Association For Strategic Culture and Research Foundation

Africa is of natural interest to the leading political forces operating on the world stage. It has a huge territory, more than a billion people and natural resources, which, according to various estimates, make up 30-40% of all mineral reserves of the planet. At the same time, the level of development of the continent itself, at least in the last five hundred years, is significantly lower than the level of development of the surrounding European and Asian countries.

IGAD's Chinese-backed infrastructure projects will eventually create a regional version of Beijing's vision for a Community of Common Destiny, one of the central philosophical tenets behind BRI.

In the aftermath of this development, Ugandan authorities have been consistently insisting on three issues: The grace period is yet to expire and that the Ugandan government is confident of not defaulting on any obligations on repayment; that the terms of the loans are semi-concessional in nature and in line with Uganda’s infrastructure financing programme; and in the interest of transparency, the government has made the loan agreement available to the members of the Parliament.

The article in the Daily Monitor, which was written by Yasiin Mugerwa, said that the Chinese authorities were going to take control of the airport because of the failure of Uganda to pay off the loan. A few days after the Daily Monitor article, U.S. media company Bloomberg also ran a similar article on November 28 without providing any further details on this news development, as did other U.S. and international outlets. The story by the Daily Monitor, meanwhile, went viral on Twitter, WhatsApp, and beyond.