Is Uganda selling its soul to China, while fighting corruption and militants?
Yoweri Museveni says it is working on a number of deals with China, but isn’t using state entities as collateral
05 December 2021 - 18:35
Chinese private investment in Uganda is growing, while Westerners are losing their appetite to put money to work in the country, President Yoweri Museveni said in a new interview, pledging to step up efforts to tackle corruption that have made slow progress.
Museveni, in power since 1986 and one of Africa’s longest-serving leaders, said Uganda was working to sign a number of deals with Chinese private-sector lenders in sectors such as agro- and fertiliser-processing, minerals processing and textiles...
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