Finance Archives - Africans on China

70% Of China Pledged $60 Billion Funds To Africa Is Already In Use Despite Pandemic

Aoc — Wed, 23 Dec 2020 08:00:00 +0000

70% of the $60 billion of China's pledged financial support to Africa is already in use or provisioned. Africa-China cooperation has not been stopped by the pandemic.

The post 70% Of China Pledged $60 Billion Funds To Africa Is Already In Use Despite Pandemic appeared first on Africans on China.

How China Is Changing Its Financing Approach In Africa

Aoc — Tue, 22 Dec 2020 08:00:00 +0000

There is now a new China financing approach with funding infrastructure in Africa through public-private partnerships.

The post How China Is Changing Its Financing Approach In Africa appeared first on Africans on China.

Chinese Money Does Not Create Bad Governance In Africa

Amodani Gariba — Tue, 20 Oct 2020 09:00:00 +0000

Aside from the debt trap narrative, some analysts are of the view that Chinese loans complicate the problem of governance in Africa. This article seeks to restate the facts pertaining to the relationship of Chinese debts to Africa’s governance problem.

The post Chinese Money Does Not Create Bad Governance In Africa appeared first on Africans on China.

Why Zambia’s Eurobond Default Raises Questions About Its China Debt

Editor — Fri, 09 Oct 2020 08:00:00 +0000

As the coronavirus pandemic cripples economies of many African countries, defaulting on debts owed to global financial institutions, private lenders, and other development partners are almost becoming unavoidable. Recently, Zambia…

View post to subscribe to site newsletter.

The post Why Zambia’s Eurobond Default Raises Questions About Its China Debt appeared first on Africans on China.

Will China’s Lending Behavior Change With Scrutiny From Africa

Amodani Gariba — Tue, 29 Sep 2020 09:00:00 +0000

By Amodani Gariba As China’s trade increased in Africa, so did its loan commitments to countries on the continent. These loans funded multitudes of infrastructural projects in Africa. Others too…

The post Will China’s Lending Behavior Change With Scrutiny From Africa appeared first on Africans on China.

Why Has Liberia Become Africa’s Newest Member Of China-led Development Bank

Editor — Mon, 10 Aug 2020 04:00:00 +0000

The Asian infrastructural investment Bank(AIIB) has announced the acceptance of Liberia as its new African member

The post Why Has Liberia Become Africa’s Newest Member Of China-led Development Bank  appeared first on Africans on China.