Entebbe Airport 'exposure' was Museveni SGR turning point
Nairobi, Jan. 15 -- Uganda's engagement with China has often seen officials from Kampala troop to Beijing for loans, resulting in a rising debt situation with the Asian giant over the last decade.
Ugandan projects whose funding has been negotiated with the Exim Bank include $2.2 billion for the SGR, $1.44 billion for the 600MW Karuma hydroelectric dam, $482 million for 183MW Isimba power dam, $350 million for the 51km Kampala-Entebbe Expressway and $200 million for Entebbe International Airport expansion.
Of these, only the SGR loan has not been disbursed, making Uganda one of the African "friends" hooked on Beijing's loans after a borrowing binge.
Kenya has also been flagged after piling debt beyond its cap.
In 2021, China's ambassad...
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