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China..... being bad. Excerpts.

https://face2faceafrica.com/article/somalia-gives-up-its-fishing-rights-to-china

Somalia gives up its fishing rights to China

At a time when local fishermen in Somalia are struggling to compete with foreign vessels that are depleting fishing stocks, the government has granted 31 fishing licenses to China.

Since assuming power last year, this is the first time that Somali president, Mohamed Abdullahi Farmajo has given fishing rights to foreigners, news site BBC reports.

Under the new development, the China Overseas Fisheries Association, which represents 150 companies, will be allowed to fish for tuna in Somali waters.

The country’s fisheries ministry is hopeful that the move would ensure that resources are exploited legally.

Over the years, local fishermen and coastal communities in Somalia who survive on fishing have appealed for assistance from the government to keep larger, foreign boats out of the country’s territorial waters.


https://www.taiwannews.com.tw/en/news/3605624

China’s African debt-trap: Beijing prepares to seize Kenya’s port of Mombasa

TAIPEI (Taiwan News) – China may be preparing to seize some major assets in the African nation of Kenya, as a result of debt-trap diplomacy.

African media reports that Kenya may soon be forced to relinquish control of its largest and most lucrative port in Mombasa to Chinese control.

Other assets related to the inland shipment of goods from the port, including the Inland Container Depot in Nairobi, and the Standard Gauge Railway (SGR), may also be compromised in the event of a Chinese port takeover.

Kenya has reportedly taken extremely large loans from the Communist government for the development of some major highways, and especially for the SGR, which forms a crucial transport link to and from Nairobi for the import and export of goods through Mombasa.

In November, Moody’s noted that Kenya is at high risk of losing strategic assets because of debts owed to Beijing.

Local media began to express concern that Chinese lenders may be angling to seize assets, since it does not appear the Kenyan government will be capable to repaying the loans.

Now, one month later, ahead of the New Year, it’s been reported that the Chinese may be preparing to take over the Mombasa Port infrastructure soon.


1,003 posted on 12/28/2018 8:48:25 PM PST by little jeremiah (When we do not punish evildoers we are ripping the foundations of justice from future generations)
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To: Unrepentant VN Vet

.


1,005 posted on 12/28/2018 8:49:59 PM PST by Unrepentant VN Vet (...against all enemies, foreign or domestic...)
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To: little jeremiah

So if china forecloses & takes control of kenyan assets would this make barack hussein bin soetoro chinese?


1,008 posted on 12/28/2018 8:54:00 PM PST by thinden
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To: little jeremiah

Somalia gives up its fishing rights to China
*************************************************************************
No surprise. Typical Chinese strategery. Wonder how much stuff they own here in USA?


1,015 posted on 12/28/2018 9:06:37 PM PST by greeneyes
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To: little jeremiah
At a time when local fishermen in Somalia are struggling to compete with foreign vessels that are depleting fishing stocks, the government has granted 31 fishing licenses to China.

Maybe time for the Somalians to become Baptists, and start raising corn and hogs for the barb-au-que.

Local media began to express concern that Chinese lenders may be angling to seize assets, since it does not appear the Kenyan government will be capable to repaying the loans.

Is this more of Obama's handiwork?

Otherwise, maybe the ChiComs can finally make something out of the "dark continent".

1,115 posted on 12/29/2018 7:15:01 AM PST by ROCKLOBSTER (The Obama is about to hit the fan.)
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To: little jeremiah
Somalia gives up its fishing rights to China

Those colonialists! Surely the leftists are up in arms over this.

On the other hand, worse things could happen to Somalia than being taken over by China. In fact, they already have.

1,213 posted on 12/29/2018 11:57:22 AM PST by AZLiberty (218 House seats or bust! Bust. But the Dems will be busted for election fraud.)
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