(Reuters) - The European Union warned China on Monday of the dangers of lending money to Africa and said it was not willing to write off any unrepaid debt to Beijing from Europe's former colonial backyard.
Europe remains by far Africa's bigger trading partner and aid donor, but recent years have seen a surge in soft loans from energy-hungry China to finance projects in Africa ranging from roads to telecoms networks.
Read more at Reuters Africa
Europe remains by far Africa's bigger trading partner and aid donor, but recent years have seen a surge in soft loans from energy-hungry China to finance projects in Africa ranging from roads to telecoms networks.
Read more at Reuters Africa
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