JOHANNESBURG - Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to selective, strategic projects, according to data released on Wednesday by Boston University.The lending, which is less than a tenth of the $28.8 billion peak in 2016, reflects China's move away from large infrastructure projects such as railways and roads and toward smaller, commercially viable projects, according to Boston University's Global Development Policy Center."As the era of billion-dollar projects winds down, China'…READ FULL ARTICLE
