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China's Lending to Africa Rises for First Time in Seven Years, Study Shows

By: NewsFeed

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By Duncan Miriri NAIROBI (Reuters) – Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an independent study showed on Thursday. Africa secured more than $10 billion in loans a year from China between 2012-2018, thanks to President Xi …

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