Saturday, September 15, 2018

China Restructures African Debt

The East African published on 8 September 2018 an article titled "Ethiopia Bags China Debt Deal, Others Wait" by Allan Olingo.

Ethiopia seems to be the first country in the current cycle to reschedule its debt with China while Djibouti may be next in line. China has also said it will cancel interest-free loans to certain African countries.