The Diplomat published on 11 January 2024 an analysis titled "What Lies Ahead for Chinese Lending to Africa?" by Trevor Lwere, Development Reimagined.
Development Reimagined believes China's lending to Africa will rise in 2024, although the author warns there are four reasons why the organization is cautious about its prediction on the upside.
Comment: Chinese lending to Africa declined from a peak of $28 billion in 2016 to just over $1 billion in 2021 and just under $1 billion in 2022. It was also low in 2023, but figures are not yet available. China should not find it difficult to exceed these low totals in recent years, but with its new focus on "small and beautiful" the glory years of Chinese infrastructure lending to Africa are not likely to return.
