SPECIAL REPORT: IS EAST AFRICA CHANGING ITS ATTITUDE TOWARDS CHINESE INVESTMENT?
Tue, 23 July 2019
The recent cancellation of high-profile Chinese infrastructure projects in Tanzania and Kenya does not indicate a shift in attitude towards investment from China. Instead, East African governments are increasingly integrating infrastructure investment options into a more competitive landscape that seeks to bridge the massive annual financing gap. However, accomplishing sustained economic growth, meeting revenue collection targets, and achieving positive indicators will be required to balance growing debt levels and record fiscal expansionism. This may be undermined by any manipulation of statistics in some East African countries.
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