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The rise of china and India in Africa; From an economic perspective
Figure 3: China’s loans to Africa (in $ billions)

18000
16000

14000
12000
10000

8000
6000

4000
2000

0
2000200120022003200420052006200720082009201020112012201320142015

Source; Chinese Loans to African governments. Version 1.3 May 2017.
Source; Chinese Loans to African governments. Version 1.3 May 2017.
- Johns Hopkins SAIS, China Africa research initiative, at www.SAIS-CARI.org
Johns Hopkins SAIS, China Africa research initiative, at www.SAIS-CARI.org
The presence of China in Africa is huge. It has over than 900
The presence of China in Africa is huge. It has over than 900
projects, and 800 companies which are in service in different states. It has
projects, and 800 companies which are in service in different states.
sent 16,000 medical staff to number of African countries, presented
It has sent 16,000 medical staff to number of African countries, pre-
scholarships to 20,000 African students, and skilled a great number of
African professionals. While India became a regional main member of
sented scholarships to 20,000 African students, and skilled a great
the African Development Bank two years prior to China (in 1982), China
number of African professionals. While India became a regional
at present holds more shares in the bank and has a superior voting
influence.
main member of the African Development Bank two years prior to
Around 800 Chinese corporations have business in Africa, and the
China (in 1982), China at present holds more shares in the bank and
majority of them are private companies, that have investments in the
has a superior voting influence.
fields of; infrastructure, energy and banking.
Around 800 Chinese corporations have business in Africa, and

the majority of them are private companies, that have investments in
the fields of; infrastructure, energy and banking.

Conclusion 55

- This paper has provided an overview of China and India’s
arrangements with Africa, and the re-emerging as great economies
in the international system and a return of history.

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