mkereketwamtanganyik
New Member
- May 23, 2013
- 4
- 1
United States also has failed to sustain some of the previous investments it has made in Africa, allowing China to get the upper-hand.
Take Tanzania as an example. In 2008, under former U.S. President George W. Bush, the U.S.-funded Millennium Challenge Corporation signed a nearly $700-million compact with Tanzania to improve roads and other infrastructure in the country.
It is the most funding the aid agency has ever awarded. But much of that money is going, more or less directly, to Chinese companies who have won construction contracts to implement the projects..
I CAN SEE WHY MR.OBAMA IS COMING.....
Take Tanzania as an example. In 2008, under former U.S. President George W. Bush, the U.S.-funded Millennium Challenge Corporation signed a nearly $700-million compact with Tanzania to improve roads and other infrastructure in the country.
It is the most funding the aid agency has ever awarded. But much of that money is going, more or less directly, to Chinese companies who have won construction contracts to implement the projects..
I CAN SEE WHY MR.OBAMA IS COMING.....