Nigeria's Vice President, Prof Yemi Osinbajo has openly said that African countries see the Peoples Republic of China as a better ally regarding foreign loans than the West. Osinbajo, who stated this at King's College London, on Monday, on China's Investment in Africa, revealed that Africa needs the loans and infrastructure that China provides, maintaining that China shows up where and when the West will not show up or are reluctant to do so.
Foreign Loans: China Is A Better Ally For Africa Than US, UK, Other Western Countries –Nigeria's Vice President, OsinbajoOsinbajo, who stated this at King's College London, on Monday, on China's Investment in Africa, revealed that Africa needs the loans and infrastructure that China provides, maintaining that China shows up where and when the West will not show up or are reluctant to do so.
Chinese companies have also taken the lead in exploiting minerals in Africa, many now in lithium mining in Mali, Ghana, Nigeria, DRC, Zimbabwe and Namibia."Most African countries are rightly unapologetic about their close ties with China. China shows up where and when the west will not or are reluctant. And many African countries are of the view that the beware of the Chinese Trojan loans advise form the west is wise but probably self-serving. Africa needs the loans and the infrastructure.
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