Chinese investors have identified a number of challenges that have led to a slowdown in the pace of development projects in Africa.

This statement came from the Chinese Director of African Affairs, Mr. Lin Songtian.

He maintained that the key players have changed from governments to private sector and financial institutions, which are ready and eager to invest in Africa.

"It's because of these changes that we call for projects that are visible, productive and sustainable, as win-win cooperation is very promising," he said.

Lin also said that these projects were signed to support each other in infrastructure, industrialization, agriculture and other fields, so that the various governments can raise money to pay back previous loans.

In conclusion, he stressed that China will not allow African governments to receive loans for free as it will be a burden on their budgets while they embark on intensive development projects.