
Russian President Vladimir Putin meet with Chinese President Xi Jinping in Samarkand, Uzbekistan, on September 16, 2022. Russia and China are both increasing their presence in Africa in order to benefit from the continent’s abundant natural resources.
Analysts say China and Russia are increasing their presence in Africa to tap its rich natural resources, despite dire warnings from UN agencies that the world’s poorest countries face crippling debts.
“One out of every three major infrastructure projects in Africa is built by Chinese state-owned enterprises, and one out of every five is financed by a Chinese policy bank,” said Paul Nantulya of the Africa Centre for Strategic Studies, an academic institution within the US Department of Defense.
“Russia, a key arms exporter to Africa, is also making forays into the continent through mining projects granted to the Wagner private paramilitary group,” Nantulya said.
This month, leaders from the under Developed Countries met in Qatar for a UN-sponsored summit to condemn the treatment of their countries.
After Western countries reduced infrastructure funding, a void was created, which China and Russia filled.
Follow us on Facebook, Twitter and Instagram @Benuepost
What’s your take? Please drop a comment…