Africa gets the lion's share of energy financing from China

0 50 A frica received the greatest amount of energy financing from China's two global policy banks—the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) a new report focusing on the year 2020 has shown. The report by Boston University's Global Energy Finance database reveals that Nigeria for instance received a loan for the Ajaokuta, Kaduna, Kano (AKK) gas pipeline project; Cote d'Ivoire approved the loan for Gribo-Popoli hydro project; Rwanda received a loan for the Nyabarongo II hydropower plant; and Lesotho signed the Mafeteng solar PV power plant. Elsewhere, lending was more geographically spread out. In…