China Holds All The Cards: Pandemic Pushes African Countries To Default On Loans – Analysis
Governments on the African continent may be forced to cede control of key assets as Beijing swops debt for equity.
By Cobus van Staden*
Covid-19 is acting as a kind of X-ray, revealing weaknesses that had been hiding in plain sight. In Africa, these centre on the need for infrastructure, and the limited ways of funding it....
