China’s Debt Trap in Africa

PESA CNBC Africa Interviews

CNBC Africa: Capital Connection

Tuesday, 11 September 2018

Interview about whether China is in a process of neocolonialism by providing unsustainable debt to African countries in return for minerals and government control.The discussion reviews the rumours that Zambia's national electricity utility, ZESCO, will be handed over to China in order to service government debt after the government defaulted on its ZESCO loan from China. The interview also proposes a better form of engagement between African countries and China.

 

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