Country: Uganda
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Uganda’s Parliament Ends Probe Into Entebbe Airport Contract With China Exim Bank
The parliamentary investigation into the Ugandan government's $200 million loan contract with the China Exim Bank to expand the Entebbe International Airport is now closed. Opposition MP Joel Ssenyonyi (photo) who led the inquiry said it's too late ...
Public Editor of Uganda’s Daily Monitor Newspaper Acknowledges Errors in Entebbe Airport Coverage
Uganda’s Daily Monitor newspaper has for the first time acknowledged some wrongdoing in a November report that sowed panic about China seizing Entebbe International Airport. Odoobo C. Bichachi, the Nation Media Group’s Uganda Public Editor, admitted in an op-ed on Friday that the article was misleading. ...
China Exim Bank’s Controversial Loan to Expand Uganda’s Entebbe Airport
New research from AidData at the College of William & Mary in the United States provides the first insight into the loan contract between China Exim Bank and the Ugandan government for the expansion of the Entebbe International Airport. ...
Is China’s Lending Particularly “Aggressive”?
Amid the ongoing crisis in Ukraine and the bleakest prognosis on climate change yet, you may have missed the ongoing saga of Uganda’s Entebbe Airport. A quick recap: Uganda loaned $325 million from China Exim Bank to upgrade the airport. ...
Uganda’s Entebbe Contract is Aggressive, But Is It Unique?
Media coverage of the Uganda Entebbe Airport loan is focusing on what the research lead Bradley Parks has called China Exim Bank's "aggressive" loan tactics. Parks' unit at AidData showed that the Entebbe airport won't be seized in the case of ...
Museveni’s “OK Boomer” View of World Politics
Uganda President Yoweri Museveni's office published a quote from the septuagenarian leader that revealed an outdated view of world affairs where major global powers have what he terms "centers of gravity." While it's not entirely clear what he meant by "USA for ...
Entebbe Airport Clarification Draws Lackluster Media Response
Last December, the Daily Monitor in Uganda unleashed a firestorm with an article claiming that the Entebbe International Airport was in danger of being seized as collateral for an unpaid Chinese loan. The story was poorly-sourced and ill-informed (for example, the loan in question wasn’t out of its ...
New Research Concludes Uganda’s Entebbe Airport Was Never at Risk of Being Seized by Chinese Creditors
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. ...
China’s Ambassador to Uganda Spends an Afternoon in the Garden With the President
President Yoweri Museveni welcomed China's ambassador to Uganda, Zhang Lizhong, for a meeting in the garden at the State House in Entebbe. The occasion was ostensibly to mark the 60th anniversary of diplomatic ties between the two countries ...
Minister and MPs Clash Over Chinese Contract to Upgrade Uganda’s Entebbe Airport
Ugandan opposition MPs renewed their criticism of the government's handling of a $200 million loan deal with the China Exim Bank to upgrade the Entebbe International Airport near Kampala. Works and Transport Minister Edward Katumba along with officials from ...
Uganda Should Borrow Less, Says President
President Yoweri Museveni wants to stop borrowing and would rather finance his government through increased trade and domestic economic activity, according to comments he made this week in an interview with Reuters. "Uganda can do much better without borrowing in my ...
Uganda Hosts Trade and Investment Forum in Beijing
The Ugandan embassy in Beijing and the Chinese Ministry of Foreign Affairs convened a hybrid on and offline conference on Friday to discuss how to boost Chinese trade and investment in the East African country. High on the agenda were the ...