Follow CGSP on Social Media

Listen to the CGSP Podcast

More African Countries Are Now Members of the AIIB But It’s Still Very Much an ASIAN Development Bank

This week’s announcement that Liberia will become the newest member of the Beijing-based Asian Infrastructure Investment Bank (AIIB) highlighted the growing prominence that Africa now has in the bank. Currently, ten African states are members, with another nine waiting for their applications to be approved.

“The growth of our membership from Africa demonstrates the understanding that multilateralism has the potential to address extraordinary challenges,” said AIIB President Jin Liqun.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.