"The problem is that the ratings we are making for the African should be different," Ibrahima Sory Sylla, ambassador for the West African country ofThe number of people in West Africa experiencing an acute lack of food surged by nearly 40% in a year, according to ain December citing the United Nation's World Food Programme. The figure surged 60% during that time for the number of East Africans, the report said.
"Rating decisions are based on independent, robust, transparent and timely analysis," the person added. Thia said he just returned from a trip to Africa two weeks ago and saw a "brand-new city" being built by many Chinese contractors — but with very low occupancy."The loan itself matters, infrastructure matters, but timing and debt management and absorption capacity matters, coordinating and staggering out and having a plan," said the AIIB economist. "Build slowly, get people in, build more, is sometimes much more efficient, maybe not as big bang.
Allan Joseph Chintedza, ambassador of Malawi to China, said the report should look also at the repayment period for Chinese loans.
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