The African countries with the largest Chinese debt 2021: China is a big lender but rarely accounts for most African countries’ debts. In 2021, the most recent year with good data, Chinese loans accounted for 17% of the stock of public debt in sub-Saharan Africa, says the China Africa Research Initiative (cari) at Johns Hopkins University in Washington, dc.
According to the International Monetary funds (IMF) African countries highly indebted to China in 2021 include
1. Kenya $50 billion 2. Angola $25 billion 3. Ethiopia $13.5 billion 4. Zambia ($7.4 billion 5. DRC $7.3 billion 6. Sudan $6.4 billion 7. Nigeria $4.1 billion
African countries with the largest Chinese debt