China puts 'aggressive' terms on Uganda airport loan

Entebbe International Airport

Travellers arriving at Entebbe International Airport in Uganda. The country has reported 25 cases of the new Covid-19 Omicron variant from travellers who arrived at the airport on November 29, 2021.

Photo credit: Sumy Sadurni | AFP

What you need to know:

  • Under the loan from China's Exim Bank to modernise the Entebbe Airport, the Ugandan government is required to channel all revenue from the country's only international airport into an account held jointly with the lender, according to the contract published Monday by AidData.