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TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.
Africa's three largest economies, Nigeria, South Africa, and Egypt, collectively owe China $17.2 billion, according to figures drawn from two separate official sources covering 2025 reporting periods.
The World Bank's International Debt Report 2026 placed Nigeria's debt to China at $5.67 billion and South Africa's at $1.93 billion as of the end of 2025.
Egypt's Central Bank separately reported a balance of $9.6 billion as of June 2025, pushing the combined figure across the three nations to $17.2 billion.
Safaricom discloses billions of shillings in tax, fees, govt payments in 2026
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The World Bank and Egypt's central bank figures cover different reporting periods and debt categories, meaning direct comparisons carry some limitations.
Nigeria's outstanding balance with China has climbed steadily over recent years, rising from $3.63 billion in 2021 to $5.32 billion in 2024 before reaching $5.67 billion in 2025.
