By Colleen Goko JOHANNESBURG, Jan 22 (Reuters) - Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to ...

China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...

JOHANNESBURG, Jan 27 (Reuters) - China's role as a leading financier to developing nations has shifted over the past decade, ...

China cut lending to Africa by 46% in 2024 to $2.1 billion, down from 2023 levels. Large projects above $1 billion shifted from loans to foreign direct investment and trade financing. Five countries ...

African nations now send more money to China in the form of loan repayments than they receive in new borrowing from the world ...

Chinese lending to Africa dropped by nearly half to US$2.1 billion in 2024 compared with the previous year, according to a ...

Chinese lending to African nations has remained below $2 billion for the second year in a row, according to data from Boston University’s Global Development Policy Centre’s Chinese Loans to Africa ...

African countries seek to rebalance their ties with China toward debt sustainability, value addition, and industrialization ...

This article was submitted as part of the Global Voices Climate Justice fellowship, which pairs journalists from Sinophone and Global Majority countries to investigate the effects of Chinese ...

Kenya has converted part of its Chinese loans from U.S. dollars into renminbi (RMB), while Ethiopia is negotiating a similar arrangement. These conversions provide fiscal relief while embedding ...

For two decades, China’s strategy in Africa was straightforward: shower the continent with opaque and corrupt loans to build roads, ports, and power plants, securing influence and natural resources ...