China Scales Back Africa Lending and Shifts to Yuan

China Scales Back Africa Lending and Shifts to Yuan

  • January 22, 2026

China sharply reduced its lending to Africa in 2024, signalling a structural shift in how Beijing finances overseas engagement. Total new loans fell to about $2.1 billion, nearly half the level recorded a year earlier and far below the peaks of the mid

China-Africa Relations Enter a New Era of Strategic Partnership and Modernization Cooperation

China-Africa Relations Enter a New Era of Strategic Partnership and Modernization Cooperation

  • December 4, 2025

As China and Africa mark a decade since the elevation of their strategic partnership at the 2015 Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC), the bilateral relationship has entered a new phase characterized by deepened collaboration, shared modernization goals, and increasingly