UNGA: Ghana's Akufo-Addo defends massive Chinese investment across Africa

  • 26-09-2018


    Ghanaian president Nana Akufo-Addo is defending massive Chinese investment across Africa in the face of concerns about a possible "re-colonization of the African continent by a new power."
    President Nana Akufo-Addo says "it is obvious to Africans that the development trajectory they had been on for many decades is not working."
    The Ghanaian leader made the assertion on Wednesday when he addressed the U.N. General Assembly in New York.
    The United States and others have expressed concern that Chinese loans to African nations for infrastructure projects will trap the countries in debt.