The Complicated Chinese Promise🤞

Welcome to the 86th edition of ፍራንክ Digest!

Your weekly brief on all things Finance and Investing. Quick, enjoyable reads for busy professionals in 5 minutes or less.

Here’s what’s coming your way:

• 🪜The Infrastructure Debt Ladder

• 🤔 EthSwitch: Ethiopia’s Next Big Company?

• 🖼️ Big Picture

Thanks for reading!

Pushing Limits: Ethiopia x Chinese Debt

Investing

If you witnessed Ethiopia for the last couple of decades, you don’t need an economist to tell you that the country desperately needed infrastructure.

So when China showed up at the turn of century with deep pockets, Ethiopia understandably said, “የኔ ቆንጆ, let’s build.”

And build they did.

Chinese project financing has offered a pathway to build foundational infrastructure at a scale that few other lenders or partners could or would match.