Fastepo: US Pressures Africa to Choose World Bank Over China

Over the past two decades, China has significantly expanded its infrastructure projects across nearly every African country, investing over $140 billion in roads, railways, ports, and other critical infrastructure. This investment surge has made China the leading trading partner for many African nations, surpassing traditional partners like the UK and the US. Chinese FDI flows to Africa have also risen dramatically, from $75 million in 2003 to a peak of $5 billion in 2021. However, China’s strategy has not been without criticism. Western critics have popularized the term ‘debt-trap diplomacy,’ suggesting that China provides loans for infrastructure projects that recipient…