3min chapter

What in the World cover image

An empty airport, a railway to nowhere and China’s trillion-dollar plan

What in the World

CHAPTER

Challenges and Consequences of Foreign Loans and Investments

This chapter discusses the power dynamics and lack of transparency in loan agreements between African countries and outside countries like China, focusing on projects such as the Standard Gauge Railway. It raises concerns about long-term indebtedness and the potential for these projects to become a debt trap.

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