Addis Ababa Metro's Decline Shows China's Step Back From Africa
==========
The article discusses the decline of the Addis Ababa Metro in Ethiopia and its implications for China's involvement in Africa. The metro project, which was built by Chinese companies, has faced numerous challenges including technical issues, financial difficulties, and low ridership. This decline is seen as a reflection of China's changing approach to infrastructure projects in Africa, with a shift towards more cautious and selective investments. The article highlights the importance of the Addis Ababa Metro as a symbol of China's influence in Africa and the potential impact of its decline on future Chinese investments in the region.
https://www.bloomberg.com/news/articles/2024-04-12/addis-ababa-ethiopia-metro-s-decline-shows-china-s-step-back-from-africa?embedded-checkout=true