CHINA’S LENDING TO AFRICA RISES FOR FIRST TIME IN SEVEN YEARS, STUDY SHOWS
Thu 29 August 2024: Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an independent study showed on Thursday. Africa secured more than $10 billion in loans a year from China between 2012-2018, thanks to President Xi Jinping’s Belt and Road Initiative (BRI), but the lending […]
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