Tag: loan
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Understanding China’s Role in the Developing World Debt Crisis (Part 2)
The widely debunked Chinese debt trap narrative re-surfaced again in Washington, D.C. when the top U.S. military commander for Africa General Michael Langley testified before Congress -- highlighting the urgent need for better information about Chinese lending practices in developing countries. ...
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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 ...
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 ...
Citing National Security, Kenya (Again) Refuses to Release SGR Contracts With China
Kenya's transportation minister Joseph Njoroge reaffirmed the government's longstanding refusal to make public the $3.9 billion contract with the state-owned China Road and Bridge Corporation (CRBC) to build the Standard Gauge Railway. Njoroge's cited a host of reasons for rejecting the ...
Chile's outgoing President Gabriel Boric greets president-elect Jose Antonio Kast during an army-change-of-command ceremony, where the Commander in Chief of the Army, General Javier Iturriaga hands over the command to General Pedro Varela, in Santiago, Chile, March 9, 2026. REUTERS/Pablo Sanhueza
A political transition is underway in Chile this week. President-elect José Kast will be sworn in on Wednesday, and Chile’s long-standing commercial relationship with China will be put to the test. Just days before the inauguration, a dispute about a Chinese submarine cable project ...
Understanding China’s Role in the Developing World Debt Crisis (Part 2)
The widely debunked Chinese debt trap narrative re-surfaced again in Washington, D.C. when the top U.S. military commander for Africa General Michael Langley testified before Congress -- highlighting the urgent need for better information about Chinese lending practices in developing countries. ...
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 ...
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 ...
Citing National Security, Kenya (Again) Refuses to Release SGR Contracts With China
Kenya's transportation minister Joseph Njoroge reaffirmed the government's longstanding refusal to make public the $3.9 billion contract with the state-owned China Road and Bridge Corporation (CRBC) to build the Standard Gauge Railway. Njoroge's cited a host of reasons for rejecting the ...
Kenya’s Treasury Chief Refutes Media Reports that the Port of Mombasa is at Risk of Forfeiture to China
Kenya's Treasury Cabinet Secretary Ukur Yattani denied, again, on Monday that the Port of Mombasa could be handed over to China in the event that Kenya Railways is unable to repay its SGR debt. Yattani responded to a front-page story in The Star ...
Without the Chinese, Uganda is Going to Find Out if Anyone Else Wants to Loan Them Money to Refurbish a Railway
After failing to secure a $2.2 billion loan from the Chinese to build a new Standard Gauge Railway (SGR) to replace the country's decrepit century-old colonial-era railway, Uganda is now looking to secure funding for a much more modest refurbishment of its 1,266km system. ...
Kenya Exports to China Surge in First Half of the Year, But Serious Trade Imbalance Persists
At first glance, the January-June trade figures between China and Kenya look promising. Kenyan exports increased by 74% during this period while imports fell by 16%. Officials on both sides are no doubt pleased the numbers are finally going in the right direction to help narrow the ...