Chinese support to African Infrastructure

14 July 2008

China, India, and a few Middle Eastern Gulf nations are financing a record number of infrastructure projects across Sub-Saharan Africa, says a new World Bank Report.

Investment commitments in Africa by these emerging financiers jumped from less than $1 billion per year before 2004 to around $8 billion in 2006 and $5 billion in 2007, signalling a growing trend in cooperation among developing economies (South-South cooperation).

Building Bridges: China’s Growing Role as Infrastructure Financier for Sub-Saharan Africa shows how new infrastructure partnerships are emerging, driven by strong economic growth in the region, an improved business-friendly climate, and rising demand for petroleum and other commodities from China and India.

Download the full report here - [Englsih - PDF 2.4MB]

Category: General News

Subscribe to our Newsletter

This week's must-sees

Interviews, article, discussions, news of the week

Each Friday, at 8PM (Paris GMT), the Infrastructure Consortium for Africa (ICA) selects for you the moments you should not miss

To subscribe:

Subscribe now

You are currently offline. Some pages or content may fail to load.