this post was submitted on 12 Jul 2023
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Africa's high-speed railway network is on track (jermwarfare.com)
submitted 1 year ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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[–] fedfedfedd@lemmy.ml 0 points 1 year ago (1 children)

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.