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Foreign Loans: China Is Better For Africa Than US, UK, Western C - 博客

Foreign Loans: China Is Better For Africa Than US, UK, Western C - 博客
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Osinbajo: Chinese loans to Africa reduced dependency on Western institutions

Nigeria’s Vice-President Yemi Osinbajo says Chinese lending to Africa has reduced dependency on loans from Western institutions. Osinbajo spoke while delivering a public lecture on ‘China’s Investment in Africa’ at King’s College, London on March 27, 2023. The vice president’s comment comes on the heels of the tour of Kamala Harris, the United States’ vice-president, |

Osinbajo: Chinese loans reduced Africa s dependency on IMF, World Bank

Foreign Loans: China Is A Better Ally For Africa Than US, UK, Others Western Countries –Nigeria s Vice President, Osinbajo

  Nigeria's Vice President, Prof Yemi Osinbajo has openly said that African countries see the Peoples Republic of China as a better ally regarding foreign loans than the West.   Osinbajo, who stated this at King's College London, on Monday, on China's Investment in Africa, revealed that Africa needs the loans and infrastructure that China provides, maintaining that China shows up where and when the West will not show up or are reluctant to do so.  

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