copper and sesame.

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