As of 2006, existing Chinese loans and credit lines were estimated to be about $19 billion. A handful of oil At the 2006 China-Africa Summit, President Hu Jintao made a pledge to double aid to Africa.
FOI 2009 China’s emerging role in Africa 17 and mineral exporters, namely Angola, Equatorial Guinea, Gabon, Republic of Congo, and Nigeria, are on the receiving end of this aid.
Chinese assistance is mainly in infrastructure, such as energy, telecommunications and transportation, and construction.