How
much can Raytheon, Mastercard, Nokia, Monsanto and the like be
trusted to invest in long-term outcomes in the global South? When you
see the actors behind U.S. ‘aid and development’ in Africa, is it
any wonder that African leaders would look for any other partner to
work with?
by
Jim Carey
Part
1
There
has been a growing focus on the economic development underway in
Africa. There is a reason behind this seemingly new interest of
Western powers in events happening in Africa, and the reason is
simple: China is a new power dominating business on the continent and
has clearly caught the West’s attention.
China
now has partner nations spanning the entire continent from Mauritania
to South Africa, in a growing number of relationships that challenge
the perceived hegemony of the triumvirate of Western capital,
military, and NGO operations. This is making the U.S. nervous, as
more African nations begin to see China as the better choice as an
economic partner, due to Beijing’s fewer-strings-attached approach.
If one
were looking for the best place to see the differences between these
two approaches to investing in the global South, then look no further
than the differences between how the U.S. and China help African
countries develop infrastructure and distribute aid resources.
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