Our Chinese Loans to Africa Database is out with updated data from 2000-2020! The dataset, interactive and accompanying policy brief offers invaluable insights into Chinese Loans to Africa in 2020 and over the years. gdpcenter.org/CLA-Data #ChinaAfrica 
1.Chinese lenders and African borrowers signed $1.9 billion worth of loan commitments in 2020. This brings the total of Chinese loans to Africa to a significant amount. From 2000-2020, Chinese lenders and African borrowers signed 1,188 loan commitments worth $160 billion.
2. In 2020, the $1.9 billion worth of loans covered 11 loan agreements across Burkina Faso, Ghana, Madagascar, Lesotho, Democratic Republic of Congo, Rwanda, Uganda and Mozambique. The African Export Import Bank also signed a loan agreement with a Chinese lender.
3.Of note: The Export-Import Bank of China committed 8 of the loans, China Development Bank signed no new commitments to African borrowers in 2020, and the ICT sector received the second highest amount of loans for 5 projects amounting to $568 million.
4.2020 loan amounts are low. This follows a trend we’ve seen since Chinese loans to Africa peaked in 2016 (2013 if excluding the special case of loans to Angola).
5. What may explain low lending? The effects of the COVID-19 pandemic on African economies, debt distress in some African countries, cautionary lending practices by Chinese lenders, and China’s focus on domestic econ priorities (dual circulation policy) at home.
Our new data interactive is also pretty snazzy. Check out the data! gdpcenter.org/CLA-Data
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