$207m loan default makes Uganda lose only international airport to China, possibly

Chinese debt trap success if true, but Ugandan and Chinese authorities have denied reports.

The loan, signed in 2015 between the Ugandan govt and China's Exim (export-import) bank, had a 20 year maturity period and 7 year grace period.

Uganda's largest commercial and military airport. Entebbe airport.

All comments are subject to review.

Please note that comments are not moderated immediately — every comment must be reviewed. This means there may be a delay before your comment is visible.

Comment as a visitor

No account. Fill in your name and the skill-testing question.

Multiply first, then add or subtract.

Comments

0

No comments yet.