🌍 Chinese loans to Africa drop, but West Africa sees a rise! Boston University reports a 37% decrease in loan averages from 2017-19 to 2020-22. However, West African countries like Senegal, Benin, and Ivory Coast took the biggest share of Chinese loans in recent years. 🤔 What's behind this shift? Experts suggest it's a second stage of the Belt and Road Initiative in Africa, focusing on West and francophone Africa.
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