Research Article

Chinese engagement in Africa through the Asian Infrastructure Investment Bank

Volume: 1 Number: 1 December 31, 2019
  • Safiye Ergun
TR EN

Chinese engagement in Africa through the Asian Infrastructure Investment Bank

Abstract

This paper makes a critical examination of the policy directions of the Asian Infrastructure Investment Bank (AIIB) and its current interests on the African continent. Although it is a regionally-based development bank, the AIIB has today positioned itself as a visible actor in global governance, and has become one of the largest global inter-governmental organisations through its various partnerships and agreements outside Asia. Recent developments show in several ways that China’s interest in the African continent is here to stay, and that the AIIB is an important instrument that China is using to increase its influence in Africa. The AIIB has 18 approved members on the African continent, and has started to co-finance projects in Africa with the World Bank Group. This paper assesses the members of the AIIB on the African continent, and investigates why China has turned its attention to investments in Africa through the AIIB. The study looks at three particular AIIB projects in Africa, being a solar energy plant project, a rural sanitation system project and an international finance project, and opens a discussion of their effects.

Keywords

References

  1. AIIB. 2020a. “Members of Bank”. Accessed January 29, 2020. https://www.aiib.org/en/about-aiib/governance/members-of-bank/index.html
  2. AIIB. 2020b. “AIIB reaches 100-member Milestone – News”. July 13. Accessed August 15, 2019. https://www.aiib.org/en/news-events/news/2019/20190713_001.html.
  3. AIIB. 2020c. “Egypt Round II Solar PV Feed-in Tariffs Program - Approved Project”. Accessed August 21, 2019. https://www.aiib.org/en/projects/approved/2017/egypt-round-II-solar-pv-feed-in-tariffs-program.html.
  4. AIIB. 2020d. “Egypt Sustainable Rural Sanitation Services Program”. Accessed August 21, 2019. https://www.aiib.org/en/projects/approved/2018/sustainable-rural-sanitation.html.
  5. AIIB. 2020e. “Egypt: National Bank of Egypt On-Lending Facility for Infrastructure”. Accessed February 29, 2020. https://www.aiib.org/en/projects/details/2019/approved/Egypt-National-Bank-of-Egypt-On-Lending-Facility-for-Infrastructure.html.
  6. Crisafulli, Giuseppe. 2018. “China-Africa Trade to Benefit from Growing Economic Cooperation”. China Briefing News. August 8. Accessed August 14, 2019. https://www.china-briefing.com/news/china-africa-trade-to-benefit-from-growing-economic-cooperation/.
  7. Dahir, Abdi Latif. 2019. “Africa’s resource-rich nations are getting even more reliant on China for their exports”. Quartz Africa. April 26. Accessed February 29, 2020. https://qz.com/africa/1605497/belt-and-road-africa-mineral-rich-nations-export-mostly-to-china/.
  8. Embassy of the People's Republic of China in the Arab Republic of Egypt. 2004. “Cooperation between Egypt and China in Brief”. November 17. Accessed August 21, 2019. http://eg2.mofcom.gov.cn/article/bilateralcooperation/inbrief/200411/20041100001446.shtml.

Details

Primary Language

English

Subjects

Studies of Asian Society, Regional Studies

Journal Section

Research Article

Authors

Publication Date

December 31, 2019

Submission Date

December 4, 2019

Acceptance Date

December 30, 2019

Published in Issue

Year 2019 Volume: 1 Number: 1

APA
Ergun, S. (2019). Chinese engagement in Africa through the Asian Infrastructure Investment Bank. Cappadocia Journal of Area Studies, 1(1), 65-77. https://doi.org/10.38154/cjas.18
AMA
1.Ergun S. Chinese engagement in Africa through the Asian Infrastructure Investment Bank. CJAS. 2019;1(1):65-77. doi:10.38154/cjas.18
Chicago
Ergun, Safiye. 2019. “Chinese Engagement in Africa through the Asian Infrastructure Investment Bank”. Cappadocia Journal of Area Studies 1 (1): 65-77. https://doi.org/10.38154/cjas.18.
EndNote
Ergun S (December 1, 2019) Chinese engagement in Africa through the Asian Infrastructure Investment Bank. Cappadocia Journal of Area Studies 1 1 65–77.
IEEE
[1]S. Ergun, “Chinese engagement in Africa through the Asian Infrastructure Investment Bank”, CJAS, vol. 1, no. 1, pp. 65–77, Dec. 2019, doi: 10.38154/cjas.18.
ISNAD
Ergun, Safiye. “Chinese Engagement in Africa through the Asian Infrastructure Investment Bank”. Cappadocia Journal of Area Studies 1/1 (December 1, 2019): 65-77. https://doi.org/10.38154/cjas.18.
JAMA
1.Ergun S. Chinese engagement in Africa through the Asian Infrastructure Investment Bank. CJAS. 2019;1:65–77.
MLA
Ergun, Safiye. “Chinese Engagement in Africa through the Asian Infrastructure Investment Bank”. Cappadocia Journal of Area Studies, vol. 1, no. 1, Dec. 2019, pp. 65-77, doi:10.38154/cjas.18.
Vancouver
1.Safiye Ergun. Chinese engagement in Africa through the Asian Infrastructure Investment Bank. CJAS. 2019 Dec. 1;1(1):65-77. doi:10.38154/cjas.18