CSOs Criticise Chinese Aid in Africa
Tuesday, July 27, 2010 - 13:35
African civil society organisations have expressed concern about the terms of China’s increasing activities on the African continent.
An agricultural economist in Zambia and chairperson of the Zambian Civil Society Trade Network, Stephen Muyakwa, agrees that international finance is needed for development and it should not matter where it comes from. However, he warns that there are some problems with the Chinese loans and development aid.
Muyakwa says loans offered by China are not transparent and neither do they come with conditions on how the money should be spent, adding that this could fuel corruption, as African governments are free to use the money as they wish.
To read the article titled, “Concerns over Chinese investment and working conditions,” click here.
An agricultural economist in Zambia and chairperson of the Zambian Civil Society Trade Network, Stephen Muyakwa, agrees that international finance is needed for development and it should not matter where it comes from. However, he warns that there are some problems with the Chinese loans and development aid.
Muyakwa says loans offered by China are not transparent and neither do they come with conditions on how the money should be spent, adding that this could fuel corruption, as African governments are free to use the money as they wish.
To read the article titled, “Concerns over Chinese investment and working conditions,” click here.
Source:
All Africa
Vacancies
Events
-
Monday, February 13, 2012
-
Wednesday, February 15, 2012
-
Wednesday, February 15, 2012
Opportunities
-
10/02/2012
-
10/02/2012
-
13/02/2012
-
14/02/2012
-
15/02/2012


Add Comments