African countries are building a high-speed railway network that will link all African countries together, increasing trade and liberty.
  • fedfedfedd@lemmy.mlEnglish
    0·
    1 year ago

    African countries are foregoing Western investment because of the number of strings attached

    What strings?

    here’s a (very) competitive interest rate

    IMF loans are cheaper. Every person with two braincells will realize corrupt officials will take the chinese loans with higher interest rates because of the bribes. A 90 year maintenance contract is nonsense and you cant defend it.