Sign up for our free China-Africa Week in Review email newsletter
  • This field is for validation purposes and should be left unchanged.

Follow CAP on Social Media

Listen to the CAP Podcast

Who China Lends Money to in Africa and How Much They Provide Has Changed a Lot

One of the key findings in CARI's newest report on Chinese lending patterns in Africa revealed a major shift in who Chinese creditors are lending money to and for how much. The once enormous resource for infrastructure loans extended to countries ...

CARI: Chinese Lenders Have Provided $7.6 Billion in Debt Relief Since Last Year, Mostly to Africa

Angola is the primary beneficiary of Chinese debt restructuring activities over the past year, accounting for $6.2 billion out of $7.6 billion of total relief provided by Beijing to developing countries in 2020-2021, according to official data compiled by the China-Africa Research Initiative at ...

China Takes a Lot More Risks in Loans to African Countries Than Other International Creditors

New research finds that China has a much higher risk tolerance in its overseas lending practices, particularly to African countries, compared to other major creditors from the U.S., Europe, and Japan. "There is a negative relationship between credit risk and Chinese development finance—a disproportionate share of Chinese ...

Researchers Want Official Washington to Know That China’s Actually Doing Quite a Bit to Relieve the Debt Problem in Africa

While U.S. policymakers are trying to come up with a new, more effective approach to challenge China's engagement in Africa, a trio of scholars at the Washington, D.C.-based China-Africa Research Initiative at Johns Hopkins University want to make it clear that Beijing is actually doing far more ...

Fact Check: Angola is NOT a Good Case Study of Chinese Debt in Africa

The Economist Intelligence Unit's Global Forecasting Director Agathe Demarais characterized China's loan portfolio in Angola as "a good case study" for Beijing's financial engagement across Africa. "Not really," replied Hannah Ryder, CEO of the Beijing-based consultancy Development Reimagined, "it's ...

Spokesman: International Financial Institutions and Foreign Creditors Have More Responsibility Than China to Alleviate Africa’s Debt Pressures

Chinese Foreign Ministry spokesman Wang Wenbin said China is not to blame for the burgeoning financial problems in Africa. " Not a single African country had debt difficulties due to its cooperation with China," he said in response to a question from Hunan Radio and ...

With Major Repayments to China Coming Due, Kenya’s Debt Servicing Costs Gobble Up More of the National Budget

Beginning in July, Kenya's debt repayment will cross the psychologically important barrier of 1 trillion shillings ($9.15 billion), according to the National Treasury, prompting renewed concerns over the country's ability to sustain a debt portfolio that has doubled in size since 2017.

Nigerian Foreign Minister Geoffrey Onyeama Reflects on Ties With China: We Are Not “Blind and Gullible”

Nigerian Foreign Minister Geoffrey Onyeama is the latest senior African stakeholder to push back against the accusation that China is taking advantage of Africa in general and his country in particular. "It is not totally accurate to make it sound as if we go into these relationships ...

China’s Cutting Back on BRI Financing, But Not For Renewable Energy

China has dramatically cut back financing overseas infrastructure development initiatives, especially for carbon-intensive energy projects involving oil, gas, and coal. From 2016 to 2019, China's two major policy banks slashed lending by a stunning 85%. ...

Ethiopia’s Appeal For Debt Relief Puts China’s Loan Portfolio Under the Spotlight

Ten months ago, Ethiopian Prime Minister Abiy Ahmed was the first African leader to sound the alarm over the debt crisis that would ensue from the then-nascent outbreak of COVID-19. African economies, he warned face an "existential threat" from the combined effects of an unprecedented ...
Page 2 of 1912319