Are Chinese loans still a good deal for Africa?
Chinese investment to Africa has gone through the roof…and so has the money we owe
Africa Daily · BBC World Service
Audio is streamed directly from the publisher (open.live.bbc.co.uk) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Most countries around the world are in some kind of debt. Money is borrowed to invest in a prosperous future, where paying it back won’t be a problem. In Africa, more and more of that investment is coming from China. It’s helped to build railways, airports and roads. But some of these loans have come at a high cost and repayments are expensive. So, is it still worth it? Is investment from China still a good deal for Africa? Host: Alan Kasujja (@kasujja) Guest: Charles Gitong (@charliegitonga) #AfricaDaily