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

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2008-10
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2012-08-13
Author(s)
Butterfield, William
Chen, Chuan
Pushak, Nataliya
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Abstract
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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Butterfield, William; Foster, Vivien; Chen, Chuan; Pushak, Nataliya. 2008. China's Emerging Role in Africa : Part of the Changing Landscape of Infrastructure Finance. Gridlines; No. 42. © World Bank. http://hdl.handle.net/10986/10587 License: CC BY 3.0 IGO.
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