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China EximBank

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Chinese financing casts long shadow over Africa

The value of loans from Chinese financing of energy and infrastructure projects in Africa almost trebled between 2016 and 2017, from $3 billion to $8.8 billion, with policy lenders China Development Bank and China...

Guinea: EximBank approves $1.3bn for hydropower plant

China’s EximBank has approved $1.3 billion in financing for a utility-scale hydroelectric plant in Guinea. The 450MW plant is expected to produce sufficient capacity to export to the west African country’s neighbouring countries. Reuters reported that...