Africa Nations With Highest Debt To China 2021
China's business dealings in Africa is actually disturbing, This is because,
An estimated 20 percent of African governments’ external debt is owed to China and 40 percent of African countries are at a high risk of debt distress.
China, is a major African trade partner and lender, but critics have accused China of extending unsustainable loans to developing countries.
From 2012 to 2020 Chinese loans to countries in sub-Saharan Africa, grew tenfold to more than 10 billion dollars per year.
In this video, we give you countdown, of top African Countries with heavy Debt to Chinese Government.
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