Evelyn F. Wamboye

China's Finance in Africa (eBook, PDF)

What and How Much?

• Format: PDF

Produktbeschreibung

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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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 4. März 2021
• Englisch
• ISBN-13: 9781108897570
• Artikelnr.: 66183988

Inhaltsangabe

1. Introduction: Africa in the 21st Century
Changing Perceptions and Landscape; 2. Literature Review
China's Engagement in Africa; 3. Case Study
Tanzania; 4. Conclusion and Recommendations.