Follow CGSP on Social Media

Listen to the CGSP Podcast

Nigerian VP: “Most African Countries Are Rightly Unapologetic About Their Close Ties to China”

by Eric Olander
Nigerian Vice President Yemi Osinbajo speaking at King's College in London, where he gave a forceful defense of his country's and other African states' ties with China. Image via @ProfOsinbajo

Nigeria’s Vice President Yemi Osinbajo pushed back against Western criticisms of Chinese engagement in Africa, saying concerns over predatory lending are “an overreaction.”

The Vice President spoke at King’s College in London, where he also reminded the audience that “the history of loans from Western institutions is not great. The memory of the destructive conditionalities of the Bretton Woods loans are still fresh and the debris is everywhere.”

Lead the Conversation on China

Subscribe Today to Get Full Access to The China-Global South Project

Check Out Everything You'll Get With Your Subscription

The China-Global South Daily Brief delivered to your inbox at 6AM Washington time

Full access to exclusive news and analysis from editors based in the Global South

Transcripts of CGSP’s twice-weekly podcasts

Students and teachers with a valid .edu email address are eligible for a 50% discount off monthly or yearly subscriptions. Email us to receive a discount code.

You Might Like

China Pushes Back at Outgoing World Bank President’s Criticism That Beijing Isn’t Doing Enough on Debt Relief

The Chinese government clapped back on Wednesday against renewed criticisms from outgoing World Bank President David Malpass that Beijing isn’t moving fast enough to restructure debts in many of the world’s poorest countries. ...

Zambia’s Debt Grows to $33 Billion as Restructuring Talks Stall and Interest Accrues

The Zambian Finance Ministry released its latest debt figures this week that reveals the painful cost that delays in restructuring are exacting on the economically-distressed country. The country’s total public debt now stands ...

Lots of Talk, Little Action: Zambia’s Debt Relief Process Remains Stalled Says Finance Minister

Zambia’s Finance Minister Situmbeko Musokotwane said it’s urgent that the country’s international creditors finalize a debt restructuring deal at once, or else a $188 million IMF emergency financial package could be at risk. ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.