Where’s the news for Africa?

I’ve just read an exhilarating article. There shouldn’t be so much to laugh actually, because the situation it refers to is more than serious. Well, I think I can simplify a bit a phenomenon that would require to be economically and politically analyzed.

africa

It seems that Chinese investments in many African countries have been widely increased during the last years. Data show that China’ investments grew from less than 1 billion dollars in 2004 to 7 billion dollars in 2006. China is the second trade partner of African countries after United States.

As it has always happened, no country invests money in Africa without economical interests. What has been done for decades was spending money without building permanent structures that would have led them to an economical independence. And that’s how the national debt became overwhelming. All this happened with Western colonialism and, once the colonialism stopped, have been carried on through investments.

What’s make me laughing is that now China is being criticized because of the kind of agreement made with African countries. Indeed, these investments don’t create permanent structures but just temporary developments. So China has been accused to enrich its economy deteriorating the Africa’ condition. And who are moving this accuse are the same countries that did it for ages, the Western ones.

It’s the history repeating itself.. Let’s try to not be hypocrite, at least!