Evolving Dynamics of China-Africa Financial Relations

This chapter examines the shifting landscape of financial relations between China and Africa, focusing on the impact of FOCAC summits and the rise of commercial creditors in infrastructure financing. It highlights the transition from traditional state-led loans to a greater reliance on diverse funding mechanisms, including smaller, commercially oriented projects. The discussion also underscores the role of multilateral development banks and initiatives like the Africa Growing Together Fund in facilitating investments that align with Africa’s development needs.