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Deeq A.

Djibouti’s debt-defying stunt: Taking China’s money without accepting China’s control

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Deeq A.   

In this Horn of Africa country, Beijing is helping to build an ultramodern trade hub – and, some fear, tighten its grip on Africa through multibillion-dollar loans. Can Djiboutians escape the debt trap?Red-and-gold Chinese banners hang outside the headquarters of Djibouti’s free-trade zone, adding a splash of colour to the dusty desert gateway of this hugely ambitious project, the biggest of its kind in Africa.

Source: Hiiraan Online

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