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China puts ‘aggressive’ terms on Entebbe airport loan- researchers

Noelyn Nassuuna by Noelyn Nassuuna
March 1, 2022
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China puts ‘aggressive’ terms on Entebbe airport loan- researchers

An aerial view of Entebbe International Airport. PHOTO/COURTESY

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By AFP

A top Chinese lender has imposed “aggressive” repayment terms on a $200 million loan to expand Uganda’s Entebbe international airport, US-based research lab AidData said Monday, criticising the bank for forcing the government to repay its debt before funding public services.

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Chinese state banks are the biggest source of infrastructure funding to Africa, and have been criticised for their predatory lending practices although details of contracts are rarely made public

Read more: https://www.monitor.co.ug/uganda/news/national/china-puts-aggressive-terms-on-entebbe-airport-loan-researchers-3732882

Noelyn Nassuuna

Noelyn Nassuuna

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Low voter turn up for women council elections attributed to low civil education

Low voter turn up for women council elections attributed to low civil education

May 24, 2022
Former LOP calls for women economic empowerment

Former LOP calls for women economic empowerment

May 24, 2022
Court further remands Onebe over murdering his wife Asio

Court further remands Onebe over murdering his wife Asio

May 24, 2022
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