The ten African nations having the biggest Chinese loan

Due to the topic's extensive media coverage, China was compelled to comment in order to ease any worries regarding the country's agreement with numerous African states. Of course, China argued that there were no debt traps for Africa, but in the end, it agreed to cancel some loans and extend the payment terms for others. The top 20 receivers of Chinese loans in Africa from 2000 to 2022 are shown in a research report published by Chatham House (an English organization that aids individuals, societies, and governments in understanding and adjusting to seismic change) in December 2022. It is critical to remember that the figures provided by Chatham House are based on loan promises and shouldn't be compared to the debt held by the governments of Africa. The case study demonstrates the evolution of lending to Africa over time, from resource-based surplus to more strategically or commercially focused decisions. The ten African nations with the biggest debt to China are listed below. The numbers below are expressed in US dollars ($) in millions.