The Sunday Debate: Chinese Investment Is Good for Africa
Between 2007 and 2020, China invested $23 billion into infrastructure for nations across Africa, $8 billion more than the other top eight lenders combined. But in its pursuit of energy security and raw materials the Chinese government and Chinese companies have locked resource-rich African states into loans and contracts which could start to squeeze them hard in ten or so years’ time. Is Chinese investment good for Africa? Joining us to debate the question is Dr Nkosana Moyo, former Vice President and Chief Operating Officer of the African Development Bank and former Minister of Industry and…
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