Oxford University

China Africa Network

THE OXFORD CHINA-AFRICA NETWORK (OUCAN) CONFERENCE, 2016

New Spheres of Development Finance: The Role of Chinese Finance in Africa’s Infrastructure Landscape

Background:

Infrastructure development is Africa’s major set-back in attaining development goals. It is estimated that Africa’s infrastructure deficit stands at USD 19 billion per year, and with rapid population growth, this amount is likely to go higher. Sub-Saharan Africa lags behind other developing regions on most standard indicators of infrastructure development, prompting African leaders to call for greater international support in this sphere.

This infrastructural development imperative is situated within a wider context of declining export earnings for many African countries, collapsing commodity prices, a sluggish economic recovery in Europe and competing priorities demanding the attention of traditional and Western development assistance, especially the refugee crisis. Amidst all this, recent pledge by the president Xi Jinping to commit $60 billion to Africa further highlights the rapid increase of Sino-African financial flows within the decade. A significant percentage of this pledge is expected to target infrastructural development across Africa.

However, as China struggles to manage the processes and consequences of shifting towards a more sustainable economic growth model, how feasible and sustainable is this renewed commitment towards Africa? Do we now have the tools and information to better measure these financial flows? Do these deepening financial flows open up new transmission channels for financial risk or for knowledge exchange? Will Chinese development finance contribute to Africa’s structural transformation? Moreover, how is China’s growing footprint on the continent reshaping Africa’s financial sector? What are the implications of the specific tools the People’s Republic of China prioritises in its engagement with Africa for the nurturing of African-owned banks and other financial institutions that are vital instruments in any growth agenda? And where do Western venture capitalists, hedge funds and institutional investors fit into this picture?

This conference brings together representatives of governments, public institutions, multinationals, private sector and academia, to deliberate on pertinent issues concerning China’s involvement in Africa’s infrastructure sector including infrastructure financing, development finance, structural transformation and South-South Cooperation.

TIMETABLE 

DATE: 

31 May 2016 

TIME: 

13.00-18.00hrs 


VENUE: 

Lecture Theatre, Blavatnik School of Government, Radcliffe Observatory Quarter, University of Oxford, Woodstock Rd, Oxford OX2 6GG.

CONFERENCE STRUCTURE 

The Conference is a half-day event, scheduled to take place on 31st May, 2016. 

The conference brings together about 100 participant including speakers, panellists and delegates: 

TIME

SESSION

1.00-1.30

Registration

1.30-1.45:

Welcome Address

1.45-2.30:

Opening Keynote Address

2.35-3.30

Panel 1 - Measurements: Gauging the scale, effectiveness and public perceptions of financial instruments

3.30-4.00

Tea Break

4.00-5.00

Panel 2 - Structural Transformation: risks and opportunities for debt sustainability, industrialisation and transmission of global financial volatilities

5.00-5.45

Closing Keynote

5.45-6.00

Closing remarks


For queries, please contact:

Zainab Usman 

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it | Tel: +44-797 4535 911

or,

Victoria Mwirichia

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it | Tel: +44-7778276 408

 

 

Please note that discussions occur under OUCAN Rules, which means no attribution without specific permission.

 

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