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Western Calls to De-Risk African Projects Echo China’s Approach

by Cobus van Staden
South Africa's President Cyril Ramaphosa (L) is welcomed by German Chancellor Olaf Scholz at the 48th G7 Summit from June 26 to June 28 at Elmau Castle, southern Germany. John MACDOUGALL / AFP

One of the underlying factors driving Chinese business in Africa is the role of state insurers like Sinosure in reducing the risk taken on by Chinese companies. 

So it’s interesting to see that Western actors are slowly moving in the same direction. This week there’s been two notable developments:

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