
Afropolitan 🅰️🌶
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Afropolitan 🅰️🌶
@afropolitan
Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.



Dangote talks to Nicolai Tengen, Norges Bank Investment Management CEO, why China is the preferred partner and financier for African government and businesses. He gives an example in which he explained Chinese companies, backed by their state insurer, will take 20% down and give credit facilities for up to 5 years for companies on the continent to purchase their equipment. The same cannot be said for Europe. He adds in the end that the US, Japan and others are now adapting and becoming more flexible now that they have to compete with the Chinese in these partnerships. This affirms my thoughts on the role China has played in Africa and why it’s an important, if not, preferred option for a continent that is looking to rapidly develop. It just works. Simple, no sentiment, just pure pragmatism and common sense. Full interview: youtu.be/jVs4NBoHZic?si…







