China, a major economic power, has been focusing on hydro-electric projects in mineral-rich Africa for a long time. China’s association with the continent dates back to the 1970s and 80s when it carried out projects in the nations of Guinea, Congo and Sierra Leone. In recent years, its pace of started projects in Africa has greatly accelerated. Since 2000, at least 53 hydro-power projects have been targeted by the Chinese banks and companies. But as of 2013, only 17 companies have been able to receive finance from China. Upon completion these projects would greatly boost the power sector of Africa by adding 6,771 MW of power. The cost of the projects is around $13.3 billion. Have of this is being financed by China. It has been estimated that of this amount the Chinese finance stands at $6.7 billion.
Some of the African countries where China is financing the hydro-electric projects include Ghana, Ethiopia, Gabon, Cameroon, Ivory Coast, Zimbabwe, Sudan among others. As of 2013, some projects that are under active discussion for Chinese financing include Adjarala of Benin/Togo, Inga 3 of DRC, Geba of Ethiopia, High Grand Falls of Kenya, Kajbar of Sudan, Ayago of Uganda among others.
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