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Thanks for your response; I was mainly aggravated by OP's original post that's essentially propaganda with no backing evidence so commonly found on Reddit. >
by thablackbull 7y ago
Thanks for your response; I was mainly aggravated by OP's original post that's essentially propaganda with no backing evidence so commonly found on Reddit.
> however when they start to slip on payments they're offered relief in exchange for privatizing their resources and government services so capital around the world can extract rent.
Fair enough, but consider the following. China's infrastructure is also allowing Africa to expand and build their own ecosystems in fintech [1]. Furthermore, there is actually discussion about Africa leapfrogging in to green initiatives [2], "The paper uses examples of how China managed to improve initially polluting infrastructure to help Africa leapfrog directly into cleaner solutions."
Sure, I'll conceded the worries about network sovereignty, etc. But if you follow the data coming out of Africa, you'll see progress is really being made. Most people making remarks like OP literally know nothing about Africa.
[1] https://www.brinknews.com/fintech-in-sub-saharan-africa-a-potential-game-changer/ https://www.brinknews.com/fintech-in-sub-saharan-africa-a-po...
[2] https://saiia.org.za/research/can-africa-build-greener-infrastructure-while-speeding-up-its-development-lessons-from-china/ https://saiia.org.za/research/can-africa-build-greener-infra...