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The 10 year anniversary of the $1.0+ trillion Belt and Road Initiative (#BRI) is being celebrated this week in Beijing.
I give China credit for the big risks it took on Africa to build & finance critically needed infrastructure when the West refused to do so.
There are visible examples across Africa of new roads, airports, railways, power plants, sea ports, health facilities, etc. And yet, there’s a lot of misplaced criticism by Western countries that China took advantage of Africa (i.e. overburdened Africa with debt, poor quality products, etc) despite the fact that virtually no major infrastructures were financed or built by the West in Africa the past 25 years.
Yes, some of the BRI transactions may be opaque and financially could have been structured better, but the fact is hundreds of millions of Africans today would still have been driving on dilapidated colonial-era roads, ride on broken railways and living in darkness without power had it not been for China’s investments and financing.
"Nataka iPhone ni salama zaidi dhidi ya wadukuzi" - iPhone 13 Pro Hacked: Chinese Hackers Suddenly Break iOS 15.0.2 Security | "...the iPhone 13 Pro running the latest and fully patched version of iOS 15.0.2 to be precise, was hacked in record time. Twice" https://t.co/Pjt5QfaubA
Canadian Prime Minister Justin Trudeau said he had no regrets over snapping at a protester after a man made derogatory remarks about Trudeau's wife. Trudeau shouted back, 'Isn't there a hospital you should be going to bother right now?' #Elxn44 https://t.co/DIHoSPHS3p
Understanding the gendered effects of climate change is critical for the next 25 years. Why do women die 5 times more from hurricanes than men? #GenerationEqualityAfrica@unwomenafrica
@curiouszoo@JinghaoLu @VictorNturaho in light of the worries that increasing debt from China poses, wouldn't it be wise to look at a financing model synonymous to the marshal plan? @tonimuiyuro@iwanjuhi@barclaypaul https://t.co/mw6auk7dPf
@GShapersNairobi@JinghaoLu @VictorNturaho @tonimuiyuro@iwanjuhi@barclaypaul The Marshall Plan was implemented under the assumption that these already developed countries would regain economic strength to repay, and that the governments were stable enough to hold them accountable. The same cannot be said for many African nations #ChinaAfrica