Kenyan Ambassador to UN Macharia Kamau’s keynote speech at Cornell University
Concerns over Chinaโs increasing economic involvement in Africa have been overblown, Kenyan Ambassador to the United Nations Macharia Kamau argued in an address Feb. 26 in Myron Taylor Hall.
โWeโve had experience with excursions by other parts of the world: the Portuguese in the 14th century, the Arabs, Europeans in the 19th century, and the Americans in the 20th century,โ Kamau explained. โWhy is it so peculiar that China is in Africa?โ
Kamau was the keynote speaker at The Cornell International Law Journalโs 2015 Symposium, โThe Journey to Invest: Chinaโs Economic Excursion into Africa.โ
The ambassador spoke at length about how Chinaโs involvement in Africa is often misrepresented in the media as little more than an exploitative enterprise to extract oil and other natural resources.
โIf you look at other countries โฆ particularly the European countries, they have been doing equally exploitative adventures in Africa, but without the commensurate benefits,โ he said. โAfrica remains to this day the poorest, most exploited, most beaten-down continent on Earth. That is why Africa has embraced the Chinese opportunity.โ
Contrary to the media portrayals and reactions, โAfrica is not Chinaโs priority,โ Kamau argued. He stated that only 3 percent of Chinese foreign direct investment goes to Africa, and only 4 percent of its trade goes to Africa. Yet around $25 billion, or 47 percent of Chinaโs investment on the continent, has been for โdevelopment assistance.โ In comparison, the total developmental assistance investment in Africa from the rest of the world is about $90 billion.
โNot only is China seeking raw materials, but they are also putting their money into manufacturing, infrastructure and construction,โ Kamau said. โIn reality, we now see that China has come into Africa and it is having a huge transformative impact on the continent.โ This is because of its ability to affect issues relating to economic growth: investing in education, fighting poverty and combating disease, he said. โThe terms of engagement [with China] have been amazingly generous.โ
Nevertheless, the ambassador emphasized that โChina is not doing this out of pure philanthropy,โ as 58 percent of its investment has been targeted at six countries, all with huge resource opportunities.
While Chinaโs foreign policy strategy is driven by its agenda, this isnโt necessarily a bad thing, Kamau said. China, he said, is out to make friends in the global community by strategically supplying aid, fostering development and extending trade opportunities to achieve its national goals and further its interests. โThere isnโt a superpower in history that hasnโt done that,โ the ambassador said. โWhy wouldnโt China?โ
Kamau explained that membership on the United Nations Security Council is considered a significant indication of a countryโs position in the global political economy. There are five member nations on the Security Council: the United Kingdom, France, Russia, the United States and China.
โFrance and the U.K. were just overtaken by Brazil in terms of purchasing power โ why [isnโt Brazil] on the Security Council?โ he asked. โIndia has over 800 million people, for the second largest population after China, and a booming economy; why not them? We are stuck in 1945.โ
The ambassador suggested that Chinaโs excursion into Africa represents how established economic and political global relationships are shifting.
โThe question is, are you going to be on top of it in ways where you can drive that change fundamentally,โ he said.
Event co-sponsors included the Cornell Law School Berger International Studies program and the Graduate and Professional Student Assembly.