Africa loans

Ecobank Opens ‘China desk’ to Manage Africa Loans

China is already a big investor in Africa. In a move that anticipates even greater amounts of Chinese investment, prominent African bank Ecobank plans will launch a “China desk” on April 11th. Pan-African bank,...

China Outdoes Europeans in Congo

In an analysis for Inter Press Service, John Vandaele suggests that ,in contrast to Europe’s colonial history in Africa, China’s thirst for natural resources (leading to a major Sino-Congolese deal of US$12 billion of...

World Bank Expresses Concern About Sustainability of China Loans to Africa – Forbes

Just as China is being praised for moving from a recipient of World Bank aid to a donor, the World Bank president has expressed concern about China’s loan programs to Africa (while also acknowledging that the World Bank will cooperate with a Chinese bank on an Africa-based project next year). From Forbes: China is investing […]

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