Why Is China Investing Billions in Africa? | NowThis World

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  • Published on:  Sunday, December 16, 2018
  • China has invested billions of dollars into the continent of Africa to build massive infrastructure projects in African countries. Much of this infrastructure is part of China’s Belt and Road Initiative, an estimated 1 trillion dollar plan to connect the country to trade routes all over the world.
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    While China’s Belt and Road Initiative was only proposed in 2013, the country’s first infrastructure project on the African continent was built decades ago. The TazaHra railway, completed in 1976, was built to connect copper mines in Zambia to Dar EH Salaam, Tanzania’s former capital. The TazHara railway was the first infrastructure project built on a pan-African scale.

    China’s Belt and Road projects will be designed to create new trade routes within and between African countries. In 2017, a Chinese firm opened a railway network in Kenya, connecting its capital Nairobi to the port city of Mombasa. There are already plans to extend this network into South Sudan, Uganda, Rwanda and Burundi.

    Many observers worry that African countries won’t be able to pay back these debts, placing them in what’s been called a quote “debt trap.” But others think that as African countries rise economically, they could actually have the upper hand by the time they negotiate payments back to China. This explains why African leaders have been so confident in calling Chinese investment a “win-win.”

    But is China’s investment in the continent actually a “win-win” as some African and Chinese leaders have said? OR is it just a new form of colonialism on a continent that’s experienced so much of it? In this episode, we’re examining China’s Belt and Road Initiative and what it might mean for Africa.

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    NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today.

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  • Source: https://youtu.be/1HwxDxrKzMk
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Comment

  • Inga Nodie

    Inga Nodie

     4 days ago

    what china can buy from Europe

  • Donkey Kong

    Donkey Kong

     7 days ago

    Who cares why, at least someone cares about Africa. Suddenly the US cares about Africa, NOT.

  • eddy

    eddy

     21 days ago

    if african leaders are so genius,why they are not building their countries with their own workers ?

  • abhishek jack

    abhishek jack

     21 days ago

    China having
    Huge size
    Huge population
    Economic power
    And coummnist style plans
    Is emerging as superpower
    China comes with development and trade
    West failed to do white mind didn't understand it could have develop Africa very well
    France as well

  • bill smith

    bill smith

     21 days ago

    China has a long term plan so China will move it's people in and they have a lot out breed each country in 20 years there will be a 30% mix of black and Chinese people

  • LifeIs NotJoke

    LifeIs NotJoke

     28 days ago +1

    west makes me sick!

  • Sherzod Tursunov

    Sherzod Tursunov

     1 months ago

    US gets wealth by bombing, straight agression,

  • Arcane 777

    Arcane 777

     1 months ago

    I am shocked how so many people actually believe that China is some shining beacon of light !?!?!?

    China effectively owns the government's of 62% of African nations. It's no different from the colonial rush of the 18th and 19th centuries. Just today we have the United Nations which upholds the sovereignty of nations. So the Chinese are systematically and slowly purchasing Africa right infront of Africans eyes.

  • HiXaM JOCULAR

    HiXaM JOCULAR

     1 months ago +1

    so as a remnants of western colonialism defending western agenda and pretending that you concern about Africans future ... let me tell you something China is putting their money cash on the land of Africa but your western ancestral they have been putting their guns and troops instead so that's the difference

  • LAZY DOG

    LAZY DOG

     1 months ago +1

    So what would happen if Africa told China they ain’t getting their money back?

  • FulinYu

    FulinYu

     1 months ago

    Too bad, so sad, monopoly money is worthless.

  • whatchamacallit

    whatchamacallit

     1 months ago

    Yeah all the bad things shes saying is pretty much saying they happily signed and received 132 Billion dollars contract. Money don't grow on trees lady

  • Arcane 777

    Arcane 777

     2 months ago

    Simply to own Africa. Africans simply cannot out think the Chinese.

  • Jarrod Yuki

    Jarrod Yuki

     2 months ago

    africa already belongs to china you idiots.

  • BONG CHAN PENG

    BONG CHAN PENG

     2 months ago +1

    China 😊 family 😊 Africa

  • Provianto Wibowo

    Provianto Wibowo

     2 months ago +1

    full of HYPOCRISY western report, you're the REAL ONLY COLONIAL who stole your colonist gold, oil and wealth for your own profit without any attention to your colonists development and also put them in your DEADLY DEBT TRAP

    china built and develop real infrastructure in your ex colonists in the principle of "PROSPERITY TOGETHER"

    it will be suicide for china if they put your ex colonist in the debt trap, their long-term plan of their product market will be LOST

  • immune list

    immune list

     2 months ago

    Colonialism was built by Americans bring black african enslave in American soil and making black American dominant in any sport even in politics White Caucasians are most racist person on earth....

  • Dimas Studio Channel

    Dimas Studio Channel

     2 months ago +1

    That's why i hate US

  • bounlath hansackda

    bounlath hansackda

     2 months ago

    Its good way to reduce dollar and change into yuan later down the line

  • private name

    private name

     2 months ago

    A YouTube comment section that is not full of ignorant right wing poison? Thank you