Not arguing against China, nor infrastructure projects, but B&R initiative is very China-centric, with a lot caveats that are often overlooked by short-sighted politicians.
Not arguing against China, nor infrastructure projects, but B&R initiative is very China-centric, with a lot caveats that are often overlooked by short-sighted politicians.
Fitting such casual “Africa dumb” and “China evil” sentiments in one nonchalant comment seems like such a weird specialty of this brainwashing and propaganda that we have going on in the West.
This is just usury and loan sharking on a global scale.
Substitute Southeast Asia for Africa.
China is pretty much providing payday loans and debt trap diplomacy to poorer countries (149+) in order to consolidate power.
This has nothing to do with sophistication but everything to do with greed.
They’re not stupid, they’re corrupt. The elites get a slice of the pie. It’s how development finance has been done for centuries. “Stakeholders” are bought off. The country is left with the bill.
CGPGrey has a great video called ‘Rules for Rulers’ that explains this in depth: https://youtu.be/rStL7niR7gs
To quantify the statement,
https://en.m.wikipedia.org/wiki/Corruption_Perceptions_Index
Fitting such casual “Africa dumb” and “China evil”
None of this happened, you are hallucinating what other people said.
The West has tried and failed with countless “solutions” for more than six decades now, in many places making the situation worse compared to the start of the decolonization process.
Also, road taxes is a measure that it is also heavily promoted by the European Commission in the Eastern European countries where “its” money is now helping build bridges and highways (I live on such an Eastern European country).
So don't complain that they are fed up and seek help elsewhere, what west has to offer has been tried many times and results are down there. If they end up indebted to Chinese or US or some EU country like France means little difference to them, all else being equal.
Economics does.
Nigeria, Egypt, and South Africa have decent economies, and they've followed the same path as many other developed countries.
Moving away from agriculture and raw resource extraction, building industry, and then identifying, incubating, scaling, and exporting services.
The fact that other countries in the region haven't done the same, specifically the largest Ethiopia and DRC, has more to do with internal civil wars.
Hopefully recent stability in Ethiopia and engaging additional generation capacity at the Grand Ethiopian Renaissance Dam will kickstart the Ethiopian economy.
(And no, civil wars aren't all started by 3 letter agencies)
So not only are none of the locals profiting from these projects, but more importantly no one is learning and developing the skills to construct and maintain the new infrastructure and services in the region.
This play by China (even if unintentional) is extremely predatory as it only makes the country more dependant on China.
In an ideal circumstance China would manage these projects while training and developing local talent to help develop the local industries. Only then do I believe would these deals be beneficial for Africa in the long run.
So you might believe these project are improving the local regions at the present, but I would be really interested to hear if you still believe so in 10 years.