West criticises China over its debt policy in 'new scramble for Africa'

China is now Kenya’s largest bilateral creditor, accounting for 72 per cent of all foreign loans. FILE PHOTO | NMG

A war of words is emerging between China and the West over who has the best interests of Africa at heart when it comes to vitally needed investment.

With political analysts talking about a ‘new scramble for African resources’ following the high level meeting in China attended by 54 African states last week, questions have been raised as to who will really benefit from the increased interest.

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