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 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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Bibliographic Details
Main Authors: Butterfield, William, Foster, Vivien, Chen, Chuan, Pushak, Nataliya
Language:English
Published: World Bank, Washington, DC 2008-10
Subjects:BANK FINANCING, BANK LOAN, BANK LOANS, BENEFICIARY, COMMERCIAL CONTRACTS, CONTRIBUTION, CREDIT ARRANGEMENTS, CREDITORS, DEVELOPMENT ASSISTANCE, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, EQUIPMENT, EXPORTER, FINANCIAL ASSISTANCE, FINANCIAL FLOWS, FINANCIAL SUPPORT, GRACE PERIOD, GRACE PERIODS, HOUSEHOLD ACCESS, INFRASTRUCTURE DEVELOPMENT, INFRASTRUCTURE FINANCE, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE LOANS, INFRASTRUCTURE PROJECTS, INTEREST RATE, INTEREST RATES, INVESTING, LINE OF CREDIT, LOAN, LOAN COMMITMENTS, MASS TRANSIT, MASS TRANSIT SYSTEM, MATURITIES, MATURITY, NATURAL RESOURCES, PAYMENT IN KIND, PRIVATE CREDITORS, PUBLIC-PRIVATE PARTNERSHIP, PUBLIC-PRIVATE PARTNERSHIPS, PURCHASES, RAIL, RAIL LINE, RAIL MASS TRANSIT, RAIL SECTOR, RAILROAD, RAILROADS, RAILWAY, RAILWAY LINES, REPAYMENT, RESERVE, ROAD PROJECTS, SALES, SANITATION, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TRANSPORT, WATER SUPPLY,
Online Access:http://documents.worldbank.org/curated/en/2008/10/10201384/chinas-emerging-role-africa-part-changing-landscape-infrastructure-finance
https://hdl.handle.net/10986/10587
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