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China in Africa: investment and trade work well when there’s strong oversight, and badly when there isn’t

By Vincent Tawiah, Assistant Professor in International Financial Reporting, Dublin City University

China’s economic footprint in Africa has grown fast over the last two decades. Across the continent, Chinese-backed mines, oilfields, railways and industrial zones have gone from being ambitious projects to central pillars of national development plans.

This has been made possible by over US$181 billion in infrastructure loans and about US$50…

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