Nairobi-based international development economist Anzetse Were suggests in a new paper for the South African Institute of International Affairs that Kenya’s leaders, not China, should be the ones held accountable for borrowing too much money without a detailed, transparent plan on how to repay the loans.
She joins Eric and Cobus to discuss the growing anti-Chinese backlash in Kenya and the country’s burgeoning economic crisis.
Recommendations
- “Debt Trap? Chinese Loans and Africa’s Development Options,” Anzetse Were, South African Institute of International Affairs, September 11, 2018
- “China Owns 21.3% of Kenya’s External Debt—Not 70% As Reported,” Carlos Mureithi, Africa Check, August 21, 2018