3 ms·
Sad thing this does not mention is the kind of bribes that went into this project China is not engaging africa out of shrewdness or charity. Its well know to
by IG_Semmelweiss 7y ago
Sad thing this does not mention is the kind of bribes that went into this project
China is not engaging africa out of shrewdness or charity. Its well know to be an area with very weak contracting controls where kickbacks are the norm, not the exception.
China corps are doing this in africa because principals cannot get these kickbacks within china or even south america anymore. I personally know principals at conatruction firms who have told me about projects in cameroon and nigeria that seek nonafrican/nonwestern financiers due to kickback reasons