The article below comprises extracts from Policy Brief No. 11/2016 coauthored by Jyhjong Hwang (Senior Research Assistant), Dr Deborah Bräutigam (Director) and Janet Eom (Research Manager), Chinese Africa Research Institute (CARI), John Hopkins School of Advanced International Studies. The paper is titled: How Chinese money is transforming Africa – it’s not what you think.
Is China lending more to Africa than the World Bank? Our data says definitely not. With even the most generous figures, CARI’s estimate of Eximbank’s lending to sub-Saharan Africa between 2001 and 2010 is only $30.5 billion.
This article was originally published on Now How Africa, the portal dedicated to energy and sustainability in Africa, powered by MWH, now part of Stantec. Read the full article here: http://nowhow.international/china-africa-the-real-figures/
