Saturday, November 26, 2022
HomeNewsAfricaUganda is paying back a $1.4bn Chinese loan for an incomplete hydropower...

Uganda is paying back a $1.4bn Chinese loan for an incomplete hydropower dam

Uganda has started paying back a $1.44bn loan to China. However, the flagship 600MW Karuma hydropower project that the government paid for is not finished, an official tells The Africa Report. Researchers say Uganda is responsible for the mess it finds itself enmeshed in.

Source

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments