The Importance Of Improving America\’s Investment Policies In Africa – An Interview With Yuri Vanetik
October 2, 2022 ⚊ 1 Min read ⚊ Views 108 ⚊ BUSINESSEarlier in September, Chinese leader Xi Jinping pledges $60 billion in aid and loans to Africa, with no ‘political conditions attached’, ostensibly to expand its trade and economic influence in the region. Other economic superpowers such as Russia and Britain are scrambling to gain a foothold on the continent because of the availability of low-cost natural resources and still extremely cheap labor. The United States has always been a lead investor in regions that offer economic arbitrage opportunities; however, in recent years China has consolidated its economic hegemony on the African continent.
Tags: business, politics, Real Estate, yuri vanetik