Morupule B aftertaste sours Chinas new push into African energy (Pt II) :: Mmegi Online

Chinese firms are fast moving from competing for construction and maintenance projects in the African energy space, to increasingly holding equity and being producers on the continent. However, the failures at Morupule B are a warning that when the best laid plans go up in smoke, it is ordinary citizens who must pay the price. MBONGENI MGUNI and BABOKI KAYAWE* investigate the evolving trend in a relationship tainted in the past by under-delivery

Continued from last week…

The path of Sino-African engagement going forward that McKinsey researchers suggest, opens the door to more Chinese firms taking up equity in sectors such as infrastructure, construction and others. McKinsey researchers say the adoption of Public Private Partnerships should be the new direction of Sino-African economic engagement.

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