Kai Zhu
Kai Zhu
Kai Zhu is the principal, head of China Corridor at Absa Corporate and Investment Bank (CIB), responsible for developing and executing Absa’s China growth strategy. Kai has over 15 years of experience in corporate and investment banking, focused primarily on power and infrastructure finance.

China’s lending to Africa has slowed during the pandemic, with the ‘zero-Covid’ policy and travel restrictions limiting the ability to seal new deals. Given China’s long-standing relationship with Africa, though, the effects of the pandemic should be a short-term issue that eases with time.

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Beijing is looking to Africa to realise its vast potential by moving away from state loans and embracing economic reforms and entrepreneurship — like China did 40 years ago.