Angola has secured 25% of Chinese loans to Africa since 2000

Between 2000 and 2023, Africa received $182 billion in Chinese loans, primarily for energy and transportation development.

Angola, with 25%, was the largest recipient; Ethiopia, Egypt, Nigeria, and Kenya followed.

While 49 countries benefited, experts warn of increasing debt risks.

Source:

Boston University Global Development Policy Center

Period:

2000-2023
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11 African nations constituted 69% of the continent's total external debt stock as of H1 2024
  • Just 11 countries hold 69% of Africa’s total external debt.
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