The Johns Hopkins School of Advanced International Studies China Africa Research Project published in June 2021 a study titled "Convergence and Divergence in Emerging Donor Finance: A Comparative Analysis of Chinese and Indian Exim Banks in Ethiopia" by Zhengli Huang and Pritish Behuria.
The authors examine projects financed by Indian and Chinese Export Import Banks in Ethiopia. Chinese Exim Bank activities continue to be driven by state-owned enterprises, which work with private sector companies to globalize their activities in Ethiopia through contracting opportunities. Indian Exim Bank activities are increasingly being driven by Indian private sector companies, with the government creating new opportunities for Indian firms to access Exim Bank funds to support globalizing their activities.
