An interesting piece from Foreign Policy:
Chinese Aid and Investment Are Good for Africa
“The Djibouti example aside, though, Chinese loans are neither inherently good nor bad—they will be whatever the African nations choose to make of them. Increased competition for African real estate and resources should, in theory, enhance the bargaining power of African governments, which is inarguably a good thing. The question, however, is whether African leaders will rise to the occasion or whether they will settle for deals that may deliver short-term gains but at significant long-term costs.
Update:
Update:
China pledges $60 billion in aid and loans
to Africa, no ‘political conditions attached’
https://www.washingtonpost.com/world/china-pledges-60-billion-in-aid-and-loans-to-africa-no-strings-attached/2018/09/03/a446af2a-af88-11e8-a810-4d6b627c3d5d_story.html
Related:
To Counter China, U.S. Looks to Invest Billions More Overseas