African Leaders Seek Funds in China Amid Great Power Competition

2 months ago
7

African leaders are convening in Beijing to discuss securing funding for substantial infrastructure projects amidst global competition for Africa's resources and influence. Over the past decade, China has amplified its ties with African nations, providing billions in loans for critical developments while sparking debates over debt burdens. Significant investments in megaprojects and strategic resource extraction underline China's growing influence. This post-COVID-19 China-Africa forum is a major diplomatic event with leaders from South Africa, Nigeria, and Kenya attending. Policy analyst Ovigwe Eguegu weighs in on Africa's growth opportunities with China. With $167.8 billion in bilateral trade, Africa stands as China's largest trading partner. Watch now to explore the dynamics shaping this critical partnership!

Loading comments...