China’s African resource-for-infrastructure deals face growing concern that locals don’t feel the benefits
Published
Oct 10 2021 at 10:00 PM GMT
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Points
Points
- 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.
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- Published Oct 10, 2021 10:00 PM GMT