Tag: African infrastructure finance
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China’s Evolving Lending Footprint in Africa: Selective Engagement and Strategic Retooling
By Mengdi Yue and Yiyuan Qi Chinese loans to Africa are down once again, but not out. Boston University Global Development Policy Center’s newly updated Chinese Loans to Africa (CLA) Database shows that, despite a slight rise in 2023, Chinese ...
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China’s Africa Lending Nearly Halved in 2024, Shifts to Yuan
By Colleen Goko Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to selective, strategic projects, according to data released on Wednesday by Boston University. ...
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
China’s Evolving Lending Footprint in Africa: Selective Engagement and Strategic Retooling
By Mengdi Yue and Yiyuan Qi Chinese loans to Africa are down once again, but not out. Boston University Global Development Policy Center’s newly updated Chinese Loans to Africa (CLA) Database shows that, despite a slight rise in 2023, Chinese ...
China’s Africa Lending Nearly Halved in 2024, Shifts to Yuan
By Colleen Goko Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to selective, strategic projects, according to data released on Wednesday by Boston University. ...