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
-
Trending Stories1 week agoDavido, Wizkid, Burna Boy or Asake: Who is having the biggest 2026 so far?
-
Football1 week agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Crime6 days agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business5 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business6 days agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business2 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business4 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week


