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TagMathew Otieno

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Concept image of China-Africa economic relations, Bilateral trade,

Journalist: West Is Letting Africa Slide Into China’s Tech Orbit

Mathew Otieno points out that China slid easily into the space left by the former Soviet Union. — liked just for not being Western

Kenyan tech reporter Mathew Otieno warns that, as Africa goes high-tech, it is mainly on totalitarian China’s terms. He doesn’t spare feelings: “A combination of arrogance and indifference is proving fatal to Western interests” Most of Africa’s signature modern infrastructure projects, from railways and roads to dams and ports, have been, or are being, built or upgraded by Chinese firms, many of them state-owned, with funding from Chinese loans and grants. Even the building currently housing the headquarters of the African Union was a wholesale Chinese gift, from foundations to rafters. Mathew Otieno, “The West is letting Africa slide into China’s orbit. It doesn’t have to” at MercatorNet (August 31, 2022) Many warn of a debt trap for the emerging Read More ›

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vehicles on road during daytime

Overcrowded and Chaotic Lagos Is Becoming Africa’s Silicon Valley

Welcome to Yabacon Valley! Mathew Otieno is your tour guide.

This piece by Mathew Otieno originally appeared at MercatorNet (August 7, 2022) and is republished here under a Creative Commons License. Flutterwave is an online payment infrastructure provider headquartered in San Francisco. Its customers include global giants like Uber and Microsoft and tiny local start-ups. In 2021, five years after it was founded, Flutterwave became a unicorn (valued at over a billion dollars). In early 2022, a series D funding round of US$250 million brought that value to $3 billion dollars. If things go well, it plans to IPO within the next two years. Impressive, right? But the most impressive part is that Flutterwave isn’t an American company. It was founded in Lagos by three Nigerians, and its biggest markets Read More ›