Why China is making headway in Africa

Africa has suffered under the structural adjustment programs forced upon it. Aid and trade have been increasingly conditional. The US and World Bank claim to be fighting poverty in Africa, but after two decades of structural adjustment, the conditions of the African poor have worsened, with indices of exploitation and deprivation increasing by geometric proportions. According to one estimate, at the present pace of investment in Africa from the West, it will require more than one hundred years to realise the Millennium Development Goals. Chinese investment potentially provides an alternative for African leaders and entrepreneurs, while providing long term potential for the development of African economies.

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