Tag Archives: Reprieve

Reprieve for Rwanda as China cancels $7.1 million debt

China has offered Rwanda a $7.1 million debt relief or 50 million RMB Yuan on a loan used to build the 6.36-kilometre Masaka-Kabuga road under the Kigali urban road upgrading project. According to a statement issued by Rwanda, the move is part of the Chinese government’s decision to cancel the …

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