Experts Caution African Countries On Loans from China

Comments 314 Views Kampala, Uganda
Museveni at the launch of $620 million Sukulu Industrial Complex in Tororo. The project was implemented by the Guangzhou Dongsong Energy Group (Uganda Limited). Photo by PPU

Museveni at the launch of $620 million Sukulu Industrial Complex in Tororo. The project was implemented by the Guangzhou Dongsong Energy Group (Uganda Limited). Photo by PPU

In short
China is by far, the largest investor on the continent injecting over US$2.2billion annually. Badoreck says although being the largest investor is not a bad thing parse, African countries need to be aware of China's strategic interests, in order to be able to negotiate the deals in the continent’s interests.

 

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