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Find all the economic and financial information on our Orishas Direct application to download on Play StoreCentral African countries have owed a colossal debt to China. According to an official Chinese government document entitled “Chinese Loan to African Governments”, it appears that China's claims against the CEMAC area amount to more than 17 billion dollars
.According to the Chinese Ministry of Commerce, in 2018 Chinese Foreign Direct Investment (FDI) flows to CEMAC fell by 103 million dollars compared to 2017, when they amounted to 193 million dollars. Despite this decrease, China remains a strategic partner for Central Africa. Countries in the zone owe China more than 17 billion dollars. At the top of the list of claims, Cameroon is located, with an estimated debt of 6.202 billion dollars, followed respectively by Congo (5.390 billion dollars) and Equatorial Guinea (3.020 billion dollars), which form a top three. Gabon accounts for 1.681 billion dollars, while Chad and the Central African Republic total almost 2 billion dollars combined, confirming a trend observed since the 2000s, which makes the Middle Kingdom the main bilateral donor of Central Africa, far from the European Union, which was the strategic partner for a long time, with other countries, including the United States, Russia, India and Brazil content themselves with the menu. brat.
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