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African countries with the largest China loans

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African countries with the largest China loans

China in her aspirations to become a global trade leader is employing an imperialist behavior, willing to step on the back of any hungry country enough to be lured with access to a market of a billion people and huge interest on the debt – which is often extended in kind rather than in cash.

 

The relationship between China and Africa can be summarized as a ‘debt-trap diplomacy’ and most African countries are finding the honey so sweet as to keep going for more and more. Being offered cheap infrastructure loans, with the sting of default coming if smaller economies can’t generate enough free cash to pay their interest down.

 

Through debt China has used its soft power to gain access to the African unfettered market, employing craft predatory trade agreements that have seen it import its products “Made in China” at the expense of local industries.

 

Below are African Countries owing China a great deal of debt.

 

Country

Amount in USD

1

Angola

$42.8 billion

2

Ethiopia

$13.7 billion

3

Kenya

$9.8 billion

4

Republic of Congo

$7.42 billion

5

Sudan

$6.49 billion

6

Zambia

$6.37 billion

7

Cameroon

$5.56 billion

8

Nigeria

$4.83 billion

9

South Africa

$3.78 billion

10

Ghana

$3.49 billion

11

Democratic Republic of the Congo

$3.43 billion

12

Egypt

$3.42 billion

13

Uganda

$2.96 billion

14

Cote d’Ivoire

$2.69 billion

15

Tanzania

$2.34 billion

16

Mozambique

$2.28 billion

17

Zimbabwe

$2.21 billion

18

Segenal

$1.63 billion

19

Equatorial Guinea

$1.62 billion

20

Djibouti

$1.46 billion

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Wealth

The entire Kardashian/Jenner family Combined Net Worth

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The entire Kardashian/Jenner family Combined Net Worth

Member

Net Worth

Kylie Jenner:

$900 Million

Kim Kardashian:

$350 Million

Kanye West:

$160 Million

Caitlyn Jenner:

$100 Million

Kris Jenner:

$90 Million

Khloé Kardashian:

$40 Million

Kourtney Kardashian:

$35 Million

Kendall Jenner:

$30 Million

Rob Kardashian:

$10 Million

Combined Net Worth:

$1.715 Billion

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Wealth

Kris Jenner Net Worth

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Kris Jenner Net Worth

Net Worth:

$90 Million

Age:

63

Born:

November 5, 1955

Country of Origin:

United States of America

Source of Wealth:

Television Personality/Entrepreneur

Last Updated:

2018

Kristen Mary Jenner “Kris Jenner” (formerly Kardashian; born November 5, 1955) is an American television personality, entertainment manager, producer, businesswoman, and author. She rose to fame starring in the reality television series, Keeping Up with the Kardashians (2007–present).

 

She has four children from her first marriage to lawyer Robert Kardashian: Kourtney, Kim, Khloé and Robert, and two children from her second marriage to television personality and retired Olympic Games medalist, Bruce Jenner (now Caitlyn): Kendall and Kylie.

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Kylie Jenner Net Worth

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Kylie Jenner Net Worth

Net Worth:

$900 Million

Age:

21

Born:

August 10, 1997

Country of Origin:

United States of America

Source of Wealth:

TV Personality/Model

Last Updated:

2018

Kylie Kristen Jenner (born August 10, 1997) is an American reality television personality, model, entrepreneur, socialite, and social media personality. She has starred in the E! reality television series Keeping Up with the Kardashians since 2007 and is the founder and owner of cosmetic company Kylie Cosmetics.

 

In 2012, she collaborated with the clothing brand PacSun, along with her sister Kendall, and created a line of clothing, “Kendall & Kylie”. In 2015, Jenner launched her own cosmetics line called Kylie Lip Kits, which was renamed to Kylie Cosmetics the following year. She also released a mobile app that reached number one on the iTunes App Store.

 

In 2014 and 2015, Time magazine listed the Jenner sisters on their list of the most influential teens in the world, citing their considerable influence among youth on social media. As of 2018, with over 100 million followers, she is one of the top 10 most followed people on Instagram. In 2017, Jenner was placed on the Forbes Celebrity 100 list, making her the youngest person to be featured on the list. Jenner starred on her own spin-off series, Life of Kylie, which premiered on E! on August 6, 2017.

 

According to Forbes magazine, her net worth is $900 million. This is mainly attributed to her having 100% ownership of Kylie Cosmetics. In an August 2018 issue of Forbes, they predicted that Jenner will become the youngest self-made billionaire ever, however others disputed the designation “self-made”. In November 2018, Page six credited her for being very influential in the fashion industry.

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