China and Rwanda Sign $60million Grant, Agree 6million $6 million Debt Cancellation.

By Lavie Mutanganshuro, Kigali. The Government of Rwanda and the People’s Republic of China on February 19 signed an economic and technical cooperation agreement for a grant worth RMB Yuan 400 million (approximately U$ 60 million). At the same ceremony, Read More …

Seven Years of China’s Belt and Road Initiative: How are Developing Countries Benefiting?

By Ssemanda Allawi. In 2013 – seven years ago, Chinese president Xi Jinping gave a set of speeches where he announced the proposal of the now famous Belt Road Initiative (BRI). Xi delivered the first speech about BRI during his Read More …

Covid-19 Challenges: Will China’s Debt Relief to Africa Work?

By Allawi Ssemanda As a result of restless calls for debt relief for African countries due to the inevitable economic meltdown brought about by Covid-19, China’s Debt relief plan for Africa is steadily emerging. It is believed that China is Read More …