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China, Africa, and the PRC’s Massive New Development Bank

Although its initial focus will be Asia, the Asian Infrastructure Investment Bank may eventually broaden its scope to provide development assistance to countries in Africa as well.

by Tang Xiaoyang
published by
China Africa Project
 on April 25, 2015

Source: China Africa Project

Fifty-seven countries, including two from Africa, are among the founding members of China’s new development bank, the Asian Infrastructure Investment Bank (AIIB). While the new bank’s primary objective will be developing infrastructure projects in Asia, as its name suggests, there is widespread anticipation (mixed with some hope) that the bank will expand the scope of its work to eventually include Africa and other developing regions.

Carnegie–Tsinghua’s Tang Xiaoyang joined Eric Olander and Cobus van Staden to discuss the AIIB and what implications it could have for development finance in Africa.

This podcast was originally broadcasted by the China Africa Project.

EconomySouthern, Eastern, and Western AfricaEast AsiaChina
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