Friday, April 26, 2019

Impact of Belt and Road Initiative on Financing in Africa

The China Africa Research Initiative posted on 24 April 2019 an analysis titled "Neither Tightening or Loosening the Belt: Chinese Lending to Africa BRI Signatories" by Jordan Link.

The author tracks recent Chinese lending to Africa, both including and excluding Angola, which has received a disproportionate amount of the lending. He concludes that, so far, signing a memorandum of understanding with China on joining the Belt and Road Initiative has not resulted in more financing for African countries.