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    Africa Received Nearly Half of China's Foreign Aid in 2009 - Report

    By Ma. Rizza Leonzon // 25 April 2011

    China allocated some 45.7 percent of its total foreign aid in 2009 to African nations, targeting infrastructure schemes and the development of resources including oil and mines.

    According to figures from a white paper distributed by the State Council’s Information Office, China spent 256.3 billion yuan ($39.3 billion) of cumulative foreign aid at the end of 2009, Bloomberg reports.

    Chinese foreign aid has been increasing at an average of 29.4 percent every year from 2004 to 2009, the report notes, according to Xinhua. 

    Read more development aid news.

    • Humanitarian Aid
    • Trade & Policy
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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