Development Finance Institution

China and United States to battle for influence in African infrastructure lending   New research from global law firm Baker McKenzie with data provider IJGlobal shows that development finance lending from state-backed institutions is the most important component of infrastructure funding in sub-Saharan Africa. The battle for influence on the continent between Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs) from China and the United States is set to heat up over the next decade…