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WebJun 6, 2024 · South China Morning Post. The rise in African debt due to Chinese lending pales in comparison with the debt burden created by private creditors in the last decade, according to a new report taking ... WebMar 7, 2024 · Last year, with more than $1 billion in debt to China, Sri Lanka handed over a port to companies owned by the Chinese government. Now Djibouti, home to the US military’s main base in Africa ... WebJul 20, 2024 · Chinese Debt and the Myth of the Debt-Trap in Africa In the space of a decade and a half, China has become Africa’s largest bilateral creditor, with having committed to lend over 150bn USD between 2000-2024, larger than any OECD (Organization for Economic Cooperation and Development) lender, and near-matching … the ottawa mission volunteer