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Chinese 'gifts' could hurt Ghana – IMANI

President of the People’s Republic of China, Xi Jinping and President of the Republic of Ghana Nana Addo Dankwa Akufo-Addo in Beijing earlier this month.

More critics are emerging following billions of dollars quid pro quo between Ghana and China signed earlier this month – a deal that would allow China to dig and export a hefty portion of Ghana’s natural resources.

At a joint public forum between Joy News and IMANI, an African policy and education think tank group, senior financial consultant Kofi Bentil asserted that the deal with the Chinese could result in a categorical disaster.

“Every Chinese gift is a trojan horse. If we don’t use it well, it could end up poorly for us,” said Bentil, who currently serves as the senior vice president of IMANI.

Kofi Bentil, Senior Vice President, IMANI

He maintained that the Chinese may not have bad intentions, but if Ghanaian government officials fail to think wisely, the result could be like former deals with the Asian country that have since gone sour.

“We always welcome China’s approach to strengthening the scope of Africa,” he continued. “But Africa needs leaders that will negotiate well,” adding that in the past, our relationship with the Chinese ebbed and flowed because “we did not do our homework well.”

Other critics argue that accepting the multi-billion-dollar barter (which will see China hydro deliver infrastructure worth $2billion in return for processed bauxite) goes against President Akufo-Addo’s pledge to build a “Ghana Beyond Aid,” an initiative designed to build Ghana as a superpower without necessarily relying on international support.