Real Assets
If there is an African country that has sought to emulate the Chinese development model, it is Ethiopia. In the capital Addis Ababa, evidence of Chinese money and influence is everywhere: roads, skyscrapers, airports and an electrified railway.But Ethiopia is facing challenges in servicing loans it took on to build rail links and other infrastructure projects. The coronavirus pandemic and deadly Tigray war have compounded this, pushing the country into high risk of debt distress and raising…

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