Can the Build Back Better World plan really undo China’s Belt and Road Initiative in Africa?
- The world’s richest countries unveiled their own infrastructure plan as a way of countering Chinese influence on the continent
- But Africa needs an estimated US$150 billion a year post-Covid-19 and many believe there is a need for both schemes
Ramaphosa had been asked whether he was worried that the planned investment in African infrastructure was not the right way “to push back at China” and replied: “We are a continent of many countries with huge deficits regarding infrastructure … We want partner-type investments. We are open to business and investments. We welcome those who come, on good terms of course.”
Ramaphosa said the commitment from the G7 must not be looked at negatively and “is not a threat of pushing China out”. He added: “We don’t see the exclusion of one at the expense of another. We see inclusion.”
The South African leader’s comments are echoed by many observers, who say there is plenty of room for both “rival” projects. Africa still has a huge infrastructure deficit and the growing interest from the West can complement China’s funding of railways, highways, ports and power plants.
