Financing African Energy Projects

 The Carnegie Endowment for International Peace published in November 2023 a paper titled "Who Finances Energy Projects in Africa?" by Oyintarelado Moses.  

The largest energy finance providers in Africa between 2012 and 2021 were China, World Bank, Italy, France, and the United States.  The top African recipients of energy during these years were Egypt, Mozambique, Nigeria, South Africa, and Angola.  

Chinese Energy Financing in Africa

Boston University's Global Development Policy Center published in February 2019 a report titled "Global Risks and Investment Uncertainty: Chinese Global Energy Finance in 2018" by Xinyue Ma, Kevin P. Gallagher, and Xintong Bu.

The report notes that of China's global energy financing between 2008 and 2012, Africa received on average 7 percent of the total. Between 2013 and 2017, this percentage increased to 20 percent annually. In 2018, Africa received almost $4.8 billion of a global total of $8.6 billion or about 55 percent. Chinese energy loans to Africa in 2018 were used primarily for coal and hydropower power generation.

China's Involvement in South Africa's Renewable Energy

The China-Africa Research Initiative at Johns Hopkins School of Advanced International Studies published in November 2017 a study titled "China's Involvement in South Africa's Wind and Solar PV Industries" by Lucy Baker and Wei Shen.

The paper explores the different modes of involvement of Chinese companies in South Africa's solar PV and wind energy sectors, and how the differentiated technological and industrial trajectories of Chinese companies are interacting with South Africa's unique national context.