In a new tweet this week the Chinese Exim Bank clarifies that the bank now has full control over Kenneth Kaunda Airport, Zambia’s main broadcast cooperation and the ZESCO Power plant. In full force the colonization of Africa continues.
These Chinese take-overs are a result of the total loans that Zambia are granted by China. In the image below the total amount loans of the African country are listed. The bank says to recover the loans by all means.
Total loans that Zambia are granted by China:
Copperbelt C400 Roads 418 million dollar (2015)
Chipata – Serenje Railway line 2,3 billion dollar (2017)
Mongu – Kalabo Road 287 million dollar (2011)
2.000 Military houses 157 million dollar (2017)
Mansa – Luwingu Road 242 million dollar (2012)
Mbala – Nakonde Road 180 million dollar (2011)
Lusaka Sanitation Project 130 million dollar (2015)
Kafubu water project 104 million dollar (2014)
National Heroes Stadium 94 million dollar (2011)
Levi Mwanawasa project 90 million dollar (2015)
Kafulafuta Dam water project 449 million dollar (2017)
Housing project Security 275 million dollar (2015)
Kenneth Kaunda International Airport 360 million dollar (2015)
Kafu Gorge Lower Powerplant 1,7 billion dollar (2015)
Kariba North Bank Powerplant 430 million dollar (2015)
Lusaka L400 Rods 300 million dollar (2013)
Copperbelt International Airport 400 million dollar (2017)
Lusaka de-congestion 286 million dollar (2017)
Communication Towers TopStar 280 million dollar (2017)
The amount of Chinese take-overs in Africa is absolutely crazy and will only increase in the future if African leaders will keep accepting loan after loan. Recently China took all fishing exclusive fishing rights in Somalia, they took over Entebbe Airport in Uganda a month ago.
In South Africa China took over almost all of its power plants and recently the nation took all farming rights of five African countries. The colonization of Africa is taking place in full force. A very scary development, which will only benefit the Chinese in the long term.
Africans are now getting roads, railroads and hospitals. But what rights will they loose in trade for this?