All f d i investments no matter where they come from, especially if they are sovereign. The counterpart of the wosting country needs to have clarity on whi its well in that investment and what it its interests are. Chinese investment is good for africa, like any other investment. But wenet to be clear. They come looking after their interests. And it is up to africa to be clear about what its interests are, and then ves the frameworks to insist and enforce compliance with what is required in the western country. For me, it's as simple as that.
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 International Trade for Zimbabwe. We also are joined by Stephen Chan OBE, Professor of World Politics at SOAS University of London. Hosting the discussion is the historian, author and broadcaster, Rana Mitter.
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