Academics from South Africa's University of the Witwatersrand and the London School of Economics have said that China's One Belt, One Road development initiative needs the support of African governments to succeed. In an article for The Conversation, researchers Yu-Shan Wu, Chris Alden and Elizabeth Sidiropoulos stated that the initiative could help Africa plug its infrastructure deficit and aid industrialisation. They also suggested that China should be more open about how it is using the money allocated by the BRICS countries in order to finance projects such as a high-speed rail link between Beijing and Johannesburg.
Academics from South Africa's University of the Witwatersrand and the London School of Economics have said that China's One Belt, One Road development initiative needs the support of African governments to succeed. In an article for The Conversation, researchers Yu-Shan Wu, Chris Alden and Elizabeth Sidiropoulos stated that the initiative could help Africa plug its infrastructure deficit and aid industrialisation. However, its success depends on African governments providing a stable investment environment, especially "if, as envisaged, the private sector plays a key role in Belt and Road projects," the researchers wrote.