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Monday, November 11, 2024

New Trends in Chinese Financing in Africa

 The UK-based Overseas Development Institute (ODI) published in October 2024 a study titled "China's Creditor Diversification in Africa" by Tianyi Wu, Oxford University, and Yunnan Chen, ODI.

China's overseas lending is evolving and diversifying.  Financing is becoming less concessional and more targeted to commercial sectors in energy and mining.  Going forward, commercial creditors are expected to increasingly focus on infrastructure sectors with clear and immediate revenue potential.