One of the most important developments of the decade of 2000s was the rapid growth of China’s trade, investment, and official financial flows to Africa. Although there was a tremendous growth in China’s trade and investment links with the African continent, the most striking feature of the China–Africa relationship was Chinese finance for infrastructure development. China committed nearly US $153 billion to African public sector borrowers between 2000 and 2019. Chinese finance to Africa was predominantly channeled through the China Development Bank and the China EXIM Bank, and Chinese companies built vital infrastructure including roads, railways, ports, etc.
China and Africa—Is it the end of the honeymoon period? | ORF (orfonline.org)
