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DRC

DRC confuses Taiwan for China as it seeks to repay 30-year-old loan

Félix Tshisekedi.
Félix Tshisekedi. © Reuters
Félix Tshisekedi is currently negotiating the rescheduling of a $57m loan from Taiwan's Exim-Bank which dates back to the Mobutu era. The problem is that until very recently the Congolese government thought it was negotiating with China, the country's biggest donor, rather than Taiwan... [...] (625 words)
Issue dated 11/06/2020 Reading time 3 minutes
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