How is Africa benefiting from China''s global
Between development, dependence, and the energy transition, some environmentalists worry that China is playing a double game that is
China is uniquely well positioned to support clean energy expansion and access in sub-Saharan Africa because it is home to more than 80% of the world's renewable energy manufacturing. This makes the country a good partner in Africa, as it is also Africa's largest bilateral trading partner and one of its biggest sources of foreign aid.
China could play a key role in addressing Africa's energy crisis. China is not only Africa's largest bilateral trading partner and one of its biggest sources of foreign aid, but is also home to more than 80% of the world's renewable energy manufacturing.
China's first major program under its new strategy of shifting overseas renewable energy investments toward smaller-scale initiatives is the Africa Solar Belt.
In the past, the bulk of Chinese financing had been driven by the backing of China's two policy banks – the Export-Import Bank of China (EXIM) and the China Development Bank (CDB) – and directed particularly towards coal-fired power plants. The two banks had issued $182bn in loans across Africa, primarily into the energy sector.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Download detailed product specifications, case studies, and technical data for our off-grid PV containers and mobile energy storage solutions.
15 Innovation Drive
Johannesburg 2196, South Africa
+27 87 702 3126
Monday - Friday: 7:30 AM - 5:30 PM SAST