China's finance in Africa : what and how much? /
Wamboye, Evelyn F.,
China's finance in Africa : what and how much? / Evelyn F. Wamboye. - 1 online resource (71 pages) : digital, PDF file(s). - Cambridge elements. Elements in the economics of emerging markets, 2631-8598 . - Cambridge elements. Elements in the economics of emerging markets, .
Title from publisher's bibliographic system (viewed on 11 Jan 2021).
This Element provides a detailed analysis of official finances from China to Africa with special attention to the question of Africa's foreign finances policy. The findings reveal that Africa has an infrastructure gap and Chinese finances are largely used to fund infrastructure projects. However, the majority of the funds are loans, which are mortgaged on Africa's natural resources. In addition, Chinese firms are the ones implementing the projects, and much of the raw material and labor is imported from China. All these calls for Africa to institute a coherent foreign finances policy that ensures African countries fully benefit from these finances.
9781108893350 (ebook)
International economic relations.
China--Foreign economic relations--Africa.
Africa--Foreign economic relations--China.
HF1604.Z4 / A35129 2020
337.5106
China's finance in Africa : what and how much? / Evelyn F. Wamboye. - 1 online resource (71 pages) : digital, PDF file(s). - Cambridge elements. Elements in the economics of emerging markets, 2631-8598 . - Cambridge elements. Elements in the economics of emerging markets, .
Title from publisher's bibliographic system (viewed on 11 Jan 2021).
This Element provides a detailed analysis of official finances from China to Africa with special attention to the question of Africa's foreign finances policy. The findings reveal that Africa has an infrastructure gap and Chinese finances are largely used to fund infrastructure projects. However, the majority of the funds are loans, which are mortgaged on Africa's natural resources. In addition, Chinese firms are the ones implementing the projects, and much of the raw material and labor is imported from China. All these calls for Africa to institute a coherent foreign finances policy that ensures African countries fully benefit from these finances.
9781108893350 (ebook)
International economic relations.
China--Foreign economic relations--Africa.
Africa--Foreign economic relations--China.
HF1604.Z4 / A35129 2020
337.5106
