China’s African resource-for-infrastructure deals face growing concern that locals don’t feel the benefits

//China’s African resource-for-infrastructure deals face growing concern that locals don’t feel the benefits

China’s African resource-for-infrastructure deals face growing concern that locals don’t feel the benefits

Chinese infrastructure-for-minerals deals across Africa are coming under growing scrutiny amid concerns that the promised benefits have failed to materialise.In the Democratic Republic of the Congo, President Felix Tshisekedi recently ordered renegotiation of a US$6 billion deal between state-owned commodity trading and mining company Gecamines with a consortium of Chinese firms led by Sinohydro and China Railway Engineering Corporation to develop a copper and cobalt mine.Kinshasa maintains…

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By | 2021-10-10T22:00:21+00:00 October 10th, 2021|World|Comments Off on China’s African resource-for-infrastructure deals face growing concern that locals don’t feel the benefits