China's Finance in Africa

What and How Much?

China's Finance in Africa
Evelyn F Wamboye
RRP:
NZ$ 35.95
Our Price:
NZ$ 32.36
Paperback
Not defined - 75pg
4 Mar 2021 UK
International import eta 7-19 days
9781108789790
Out Of Stock
Currently no stock in-store, stock is sourced to your order
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.

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