Categories: Stories

West pushes Zimbabwe, Africa towards Russia and China

The United States, under the direction of President Donald Trump’s national security adviser, John Bolton, announced a new Africa policy in December. Aside from a commitment to countering terror groups across the continent, Bolton underlined America’s goal of undermining China’s and Russia’s growing economic influence through investment.

Speaking to reporters at the time, Bolton said “China uses bribes, opaque agreements and the strategic use of debt to hold states in Africa captive to Beijing’s wishes and demands. Its investment ventures are riddled with corruption, and do not meet the same environmental or ethical standards as US development projects”.

Russia’s renewed efforts in Africa echo the US approach to containing China’s growing influence. Gone are the days of Russian involvement in African liberation struggles based on Marxist political calculations. Just as China uses its economic muscle to invest in struggling African economies, so too does Moscow.

This is especially true in Southern Africa, where Russia has been marketing everything from nuclear power plants to military cooperation. As the violence engulfed the streets of Harare last week, Mnangagwa was in Russia trying to raise money.

The President even sent tweets from Moscow appealing for calm among his people. The only problem was that no one could read them because Twitter had been blocked.

When all is said and done, China is the true innovator in Africa. Through myriad investments in infrastructure, Beijing manages a form of debt-trap diplomacy across the continent. Zimbabwe, in this regard, is a crown jewel. On the eve of his election last year, Mnangagwa flew to Beijing to discuss investment deals and the future of his country’s economy.

Given the staggering economic challenges facing Harare, it will be nearly impossible for Zimbabwe to get back to a healthy economy without a massive infusion of capital. Just this week, South Africa turned down a request for a US$1.2 billion loan to Zimbabwe, noting that it simply didn’t have the money to lend.

In previous decades, Harare would have sought Western financial assistance. But a decade of sanctions against the Robert Mugabe regime and general lack of interest in the internal problems of poor African countries mean that that is no longer in the cards. As such, the likes of China and Russia will step in to fill the void and also enjoy newfound geopolitical capital.

The lack of coverage of Zimbabwe’s protests in Europe and the United States reflects much more than an unwillingness to care about the country’s future, but also of a fundamental rethink of Western political objectives in Africa. China and Russia only stand to benefit.-Asia Times

(186 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

Page: 1 2

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Zimbabwe International Trade Fair plans to turn exhibition centre into commercial complex

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…

April 25, 2024

ZiG falls against US dollar

Zimbabwe’s new currency today fell against the United States for the first time since its…

April 25, 2024

ZiG plays havoc on the Zimbabwe Stock Exchange

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…

April 24, 2024

Jonathan Moyo tells Mushayavanhu to stick to monetary policy and leave money changers to the police

One bane of recent public discourse in Zimbabwe is not only that it is never…

April 23, 2024

ZiG kicks off third week on a stronger note

Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as…

April 22, 2024

Zimbabwe asks US to tell its banks they can now deal with Harare

Zimbabwe Finance Minister Mthuli Ncube is asking the US government to tell banks that they…

April 20, 2024