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Chinese Debt Servicing Costs Surge for Angola and Uganda

Debt servicing costs have been steadily rising across Africa, largely due to the falling value of local currencies that are used to repay dollar-denominated loans.

But in Angola and Uganda, interest payments to Chinese creditors have jumped considerably in recent months as some of the loans have exited the grace period:

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


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.


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