Military coup in the Congo while the President is out the country. Macron and the French are baffled!
(twitter.com)
💥 Another Coup?! Really 🤔
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Don’t worry be happy China is all over Africa. 1) Chinese businesses are increasing their investment in Africa's agricultural sector, growing more grains, and through the initiative of “100 companies in 1,000 villages”, helping create jobs, reduce poverty and improve livelihood for the rural households in Africa. 2) Both China and Africa proclaim a new, mutually beneficial economic, political, and regional alliance. China sees a source for raw materials and energy, desperately needed to support its industrial and economic growth. 3) China loaned a total of $143 billion to African governments and state-owned enterprises between 2000 and 2017. In 2020, the African countries with the largest Chinese debt were Angola ($25 billion), Ethiopia ($13.5 billion), Zambia ($7.4 billion), the Republic of the Congo ($7.3 billion), and Sudan ($6.4 billion). 4) Debt-trap diplomacy is a term to describe an international financial relationship where a creditor country or institution extends debt to a borrowing nation partially, or solely, to increase the lender's political leverage. The creditor country is said to extend excessive credit to a debtor country with the intention of extracting economic or political concessions when the debtor country becomes unable to meet its repayment obligations.[1] The conditions of the loans are often not publicized.[2] The borrowed money commonly pays for contractors and materials sourced from the creditor country.
Where else would China get all the rare earth minerals and other resources they need to manufacture all the cool stuff we buy on Amazon and at Walmart? 🤷