Post #5007

🇨🇳🌍China turns to PPPs to fund big projects in Africa China has turned to public-private partnerships (PPP) to finance big African infrastructure projects under a grand China investment initiative, a shift experts said could reduce Beijing’s financial risks while easing debt pressures on African countries. By granting Chinese companies long-term operating rights in exchange for construction financing, the model represents a pivot from direct government loans through China’s policy banks under its Belt and Road Initiative, Beijing’s plan to build global trade and infrastructure links. From Nairobi’s mega-highway and stalled railway to Zambia’s Lusaka-Ndola dual carriageway, Beijing is encouraging its companies and financiers to use PPP models for major projects that African governments previously avoided due to debt concerns – described by analysts as a “yellow brick road” for sustaining infrastructure development. #China#Africa @asianomics