CHINA-UGANDA LOAN DEAL FOR ENTEBBE AIRPORT IS IRREVOCABLE : MPS

Spread the loveIn Summary Last Monday, US-based research group AidData released a report decrying China’s Exim Bank for imposing stringent and unfair terms on the $200 million loan to expand Uganda’s Entebbe International Airport. The most disturbing condition for aviation heads was a clause that obliged the government to open an escrow account in Stanbic … Continue reading CHINA-UGANDA LOAN DEAL FOR ENTEBBE AIRPORT IS IRREVOCABLE : MPS