Tag: concessional loans
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China and Rwanda Sign Loan Deal for New Hydroelectric Power Plant
The China Exim Bank will provide a $214 million concessional loan to Rwanda to build the 43.5mw Nyabarongo II power plant in the southern Muhanga District, according to a report in industry news site Energy Voice. The deal also includes a substation and a 110 Kv ...
Kenya Looks Beyond China for New Sources of Development Finance
Since the new year, Kenya has taken some rather bold steps to reduce its borrowing costs and ensure that new loans are "fairly priced." The Treasury is seeking to refinance large portions of its current debt that's priced at commercial rates into more affordable concessionary loans. Separately, ...
Media Watch: Three Reasons Why to be Wary of CNBC’s Coverage of the Burgeoning China-Zambia Debt Crisis
Zambia is struggling to repay its debts and, according to new research from the business intelligence firm EXX Africa, and Chinese corporate creditors are indicating they aren't willing to just write off the losses. Breakdowns in Zambia's energy supply is rippling ...
How the Chinese-Financed Standard Gauge Railways in East Africa Marks a New Era of Government-led Infrastructure Development
The founding Dean of Strathmore Law School in Nairobi and a visiting scholar at Oxford University, Luis Franceschi, wrote a pair of compelling columns last month in the Daily Nation newspaper that serve as a kind of master class on the enormous legal and economic implications associated ...
BBC Africa Correspondent Dickens Olewe Wasn’t Shy Asking China’s Ambassador to Kenya About Debt Traps and Asset Seizures
Chinese ambassadors are notoriously media-shy, particularly with U.S. and European news organizations like the BBC who Beijing often regards as adversarial. And when these officials do grant interviews, they're often very stilted, constrained by ground-rules and limited to pre-approved questions. But ...



