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Home CHINA AFRICA NEWS

Why Is the Asian Infrastructure Investment Bank Lending Money to Rwanda?

by 198 China News
August 6, 2021
in CHINA AFRICA NEWS
1 min read
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Exterior of the Asian Infrastructure Funding financial institution headquarters in Beijing. Picture CC BY-SA 4.0

It got here as a little bit of a shock to some that the Beijing-based Asian Infrastructure Funding Financial institution (AIIB) accredited its first undertaking in sub-Saharan African nation just a few weeks in the past with a $100 million mortgage to Rwanda as a part of the financial institution’s COVID-19 Disaster Restoration Facility that it arrange final yr.

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Tags: AsianBankInfrastructureInvestmentLendingMoneyRwanda
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