It is said that when you owe the bank one million shillings, you have got a problem, and when you owe the bank 1 billion shillings, the bank…
Africa’s biggest challenge, especially Sub-Saharan region, is poor and aging infrastructure. According to a recent study by McKinsey and Company, unless addressed, infrastructure deficits in key sectors such…
“If you tell a lie big enough and keep on repeating it, people will eventually come to believe it,” Nazi propaganda minister Joseph Goebbels once noted. If you…
By Allawi Ssemanda This week, Ugandans on social media have been discussing China’s infrastructure loan terms particularly default clauses and escrow accounts with some making wrong conclusions of…
China’s lending terms are the best African countries can get. By Allawi Ssemanda On October 28, 2021, members of the Parliamentary Committee on Commissions, Statutory Authorities, and State…
In December 2017 Sri Lankan government agreed to lease their major southern port Hambantota which was built by Chinese, a development that caused discussion with several analysts inventing…
