China's Emerging Role in Africa : Part of the Changing Landscape of Infrastructure Finance
In 2006, which China named the "Year of Africa," it quadrupled its investment commitments to infrastructure in Sub-Saharan Africa, to more than $7 billion. In 2007 China committed another $4.5 billion. Such funds could make a significant...
Main Authors: | , , , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/10/10201384/chinas-emerging-role-africa-part-changing-landscape-infrastructure-finance http://hdl.handle.net/10986/10587 |
Summary: | In 2006, which China named the
"Year of Africa," it quadrupled its investment
commitments to infrastructure in Sub-Saharan Africa, to more
than $7 billion. In 2007 China committed another $4.5
billion. Such funds could make a significant contribution
toward meeting Africa's infrastructure investment
needs. In the power sector, where Africa faces some of its
largest gaps, China is investing $5.3 billion, including
$3.3 billion in projects that, if completed, will increase
the region's hydro generation capacity by 30 percent.
China's growing role in Africa has generated much
discussion. A new study seeks to add concrete numbers and
solid analysis. |
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