Well so ...!!!Africa is happy for CHINA to help them..!..
You heard of the BELT and ROAD
China have put their hand up, to do Ports and ROADS in ALL Africa...!
Other AUSTRALIAN companies will benefit from CHINESE ACTIONS in AFRICA...
Under the premise of observing multilateral rules and procedures, China will support African countries in effectively access of the resources of the World Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, and the New Development Bank, to broaden financing channels, promote information sharing, and strengthen capacity building
The two sides reaffirm that it is necessary for credit ratings made by certain international institutions on the economies of developing countries, including African ones, and which have an impact on the cost of borrowing, to be more objective and transparent. We encourage the creation of an African rating agency, under the aegis of the African Development Bank, the aim of which will be to establish a new evaluation culture which takes into account the specialties of African economies. In the same vein, we call for a reassessment of the gross domestic product of African economies, including the green wealth of the African continent.
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