Kenyan President Uhuru Kenyatta has rejected China loan totaling to 325 Billion Shillings. In his defense the Kenyan president said it will be difficult to run the country with all the loans they have received from China. Already Kenya is facing huge amount of Loans from Both World Bank and China. Some of the collaterals […]
Tag: CHINA
China business interests in Africa: Sierra Leone rejects 300 million dollar Chinese airport project launched in March
The Sierra Leonean government has cancelled all contracts with a Chinese construction firm that was tasked to build a new $318 million airport facility in March expected to be completed in 2022. Face2face Africa reports that the project, launched by the former president Ernest Bai Koroma, was to complement the planned construction of a new […]
Asia: China to increase its military presence in Africa
For decades, China’s presence in Africa has largely focused on economic, commercial and peacekeeping activities. Now, Beijing is building on that by establishing greater military links to protect its national assets on the continent and gain greater geopolitical influence. The People’s Liberation Army conducts regular joint training exercises across the region and, in certain countries […]