536.4M Loan Could Have Serious Consequences for Liberia’ -CePAR

The key findings by the report indicated that the actual interest cost to the government over the duration of the loan is estimated at US$62,651,520 or 12% of the loan. This excludes other charges and default penalties that may accrue. Total repayment is estimated at US$599,051,520.

    The ETON Finance PTE Limited-Government of Liberia Loan Agreement worth US$ 536.4 million and currently before the Legislature for ratification may have serious financial repercussions if the Legislature approved the deal, a 21-page document issued by the Center for Policy Action and Research (CePAR) said in a release yesterday. The analysis was done by CePAR’s Stephen R. Johnson (lead), Francis Kiazolu, Alieu F. Nyei and M. Boakai Jaleiba, Jr. The release said they analyzed both the loan agreement and the company’s capacity to provide the service to the…

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Renewed Tensions Between Uganda and Rwanda Will Ripple Across East Africa

Although the situation doesn’t appear to be heading toward outright conflict in East Africa, this growing animosity could stall attempts to increase cooperation and integration in the region. If it escalates any further, it could also worsen already tense situations in neighboring countries. While war between Rwanda and Uganda is almost unimaginable, proxy battles have sprung from their private disagreements before.

    Despite a steady stream of denials from Kigali and Kampala, ties between Rwanda and Uganda appear to be deteriorating rapidly. The latest ebb in this historically volatile relationship stems from the Ugandan government’s pushback on what it perceives as Rwandan meddling in its domestic affairs. Though Ugandan officials have not gone public with any formal allegations, their dissatisfaction can be read in a recent string of increasingly high-profile incidents. Last year, the Ugandan government mounted a crackdown on suspected Rwandan spies operating in Uganda, including the arrest of…

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