Expert: Africa benefits from BRI

CNC
Added On March 22, 2019

A Kenyan expert says Africa has benefited greatly from China-proposed Belt and Road initiative. 

Economy report has more.
 
Speaking in Kenya's capital, Nairobi, expert on Sino-Africa relations, Cavince Adhere, said Africa and China have huge markets and need each other.
 
Adhere said east Africa is an important pillar of China-Africa cooperation.
 
SOUNDBITE(English)  CAVINCE ADHERE, Sino-Africa Relations Expert
 
"Africa also looks to benefit from Chinese technology,Chinese resources,Chinese finances,so I hope the two entities can have cordial discussions and fix what's not working so that the spirit of win-win for shared prosperity can be realized."
 
Adhere believes that Kenya has benefited greatly from the China proposed Belt and Road initiative. Kenya's new "Standard Gauge Railway," which links the port city of Mombasa with Nairobi, is the largest infrastructure project in the country's history.
 
Acting Managing Director at the Kenya Railway corporation, Philip Mainga, said the Belt and Road initiative has proven to be a reliable instrument for Kenya when it comes to financing and building new infrastructure.
 
SOUNDBITE(English) PHILIP MAINGA, Kenya Railway Corporation
 
"Belt and Road initiative has been comprehensive between us and the peoples republic of China, number one is in terms of procuring and financing for infrastructure and negotiating the loan systems, I think it has been beneficial in especially to us in Kenya railways."
 
Experts say Kenya's flagship railway project will boost the local economy and attract investment in critical sectors like tourism, agriculture and manufacturing.
 
China is helping African countries across the continent bridge huge infrastructure gaps.