Monday, February 3, 2014

China-Africa: The dragon dealmaker has Africa dazzled and dizzy

By Bright Simons


In May last year, China's President Xi Jinping announced during a visit to Tanzania that the great Asian power shall be providing $20bn in credit lines to Africa over the next three years. The announcement, some observers opined, may have prompted United States President Barack Obama's $7bn pledge, a few weeks after, to expand Africa's energy infrastructure.

Predictably, the pundits and the newswires went hysterical with analysis. The usual clichés about 'no-strings

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