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China shifts from Africa’s top megaproject lender to a debt collector

Since the mid‑2000s, China has established itself as Africa’s principal bilateral financier for large infrastructure projects, including railways, bridges, dams and ports. But as the loans involved reach maturity, Beijing has transitioned from a net provider of funds to a net collector. Drawing on data from Boston University’s Global Development Policy Centre and its own calculations, Oxford Economics Africa said in a new analysis that Chinese loan commitments dropped from a peak of US$28.8...

Where: China, Beijing, Boston

Exact coordinates

china: 35.860, 104.200
beijing: 39.900, 116.400
boston: 42.360, -71.060

Read it at South China Morning Post See this on the map

People walking through a modern airport terminal past an Indomie advertisement.
People walking through a modern airport terminal past an Indomie advertisement. AI-written description This image does not appear to show the event — The image description shows people walking through an airport terminal with an advertisement, which is unrelated to the headline about China shifting from a lender to a debt collector in Africa.
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