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Chinese funding of sub-Saharan Africa infrastructure dwarfs that of West: Think tank - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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China’s development banks provided $23 billion in financing for infrastructure projects in sub-Saharan Africa from 2007 to 2020, more than double the amount lent by such banks in the United States, Germany, Japan and France combined, a new study showed.

A Chinese engineer and a local construction worker work on a section of the Mombasa-Nairobi standard gauge railway in Emali, Kenya October 10, 2015.

Nancy Lee, lead author of the paper and a senior policy fellow at the center, said overall public funding for projects in sub-Saharan Africa remained stuck at around $9 billion, well short of what the region needs for roads, dams and bridges. Between 2007 and 2020, China Exim Bank and China Development Bank provided $23 billion in financing, while all other major development finance institutions combined provided $9.1 billion, the report found.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Incredible!! but are these loans, donations or indirect Investments fr China 🇨🇳?

So, basically...we've got new captures...

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 37. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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