Follow CGSP on Social Media

Listen to the CGSP Podcast

New Research Concludes Uganda’s Entebbe Airport Was Never at Risk of Being Seized by Chinese Creditors

Cover page of the China Exim Bank loan contract for the Entebbe International Airport expansion project.

Uganda’s Entebbe International Airport was never at risk of being seized by Chinese creditors in the event of a default on the $200 million loan, according to new research by Brad Parks and Ammar Malik at AidData in the United States.

Parks and Malik reached that conclusion after reviewing a copy of the full, unredacted version of the contract with the China Exim Bank that until now had been secret. “Our analysis of the terms and conditions in the contract does not support the allegation that China engages in predatory lending,” they said. “We instead find that Beijing is a shrewd negotiator who is willing to impose intrusive conditions upon sovereign borrowers to protect its balance sheet.”

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.