Boston University's Global Development Center posted on 1 April 2024 a report titled "China-Africa Economic Bulletin, 2024 Edition."
The paper provides useful summaries of China-Africa trade, loans, foreign direct investment, and debt from 2000 through 2022. China's exports to Africa rose steadily throughout the period while Africa's exports to China peaked in 2012 and have been flat ever since, resulting in significant trade deficits for Africa with China.
Chinese loans to Africa peaked in 2016 at $28 billion and subsequently fell to about $1 billion in 2021 and 2022. Africa's debt to China was 13 percent of Africa's total external debt in 2022, which was about the same as debt owed to the World Bank and well under the 28 percent owed to bondholders.
