Western companies have been in Africa since last 50-110years and what do the African people have to show for it?poverty.china shows up and starts building infrastructure,roads,railways and schools
So obvious but the US & EU are truly blind to the violence, chaos, and wake of warfare, poverty, and NO INFRASTRUCTURE by the Western colonial extractors. I think Dag Hammarskjöld, the UN secretary-general from April 1953 to September 1961, paid with his life. The Swedish diplomat, economist and highly respected diplomat, wanted to use the UN to help small & poor countries. The US and United Kingdom hated his agenda and intentions. That’s what the unilaterally written UN Charter (by US after WWII) stated but not how the US behaves in the UN. They swore that they would NEVER support such a great man to lead the UN ever again. How did his plane crash while on a peace mission to the Congo? Motives? Was it an accident or an assassination by Western powers?
Only two countries have done debt forgiveness in Africa: China and Russia. All other countries, even if the news claims debt forgiveness, actually restructure the debts and impose even more conditions. Usually privatization aka Western companies get to buy for cheap.
i don't think its because they are "nice" i think it's because if those countries don't develope they won't trade with china let alone pay the debts, so it's in china's benefit
This is a transfer of technology for natural resources to Africa from a foreign country, making the host countries dependent on China. That's bad because the host country citizens will become lazy and stop developing. With China doing everything for Africa is bad, people will be poor and having many babies, causing overpopulation. What Africa needs is good education, not free handout and loans.
Exactly, Since when did America, British, The jewCult ( I mean White elites disguise themselves as Jew), and NATO care when they are taking advantage of Africans, Asians, South east asians and the middle eastern Jewish descendant which is Palestine citizens.
USA and the West gave African Countries poverty and war. China has given African Countries AI Smart Robotic Trading Ports (land, air and/or sea) and have built national freeways for the African Countries to delivery the goods to their cities and villages. African Countries, for the first time in over 100 years of USA and West abuse, are finally seeing hundreds of millions of their citizens moving from poverty to Middle Class life styles, and are talking about a United Africa. So ... why does USA and the West think they can convince African Countries to keep following them ... when USA and the West were the only countries making profits out of the African Countries resources and citizens labour?
Very true 👍 Look at what France were doing there and how without their thievery there they're now falling apart!😳 But especially with Russias 🇷🇺 military help, they'redoing really well with their own appointed leaders 👏
The US and the West had been the top bully dog for the last Century and are so used to their behaviour that they are addicted to it. Nothing can change their behaviour for it will affect their standard of living. Hell no , if you think they will just give up on their ways.
La Banque Mondiale est contrôlée par les USA. Le FMI par les USA et l'Europe. Donc ces deux institutions sont à éviter par les pays africains. Eux vous font participer à payer de la dette américaine. Restez avec les chinois pour l'économie et avec les russes pour les questions de sécurité.
Africa - China pro - growth collaboration is built on mutual benefits, respect and support, foster Win - Win sustainable relationships . Well done Africa and China.
They project their own qualities onto China. The debt trap phenomenon is NOT something that comes from China, it comes from those who are fighting against China.
SO WHAT HAPPENS IN YOUR COUNTRY WHEN YOU DEFAULT ON YOUR REPAYMENTS ? YOU GET YOUR PROPERTY TAKEN OF YOU. LOL. HAHA😂😂😂 YOUR HYPOCRISY IS TRULY ASTOUNDING 😢😢😢
How dare the west be such a hypocrite? The term "debt trap" was used on loans that small poor countries find hard to repay that the IMF, World Bank or western financial institutions. The conditions placed on these poor nations are harsh and even 'force' them to list their national assets as collaterals. Many poor countries are caught in this western 'debt trap'. And then came China and its loans with conditions that're much more humane. And any poor countries finding it hard to fulfill their repayments will have the understanding Chinese institutions re-structure their repayment plans making it easier to repay. Many flock to take on the Chinese loans and the western banks are feeling the heat. So, they make up false narratives to smear Chinese loans and divert the debt trap term onto China. Of course, the African nations know best as they had been bullied by the western financial institutions and know the benefits of taking Chinese loans.
History plays essential role in development of any country. Why Africans have remained poor for at least a couple of hundred years, and earlier since colonialism started by Spain, Britain and others of the West. Africans were treated as a nation of disposal slaves sold and bought. This is the ugly past still forgotten or underplayed today. Most poverty in Africa was man made by the colonists. In comparison China has had no history of colonialism nor capture of local Africans traded as slaves. It has a history of dire poverty as bad as African nations experienced were caused by internal corruption and wars often now referred as “a century of humiliation”. The colonists in Africa were plundering their wealth without proportional Investment programs to the African nations they plunder. Or nothing treating Africans as disposable slaves. Presently this is how Israel and the West is subjecting Palestinians to ugly genocides. In comparison, China has elevated hundreds of millions out of poverty within a single generation whilst U.S. population are experiencing widespread rise in poverty in recent decades with declining lifespan expectancy. US politicians were and are starving its population with unnecessary higher budgetary cuts in domestic investment, trying to maintain hundreds of innumerable military bases trying to to exert and now declining worldwide hegemony. Also led by U.S. politicians preaching its brand of useless predatory democracy.
The IMF and the world bank is just a death trap for African nations, how many years those institutions have been given aid to African countries and Africa is still undeveloped, why is that, it's because they are giving the aid directly to corrupt officials who in turn a blind eye to the outside force that just rape their country of the resources
African leaders are not stupid to know what their countries needs are and who are sincere to help them. The entire African continent is colonized by the West and despite its rich resources, it remains poor and undeveloped. China gave them hope and they have seen the benefits of China many infrastructure projects. Had it not for China, the West regard Africa to be exploited for their colonial interest. Africa must not make the wrong choice who are friends and who are chocking their development by withholding funding.
Indeed! The irony! The colonizers who commited genocide everywhere, on every continent on earth. The colonizers who are global terrorists. Their crimes are too many for anyone to forget. They are remembered on every corner of the earth.
@@loktom4068 Many Americans, influenced by images in the television mini-series "Roots," mistakenly believe that most slaves were captured by Europeans who landed on the African coast and captured or ambushed people. While Europeans did engage in some slave raiding, the majority of people who were transported to the Americas were enslaved by other Africans. It is important to understand that Europeans were incapable, on their own, of kidnapping 20 million Africans. Indeed, the system became so institutionalized that Europeans had little contact with the actual process of enslavement. How were people actually enslaved? Most slaves in Africa were captured in wars or in surprise raids on villages. Adults were bound and gagged and infants were sometimes thrown into sacks. One of the earliest first-hand accounts of the African slave trade comes from a seamen named Gomes Eannes de Azurara, who witnessed a Portuguese raid on an African village. He said that some captives "drowned themselves in the water; others thought to escape by hiding under their huts; others shoved their children among the seaweed." The overwhelming majority of slaves sold to Europeans had not been slaves in Africa. They were free people who were captured in war or were victims of banditry or were enslaved as punishment for certain crimes. In Senegambia, the Guinea Coast, and the Slave Coasts of West Africa, war was the most important source of slaves. In Angola, kidnapping and condemnation for debt were very important. In most cases, rulers or merchants were not selling their own subjects, but people they regarded as alien. We must remember that Africans did not think of themselves as Africans, but as members of separate nations.
Developing nations, particularly those in Africa, must assert their autonomy in making decisions that prioritize the well-being and advancement of their citizens. Since the Berlin Conference of 1885, also known as the Scramble for Africa, the actions of Western powers have inflicted a level of harm upon the African continent that surpasses even the horrors of the Holocaust. European colonizers are responsible for the deaths of over 40 million African people, not to mention the countless others who were enslaved, traded, or perished as captives. The United States itself was built on the backs of enslaved Africans. The time has now arrived for Africa to assert its rightful claim to self-determination. Nations such as Burkina Faso, Mali, and Niger have already taken steps in this direction, and it is imperative that others follow suit by rejecting the influence of the West and their proxy leaders.
As long as Africa accepts and adopts the boundaries Europeans created for their benefits all this garbage that Africa has 54 countries is just that-garbage. African nations must create their own boundaries, rename their countries, cities, etc just like India and China did
The Western and US has lied to Africa for years and years. CHINA IS IN AFRICA TO WORK TOGETHER WITH AFRICANS ON MUTUAL BENEFITS AND RESPECT. CHINA IS NOT POINTING FINGERS. YHE WESTERN AND US DOES IT ALL THE TIME.
O.K., Africa, will you choose the WB and IMF for loans that your leaders and their families can spend, and your countries have to pay with raw materials for the next 50 years, or you prefer China that will also take your raw materials and will improve infrastructure with little or no money for your leaders and their families?
China has saidd it ddoesn't want to be the world currency and yet english speaking media always state different or blatantly lie as the US legal / justice / political etc. arenas.
I wouldn't dare to say there's no corruption in those infrastructure projects but, you are definitely right, at least there are something actually beneficial to ordinary folks in Africa.
The leaders of the African continent know where to get loans to finance their developments. They weigh the pros and cons of getting loans from the IMF, World Bank or China. Obviously debts will be created if a country borrows but whose terms will be better in terms of servicing loan payments and non payments. They also know that it is easier to deal with China with payment problems than with the IMF and World bank. So don't treat the leaders of Africa like kids
Will the world bank forgive loans like China does or will it continue to keep Africa in bondage to the west. I suppose the US wants to keep Africa in bondage.
more like shackles. They have never changed their mentality towards Africa. Still treat them like their ancestors treated them. Only today they are masters of deception.
Unlike American bases in Syria etc which were illegally forced on the country Uganda and Zambia were OFFERED loans. They read the conditions and their politicians AGREED and signed. 😊🇦🇺
This speaks volumes about the exploitative behavior of the western countries towards less developed ones. The west is happy to keep them underdeveloped and take their resources for free or as cheap as possible. I am happy for Africa and hope that the rest of the world gets developed and uses their own resources ❤
China has been present in Africa for the past 10 years and has made progress in physical and humanitarian development in Africa. hundreds of years earlier, the West had entered Africa and only caused absolute poverty to the African people. even clean water was a luxury in Africa at that time. Africa is trapped in debt to western countries that exploit Africa.
THE WEST (US and Europe) sees Africa countries as client states , they give WB and IMF loans at very high interest rates , causing problems as what happened in KENYA , with no real motivation to see these countries raise from poverty...Africa must be controlled , they can not afford to unleash it. On the other hand the Chinese are business people , their aim is create middle class markets in Africa, for their products and eventually moving their production here....WB loans profits the US and its minions , because they force African countries to part with their Natural resources at very small amounts to cover their debts....So basically the WEST gains interests from their loans as well as Natural resources at very low price , which again mined by western companies.
To hell with world bank and IMF loan. Ethiopia has hydro electric dam and Kenya has Nairobi to mombasa railway line because of the no string attach Chinese loans. What infrastructure has africa countries able to built with the loans from the IMF and World Bank ? Non. And today almost africa countries currencies are worthless because of the world bank loan conditions. China don't do this sabotage to africa countries currency. Africa countries can prosper without the poisonous world bank loan.
This typical human being behaviour. When somebody does something that you did not do and gain popularity, you will find all means to spread lies to put him down because of your inferiority 😢
Are you complaining about China China's building something which is long-term invested in construction is fundamental because most of the African countries they have no infrastructure like for example Nigeria where Russia is going to build a nuclear power plant and its uranium will come from Russia will be there uranium owned by Nigeria we need the basic stuff like a soap factory cement factory they need the salt factory you know which is not expensive to do it but people do not have you need to have a commercial bakery with the good grain and do the natural Way East they need the brewery you know to make beer they will buy the cops from from Europe or maybe certain parts of Africa also can make it because 80% of global health market I'll think I will be rich but the Russian Bella was have to give them engineering education so the elite training universities engineering schools can train older engineers education process take 10 years means 10 years to have educated workforce and Russia China and Russia China and
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
I am an African American, and I have done research on how European and American politics and institutions have held Africa back. deliberately, to take advantage of all their resources. Under the guise of bringing democracy. Africa has lots of issues due to Europe and the Debit trap by western nations. So who is worse, western nations only want to exploit Africa, to sustain their economies. They never cared about infrastructure in Africa, only how they could keep using Africa, and keep them poor and dependent on them. So finally Africa has an alternative, China, who has its own agenda as well. But at least they are working to build Africa with all the billions of dollars going toward, infrastructure. And I hope that they will also help with Educating African children by building more institutions of learning.
The West expresses concern about the "exploitative effect" of BRI loans. Well, the West is the long, long term expert in the world of exploitative loans. The BRI results are partially in, and they are much, much better than the West loans.
Why the west is worried about our debts? You pay debt slowly slowly... Look at some of the other countries debts that no one talk about, now you're worried about our debts? We need to develop our nations, and that involves creating jobs. Jobs and investments means or = better economy. So why is west so worried now?
China need honesty to join business ventures and respect different kinds of people in this world I am proud of African politicians to look their people to move on I love Africa go business to china ❤❤❤❤❤❤❤
EU Pressure on Turkey to Avoid BRICS: Watch the video here: czcams.com/video/wwi7QulxMtQ/video.html
Not to mention that China is still holding 789 Billion USA government debt. So who is the debt trap 😂😂😂
Europe and USA humanitarian. aid only if Africa allow the Western mining company's in Africa. So it's really bribe 😂😂
@rogerburn5132, it is EXPLOITATION!!
@@alexanderpo185 for long time
GOD bless BRICS countries.
China gives and help US only kill and steal
❤ameen.
🥰🙏🏻
How do you buy bric currency?
I'm still busy in the Ukraine ! God
Western companies have been in Africa since last 50-110years and what do the African people have to show for it?poverty.china shows up and starts building infrastructure,roads,railways and schools
So obvious but the US & EU are truly blind to the violence, chaos, and wake of warfare, poverty, and NO INFRASTRUCTURE by the Western colonial extractors. I think Dag Hammarskjöld, the UN secretary-general from April 1953 to September 1961, paid with his life. The Swedish diplomat, economist and highly respected diplomat, wanted to use the UN to help small & poor countries. The US and United Kingdom hated his agenda and intentions. That’s what the unilaterally written UN Charter (by US after WWII) stated but not how the US behaves in the UN. They swore that they would NEVER support such a great man to lead the UN ever again. How did his plane crash while on a peace mission to the Congo? Motives? Was it an accident or an assassination by Western powers?
@@carrywolf9714 ef yt people!!
Try 400 years plus that europeans have been in “intimate” contact with Africa and having added approximately zero value!
Heard of China pardoning debts but never heard of the same ever from world bank, imf or western loans
❤exactly well said
Only two countries have done debt forgiveness in Africa: China and Russia.
All other countries, even if the news claims debt forgiveness, actually restructure the debts and impose even more conditions. Usually privatization aka Western companies get to buy for cheap.
Amen brother
i don't think its because they are "nice" i think it's because if those countries don't develope they won't trade with china let alone pay the debts, so it's in china's benefit
This is a transfer of technology for natural resources to Africa from a foreign country, making the host countries dependent on China. That's bad because the host country citizens will become lazy and stop developing. With China doing everything for Africa is bad, people will be poor and having many babies, causing overpopulation. What Africa needs is good education, not free handout and loans.
They looked down on Africa. Exploited and kept Africa in poverty. The world bank gave less most of the time..
Womp womp
Who cares what the critics say! China doesn't need to justify anything with outsiders. The agreement is not with critics!
It more that African countries should not care what western country says.
Exactly, Since when did America, British, The jewCult ( I mean White elites disguise themselves as Jew), and NATO care when they are taking advantage of Africans, Asians, South east asians and the middle eastern Jewish descendant which is Palestine citizens.
USA and the West gave African Countries poverty and war.
China has given African Countries AI Smart Robotic Trading Ports (land, air and/or sea) and have built national freeways for the African Countries to delivery the goods to their cities and villages. African Countries, for the first time in over 100 years of USA and West abuse, are finally seeing hundreds of millions of their citizens moving from poverty to Middle Class life styles, and are talking about a United Africa.
So ... why does USA and the West think they can convince African Countries to keep following them ... when USA and the West were the only countries making profits out of the African Countries resources and citizens labour?
@@dranzacspartan8002
Very well said 👍
Just saying be careful Africa deal shrewdly, they are ruthless totalitarians
West with try to shove the Paris climate fraud accord is showing Africa they are insane Malthusian and never want them to prosper !
Very true 👍 Look at what France were doing there and how without their thievery there they're now falling apart!😳 But especially with Russias 🇷🇺 military help, they'redoing really well with their own appointed leaders 👏
The US and the West had been the top bully dog for the last Century and are so used to their behaviour that they are addicted to it. Nothing can change their behaviour for it will affect their standard of living. Hell no , if you think they will just give up on their ways.
Why would anyone agree to the World Bank
everyone does not agree World Bank because they thieves of third world poorest of the poor economy
WB will force 3rd world to be get invaded or attacks if mineral resources would not be shared to U.S. imperialism
World Bank is so corrupted! Their for is sucks!
Because there bullyed into by western governments often threatened with witholding of aid possible saunctions an possible coups in the country
La Banque Mondiale est contrôlée par les USA. Le FMI par les USA et l'Europe. Donc ces deux institutions sont à éviter par les pays africains. Eux vous font participer à payer de la dette américaine. Restez avec les chinois pour l'économie et avec les russes pour les questions de sécurité.
West desperate now!
Yep, like drug addicts.. 💲💲💲
Africa for Africans. ❤
China: Let's talk about trade, economy
USA: hey, do your child need a gender change?
Africa - China pro - growth collaboration is built on mutual benefits, respect and support, foster Win - Win sustainable relationships . Well done Africa and China.
See What happen to Kenya, when borrowed money from IMF, deeper and deeper debt trap.
Some idiot even got fake news China was responsible for Kenya debt..
They project their own qualities onto China. The debt trap phenomenon is NOT something that comes from China, it comes from those who are fighting against China.
SO WHAT HAPPENS IN YOUR COUNTRY WHEN YOU DEFAULT ON YOUR REPAYMENTS ? YOU GET YOUR PROPERTY TAKEN OF YOU. LOL. HAHA😂😂😂 YOUR HYPOCRISY IS TRULY ASTOUNDING 😢😢😢
JUST LOOK AT PAKISTAN AND SRILANKA WHEN THEY BORROWED ROFM CHINA
@@saichetanreddy2012 Sri Lanka & Pakistan have more western debt.
How dare the west be such a hypocrite? The term "debt trap" was used on loans that small poor countries find hard to repay that the IMF, World Bank or western financial institutions. The conditions placed on these poor nations are harsh and even 'force' them to list their national assets as collaterals. Many poor countries are caught in this western 'debt trap'.
And then came China and its loans with conditions that're much more humane. And any poor countries finding it hard to fulfill their repayments will have the understanding Chinese institutions re-structure their repayment plans making it easier to repay. Many flock to take on the Chinese loans and the western banks are feeling the heat. So, they make up false narratives to smear Chinese loans and divert the debt trap term onto China. Of course, the African nations know best as they had been bullied by the western financial institutions and know the benefits of taking Chinese loans.
History plays essential role in development of any country. Why Africans have remained poor for at least a couple of hundred years, and earlier since colonialism started by Spain, Britain and others of the West. Africans were treated as a nation of disposal slaves sold and bought. This is the ugly past still forgotten or underplayed today.
Most poverty in Africa was man made by the colonists.
In comparison China has had no history of colonialism nor capture of local Africans traded as slaves. It has a history of dire poverty as bad as African nations experienced were caused by internal corruption and wars often now referred as “a century of humiliation”.
The colonists in Africa were plundering their wealth without proportional Investment programs to the African nations they plunder. Or nothing treating Africans as disposable slaves. Presently this is how Israel and the West is subjecting Palestinians to ugly genocides.
In comparison, China has elevated hundreds of millions out of poverty within a single generation whilst U.S. population are experiencing widespread rise in poverty in recent decades with declining lifespan expectancy. US politicians were and are starving its population with unnecessary higher budgetary cuts in domestic investment, trying to maintain hundreds of innumerable military bases trying to to exert and now declining worldwide hegemony.
Also led by U.S. politicians preaching its brand of useless predatory democracy.
Well Africans chose west and they see what happen 🙄 why not give china a chance cant get any worse than what france done
The IMF and the world bank is just a death trap for African nations, how many years those institutions have been given aid to African countries and Africa is still undeveloped, why is that, it's because they are giving the aid directly to corrupt officials who in turn a blind eye to the outside force that just rape their country of the resources
African leaders are not stupid to know what their countries needs are and who are sincere to help them. The entire African continent is colonized by the West and despite its rich resources, it remains poor and undeveloped. China gave them hope and they have seen the benefits of China many infrastructure projects.
Had it not for China, the West regard Africa to be exploited for their colonial interest. Africa must not make the wrong choice who are friends and who are chocking their development by withholding funding.
It is amazing how China is building, and America has never built anything in Africa, and they owe money to IMF, and that isn't a debt trap.
China is building for their people the Chinese not for the Africans time will tell‼️💯
When I went to China, I got a railway and a hospital. When I went to Europe, I got a lecture. From the heart of an African leader
The colonizers, talking about human rights,!!😂
Indeed! The irony! The colonizers who commited genocide everywhere, on every continent on earth. The colonizers who are global terrorists. Their crimes are too many for anyone to forget. They are remembered on every corner of the earth.
Lmao imagine thinking africa is a victim
They sold those slaves of their own free will
@@SenatorArmstrong-c9c
Shame on you.
@@loktom4068 dont tell me i should feel ashamed of my own black history
@@loktom4068 Many Americans, influenced by images in the television mini-series "Roots," mistakenly believe that most slaves were captured by Europeans who landed on the African coast and captured or ambushed people. While Europeans did engage in some slave raiding, the majority of people who were transported to the Americas were enslaved by other Africans. It is important to understand that Europeans were incapable, on their own, of kidnapping 20 million Africans. Indeed, the system became so institutionalized that Europeans had little contact with the actual process of enslavement.
How were people actually enslaved? Most slaves in Africa were captured in wars or in surprise raids on villages. Adults were bound and gagged and infants were sometimes thrown into sacks. One of the earliest first-hand accounts of the African slave trade comes from a seamen named Gomes Eannes de Azurara, who witnessed a Portuguese raid on an African village. He said that some captives "drowned themselves in the water; others thought to escape by hiding under their huts; others shoved their children among the seaweed."
The overwhelming majority of slaves sold to Europeans had not been slaves in Africa. They were free people who were captured in war or were victims of banditry or were enslaved as punishment for certain crimes. In Senegambia, the Guinea Coast, and the Slave Coasts of West Africa, war was the most important source of slaves. In Angola, kidnapping and condemnation for debt were very important. In most cases, rulers or merchants were not selling their own subjects, but people they regarded as alien. We must remember that Africans did not think of themselves as Africans, but as members of separate nations.
Developing nations, particularly those in Africa, must assert their autonomy in making decisions that prioritize the well-being and advancement of their citizens. Since the Berlin Conference of 1885, also known as the Scramble for Africa, the actions of Western powers have inflicted a level of harm upon the African continent that surpasses even the horrors of the Holocaust. European colonizers are responsible for the deaths of over 40 million African people, not to mention the countless others who were enslaved, traded, or perished as captives. The United States itself was built on the backs of enslaved Africans. The time has now arrived for Africa to assert its rightful claim to self-determination. Nations such as Burkina Faso, Mali, and Niger have already taken steps in this direction, and it is imperative that others follow suit by rejecting the influence of the West and their proxy leaders.
❤well said
As long as Africa accepts and adopts the boundaries Europeans created for their benefits all this garbage that Africa has 54 countries is just that-garbage. African nations must create their own boundaries, rename their countries, cities, etc just like India and China did
World Bank should be renamed as The Western Empire Bank..
Initially the World Bank was 'International Bank of Development and Reconstruction (IBRD).
It no longer is.
Why?
You nailed it !!!
It is done. There will be no more trust to this kind of bank in Africa. No trust to World Bank the name is by itself is a dishonety together with IMF.
The Western and US has lied to Africa for years and years. CHINA IS IN AFRICA TO WORK TOGETHER WITH AFRICANS ON MUTUAL BENEFITS AND RESPECT. CHINA IS NOT POINTING FINGERS. YHE WESTERN AND US DOES IT ALL THE TIME.
O.K., Africa, will you choose the WB and IMF for loans that your leaders and their families can spend, and your countries have to pay with raw materials for the next 50 years, or you prefer China that will also take your raw materials and will improve infrastructure with little or no money for your leaders and their families?
I think the west has exploited africa for decades.
China has saidd it ddoesn't want to be the world currency and yet english speaking media always state different or blatantly lie as the US legal / justice / political etc. arenas.
AFRICA UNITED 🙏 CONGRATULATIONS 🙏
China's loans creating values for Africa but world bank and UMF loans cresting poverty and corruption.
Good move and good life for African…
400 Jahre Zeit gehabt.
Den Kontinent ruiniert.
Jetzt sich beschweren!
Unverschämt!
💯
With World Bank and IMFs high interest rates, Africa will reject its offer.
China offers to finance big projects on long term lower interest rates.
Let's go BRICS 🎉
LOAN IN CASH VS LOAN in INFRASTRUCTURES. CORRUPTION VS TANGIBLES.
I wouldn't dare to say there's no corruption in those infrastructure projects but, you are definitely right, at least there are something actually beneficial to ordinary folks in Africa.
Stop it lie lie lie what is shell oil in Nigeria doing but financing civil unret and creating poverty
Joke AI channel.
Addis Ababa. is the rising lion Give praises
china gave them fishing rod, west gave them medicine for the fishermen
The leaders of the African continent know where to get loans to finance their developments. They weigh the pros and cons of getting loans from the IMF, World Bank or China. Obviously debts will be created if a country borrows but whose terms will be better in terms of servicing loan payments and non payments. They also know that it is easier to deal with China with payment problems than with the IMF and World bank. So don't treat the leaders of Africa like kids
Ppl will move away from US hegemony
The debt trap strategy is the same used by US, IMF and EDB. So what is to complain? The problem is the politicians signing bad contracts….
Will the world bank forgive loans like China does or will it continue to keep Africa in bondage to the west. I suppose the US wants to keep Africa in bondage.
more like shackles. They have never changed their mentality towards Africa. Still treat them like their ancestors treated them. Only today they are masters of deception.
Dept trapped Diplomacy is what the west have done for eons, and we did little to support development.
Unlike American bases in Syria etc which were illegally forced on the country Uganda and Zambia were OFFERED loans. They read the conditions and their politicians AGREED and signed. 😊🇦🇺
TEAM BRI ALL THE WAY!👍🇨🇳☮️🌏❗️
❤U guys show, topics ❤it❤Palestinian. Proud African
YES YES African nations are waking up
So explain, how long did the West colonising africa and what did the west or IMF provide for them?
Ebola tackle by USA? When , where , how
Good question ❤
What a joke!
Oh, you mean how they brought it there?
@@MMLL369 and aids and hiv
@@stigburke6296 they think that we are still stupid 🙄
This speaks volumes about the exploitative behavior of the western countries towards less developed ones. The west is happy to keep them underdeveloped and take their resources for free or as cheap as possible. I am happy for Africa and hope that the rest of the world gets developed and uses their own resources ❤
All of this is the last gasps of a system that has rotted through. It is terrifying and exhilirating - but things will be a changin'.
No African child was ever used as alligator bait by the Chinese.
That is evil. Children of the devil
well isn't that the pot calling the kettle black.....
How many year's the West being to the Continent centuries back now what are you people saying leave China alone
China has been present in Africa for the past 10 years and has made progress in physical and humanitarian development in Africa. hundreds of years earlier, the West had entered Africa and only caused absolute poverty to the African people. even clean water was a luxury in Africa at that time. Africa is trapped in debt to western countries that exploit Africa.
Well done Africa to refuse world bank 👏 👏 👏 7 stars!!!
THE WEST (US and Europe) sees Africa countries as client states , they give WB and IMF loans at very high interest rates , causing problems as what happened in KENYA , with no real motivation to see these countries raise from poverty...Africa must be controlled , they can not afford to unleash it. On the other hand the Chinese are business people , their aim is create middle class markets in Africa, for their products and eventually moving their production here....WB loans profits the US and its minions , because they force African countries to part with their Natural resources at very small amounts to cover their debts....So basically the WEST gains interests from their loans as well as Natural resources at very low price , which again mined by western companies.
To hell with world bank and IMF loan.
Ethiopia has hydro electric dam and Kenya has Nairobi to mombasa railway line because of the no string attach Chinese loans. What infrastructure has africa countries able to built with the loans from the IMF and World Bank ? Non.
And today almost africa countries currencies are worthless because of the world bank loan conditions. China don't do this sabotage to africa countries currency.
Africa countries can prosper without the poisonous world bank loan.
Let we forget about west countries, they always that take advantage the weakness of administration of poor country
They still have their outdated colonial mentality.
It's a good choice not to choose the world bank it's a high risk you get sanctioned
Democratic vallues USA and EU are roberry.
Why using pressure and coercionon on Africa to choose the World Bank over BRICS if the US and the Western really "uphold freedom and democracy"?.
This typical human being behaviour. When somebody does something that you did not do and gain popularity, you will find all means to spread lies to put him down because of your inferiority 😢
Every accusation is a confession of guilt with these Westerners...
West trying to hate on ppl for taking loans whil bros are 35 trillion in debt. Lol
South Africa must listen to China.🤖
The West needs to be told to SHUT UP
More than 90% Áfrican's debt is with WEST and not China.
AMERICAN DEBT TRAP POLICY FAIL, CHINA DEBT TRAP POLICY SUCCESS, WHY? 🤔🤔🤔😴😴😴
THE BRICS BANK IS THE FUTURE TO THE WORLD
wake up... Africans.!
Very informative
Bravo Africa ,bravo CHINA
This is very true Africa is changing life in short time is obviously
Are you complaining about China China's building something which is long-term invested in construction is fundamental because most of the African countries they have no infrastructure like for example Nigeria where Russia is going to build a nuclear power plant and its uranium will come from Russia will be there uranium owned by Nigeria we need the basic stuff like a soap factory cement factory they need the salt factory you know which is not expensive to do it but people do not have you need to have a commercial bakery with the good grain and do the natural Way East they need the brewery you know to make beer they will buy the cops from from Europe or maybe certain parts of Africa also can make it because 80% of global health market I'll think I will be rich but the Russian Bella was have to give them engineering education so the elite training universities engineering schools can train older engineers education process take 10 years means 10 years to have educated workforce and Russia China and Russia China and
Punctuations are important. I stop reading your comments after few sentences without punctuations.
It's actually in Niger, not Nigeria.
BTW Nigeria has the largest cement factory in Africa.
We still waiting for compensation for Black Wall Street…
The Colonizers need to leave the BRICS alone!
I don't understand WHY African countries would continue to do business with Europe and America on ANY level.
Muito bom 👍
Africa doesn’t need loans.
They should be giving them
Lol suddenly the west cares about Africa? What about during covid?
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Pay them off , and become independent truly
The world is changing and the outcome favors the none Western world.
Who is the U.S to critic China on loans?
west has been looooting the countries for years, and in some cases keeping them from growing and poverty... seriously
Sorry Sorry Sorry ,
To late for your new ways of hyenas
They chose China never mind. From the start very smart . Great regnet coming to them.
Africa is free to partner with any country that respect its sovereignty and assists both economically and in infrastructural development.
I am an African American, and I have done research on how European and American politics and institutions have held Africa back. deliberately, to take advantage of all their resources. Under the guise of bringing democracy. Africa has lots of issues due to Europe and the Debit trap by western nations. So who is worse, western nations only want to exploit Africa, to sustain their economies. They never cared about infrastructure in Africa, only how they could keep using Africa, and keep them poor and dependent on them. So finally Africa has an alternative, China, who has its own agenda as well. But at least they are working to build Africa with all the billions of dollars going toward, infrastructure. And I hope that they will also help with Educating African children by building more institutions of learning.
Africa must choose what will truly benefit Africa nation like the China approach that build infrastructure unlike others.
Love the outfits i just saw, African patterns. Loved this doco. I think i would trust China rather than the capitalist Western countries.
What is the difference between the world bank and the Imf.Does any body know how much interest they collect every day from African countries?
Last days of the big monster...
Mama Afrika, ONLY do whatever is in your interest.
The West expresses concern about the "exploitative effect" of BRI loans. Well, the West is the long, long term expert in the world of exploitative loans. The BRI results are partially in, and they are much, much better than the West loans.
'What is going on?' Don't be so naïve. The US is trying to maintain its hegemony over the world in the face of China's challenge to it.
Us pressure on afrika to choose
Africa has already chosen China over the west. That is final.We know the intentions of the US for Africa. We have seen it for decades.
One has to be a total idiot not to go with China. US empire having tantrums. Nothing else
❤❤❤
You mean like America no I don't think so! Amrica is no better don't be deceived!
Why the west is worried about our debts? You pay debt slowly slowly... Look at some of the other countries debts that no one talk about, now you're worried about our debts? We need to develop our nations, and that involves creating jobs. Jobs and investments means or = better economy. So why is west so worried now?
China need honesty to join business ventures and respect different kinds of people in this world I am proud of African politicians to look their people to move on I love Africa go business to china ❤❤❤❤❤❤❤
Africa should say no to both. You dont want to trade one yolk for another!
Africa needs partners so we say yes to China
Africans loved China.🎉❤🎉❤🎉❤
China gives loan with man power and something you can use. Usa gives loans with conditions, interests who would you choose.