Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. The benefits are numerous, but African countries are also concerned about their growing dependence on China. Infrastructure projects in Ethiopia have received $1,8 billion since 2014, Kenyan projects $4,8 billion, Mozambique infra deals $1,6 billion and Nigerian projects $5 billion from Chinese lenders. It remains to be seen whether this concern has an impact on Chinse involvement in the funding infrastructure projects in future years. While in Tunisia it is only focused on studies of infrastructure projects so far, in Algeria and Morocco some infrastructure projects are already implemented such as seaports and desalination plants.
Source: The North Africa Journal June 20, 2019 03:00 UTC