CGD in the News

Africa at risk: Malaysia slams China’s “new version of colonialism” (CAJ News Africa)

August 29, 2018

By Said Aboubaker and Savious Kwinika 

It is a crisis mirrored across the developing world: loans so huge that government struggles to repay the debt.

But Malaysian prime minister Mahathir Mohamad would not have it.

On a visit to Beijing this week, he accused his host of luring nations into a trap with easy loans for projects they don’t need.

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According to a report from the Centre for Global Development, the country most at risk is Djibouti, an enclave that controls one of the world’s busiest shipping lanes from the Indian Ocean to Suez. 

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