Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

China's Role in the African Infrastructure Financing Crisis

China's Role in the African Infrastructure Financing Crisis

FromThe China in Africa Podcast


China's Role in the African Infrastructure Financing Crisis

FromThe China in Africa Podcast

ratings:
Length:
56 minutes
Released:
May 21, 2021
Format:
Podcast episode

Description

African infrastructure financing is facing a crisis. Financing levels have plunged from $100 billion a year in 2014 to just $31 billion last year, according to a new report published by the international law firm Baker McKenzie. This is a massive setback for the continent that's been working hard to fill a gaping infrastructure deficit the AfDB conservatively estimates is valued somewhere around a trillion dollars over ten years. And the situation has been made worse by the dramatic pullback in overseas development financing from China's two largest policy banks that have been the dominant funders of African infrastructure over the past 5-6 years.Wildu du Plessis, head of Baker McKenzie's Global Africa Practice and a co-author of the report, joins Eric & Cobus to discuss the current state of African infrastructure financing and why, despite the current challenges, he nonetheless remains optimistic about the future.JOIN THE DISCUSSION:CAP on Facebook: www.facebook.com/ChinaAfricaProjectTwitter: @eolander | @stadenesqueSUBSCRIBE TO THE CAP'S DAILY EMAIL NEWSLETTERYour subscription supports independent journalism. Subscribers get the following:1. A daily email newsletter of the top China-Africa news.2. Access to the China-Africa Experts Network3. Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.comTry it free for 30-days and see if you like it. Subscriptions start at just $7 a month for students and teachers and $15 a month for everyone else. Subscribe here: www.chinaafricaproject.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 21, 2021
Format:
Podcast episode

Titles in the series (100)

Twice-weekly discussion about China's engagement across Africa and the Global South hosted by journalist Eric Olander and Asia-Africa scholar Cobus van Staden in Johannesburg.