Tuesday, January 27, 2026

Africa's Debt Repayment to China Now Exceeds New Loans

 One Data published on 27 January 2026 an article titled "One Data and Rockefeller Foundation to Launch New Development Finance Observatory in 2026."

China went from being a net provider of finance--transferring $48 billion to low- and lower-middle-income countries (via official and private lenders) a decade ago--to a net extractor of $24 billion.  Africa has experienced the most dramatic reversal in Chinese finance.  It went from receiving $30 billion to paying out $22 billion, a $52 billion swing.