Tuesday, September 19, 2023

A New State of Chinese Loans to Africa

Boston University Global Development Policy Center posted on 18 August 2023 an update to its data base titled "A New State of Lending: Chinese Loans to Africa."   

From 2000-2022, 39 Chinese landers provided 1,243 loans amounting to $170 billion to 49 African governments and 7 regional institutions.  However, China's lending peaked in 2016 ($28 billion) and has fallen dramatically sense, totaling only about $1 billion in 2022.