27.07.2018 - 04:34 [ Economist ]

Chinese lending for African infrastructure trebles – Sub-Saharan Africa sees the vast majority of lending since 2014

The value of loans from Chinese lenders to energy and infrastructure projects in Africa almost trebled between 2016 and 2017, from US$3 billion to US$ 8.8 billion, with policy lenders China Development Bank and China Exim particularly active in helping bridge Africa’s infrastructure gap, according to multinational law firm, Baker McKenzie