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2020 – "Strategic Interests, Security Implications: China, Africa, and the Rest," Sep 22–Oct 2, 2020 (virtual) The 2020 keynote speaker was Prof. Chris Alden, on China's Changing Role in African Security. [3] 2019 – "Catalysts, Competition and Learning: Knowledge, Skills, and Technology Transfer in China-Africa Engagements", April 15–16 ...
In 2020 South Africa was estimated to owe the equivalent of 4% of its annual GDP to Chinese lenders. [24] In July 2018, China announced to invest $15 billion in South Africa's economy which included loans for power utilities and infrastructure.
Sino–African relations, also referred to as Africa–China relations or Afro–Chinese relations, are the historical, political, economic, military, social, and cultural connections between China and the African continent. Little is known about ancient relations between China and Africa, though there is some evidence of early trade connections.
Between 2000 and 2014, China loaned US$21.2 billion to Angola, mostly in the form of resource-backed loans. [25] These exchanges of infrastructure for resources have helped enhance the fiscal capacity of Angola's government. [18]: 101 Another estimate states that the amount of Chinese investment in Angola tallied US$24.7 billion from 2005 to 2020.
Colombo International Financial City built on land reclaimed from the Indian Ocean and funded with $1.4bn in Chinese investment is a special financial zone and another major Chinese investment in Sri Lanka. [103] In April, Sri Lanka experienced a default on its foreign debt amounting to US$50 billion, with China being one of the creditors involved.
In 2011, Nigeria was the 4th largest trading partner of China in Africa and in the first 8 months of 2012, it was the 3rd. [27] In April 2018, Nigeria signed a $2.4-billion currency swap deal valid for 3 years. [28] In 2019, bilateral trade between China and Nigeria reached $19.27 billion. [21]
By the 1950s, Chinese communities in excess of 100,000 existed in South Africa, Madagascar, and Mauritius [10] Small Chinese communities in other parts of Africa later became the cornerstone of the post-1980 growth in dealings between China and Africa. However, at the time, many lived lives centered on local agriculture and probably had little ...
The Forum on China–Africa Cooperation (FOCAC) (simplified Chinese: 中非合作论坛; traditional Chinese: 中非合作論壇; pinyin: Zhōng Fēi hézuò lùntán; French: Forum sur la coopération sino-africaine) is an official forum between the People's Republic of China and all states in Africa with the exception of the Kingdom of Eswatini. [1]