Description: China's Emerging Role in Africa : Part of the Changing Landscape of Infrastructure Finance

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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...

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Bibliographic Details
Main Authors:	Foster, Vivien, Butterfield, William, Chen, Chuan, Pushak, Nataliya
Language:	English
Published:	World Bank, Washington, DC 2012
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 http://hdl.handle.net/10986/10587

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Summary:	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.