China is not the largest creditor to African governments but it is certainly one of the most important, particularly because Chinese loans are far more opaque than those from other lenders.
Now, in the midst of a burgeoning debt crisis in a number of African countries, it’s critical that policymakers enact sweeping reforms to improve the levels of debt transparency as part of a larger effort to implement more responsible lending practices, according to a new report by the South Africa-based Institute for Security Studies.