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It’s been apparent in recent times that China has offered way more financing for African infrastructure improvement than another nation or multilateral improvement finance establishment (DFI). Now, nevertheless, for the primary time, we all know how way more… and it’s loads.
Between 2007 and 2020, Chinese language funding for infrastructure initiatives in sub-Saharan Africa totaled $23 billion, based on a brand new report by Nancy Lee and Mauricio Cardenas Gonzalez on the Middle for World Growth in Washington — greater than twice as a lot as DFIs from the U.S., Europe, and Japan mixed.
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