Business
Nigeria ranks high on top 15 most indebted African countries to China 2022
Nigeria ranks among the range of six in the World Bank latest 2022 report on top 15 most indebted African countries to China.
The report indicated the debt stocks of the African countries under review and their respective total debts to China in 2022.
According to the World Bank, Angola tops with $20.98 billion, Ethiopia has $6.82 billion, Kenya $6.69 billion, Zambia $6.08 billion, Egypt has $5.21 billion, Nigeria $4.29 billion, Mozambique has $1.7 billion debt to China to place 15.
The debt stocks of the African countries to China, according to the World Bank include:
1 🇦🇴Angola: $20.98bn
2 🇪🇹Ethiopia: $6.82bn
3 🇰🇪Kenya: $6.69bn
4 🇿🇲Zambia: $6.08bn
5 🇪🇬Egypt, Arab Rep.: $5.21bn
6 🇳🇬Nigeria: $4.29bn
7 🇨🇮Cote d’Ivoire: $3.85bn
8 🇨🇲Cameroon: $3.78bn
9 🇿🇦South Africa: $3.43bn
10 🇨🇬Congo, Rep.: $3.42bn
11 🇺🇬Uganda: $2.71bn
12 🇨🇩Congo, Dem. Rep.: $2.55bn
13 🇿🇼Zimbabwe: $2.1bn
14 🇬🇭Ghana: $2.06bn
15 🇲🇿Mozambique: $1.7bn
-
Business1 week agoDangote cuts petrol, diesel prices again to boost affordability, economic activity
-
Health5 days agoSenate hearing set to review research on COVID-19 vaccines, cancer concerns
-
Comments and Issues1 week agoWhy baby boys outnumber girls at birth
-
Crime3 days agoLASU student dies after armed robbery attack
-
Football6 days agoFIFA confirms 10 key law changes for 2026 World Cup
-
Latest5 days agoCG Musa 4 PBAT’ group declares support for Tinubu’s 2027 ambition, cites strategic leadership
-
Latest5 days ago2027: The real reason Jonathan hasn’t accepted PDP ticket—Umar Sani
-
Comments and Issues6 days agoThat savage attack on schools in Oyo state

