While China is Africa’s biggest bilateral creditor, most of the continent’s debt is due to private Western holders of African debt, according to a new study. Photo: PowerChina
While China is Africa’s biggest bilateral creditor, most of the continent’s debt is due to private Western holders of African debt, according to a new study. Photo: PowerChina

Chinese debt traps in Africa? The bigger worry is bondholders, study finds

  • China is the continent’s biggest bilateral creditor but most of the debt is due to private Western holders of African debt, according to a new report
  • Private-sector manoeuvring rather than Chinese scheming more likely to induce a wave of defaults, researchers say

While China is Africa’s biggest bilateral creditor, most of the continent’s debt is due to private Western holders of African debt, according to a new study. Photo: PowerChina
While China is Africa’s biggest bilateral creditor, most of the continent’s debt is due to private Western holders of African debt, according to a new study. Photo: PowerChina
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