Uganda will be losing its International Airport, Entebbe International Airport, located in Kampala, the largest and capital city of the country to China over an unpaid $207 million loan.
According to reports, the $207 million loan was taken by Uganda from China in 2015 and since then, the African country has been unable to pay back or honor its part of the agreement.
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Further reports indicate that China has refused to renegotiate the term and conditions of the loan deal and as such, China will be taking over the Entebbe International Airport in Uganda.
Uganda has been given an ultimatum to pay back their debt else, their airport will be taken over by the Asian country. Uganda is said to lose other assets belonging to its State as well.
Uganda’s only international airport, Entebbe International Airport, serves about 1.9 million travelers annually. Its acquisition by China would severely tarnish the 77-year-old Museveni’s legacy, exposing him to election defeat. Museveni rose to power in 1986 following an armed revolt.
In other news, controversial social media icon and self-acclaimed comedienne, Valentina Nana Agyeiwaa, well known as Afia Schwarzenegger has revealed that she has a crush on the Ashanti Kingdom Overlord, Otumfour Osei Tutu II.
Speaking in an interview with Gilbert Abeiku Aggrey Santana on the new season of the Atuu show that is yet to be premiered, Afia Schwarzenegger who has jokingly dubbed herself as the wife of the President stated that she has declined her statement on the account that she wouldn’t inherit anything from his properties.
She went further to say she has a serious crush on the Ashanti King, Otumfuor Osei Tutu II, and probably, one day she wishes to have a baby for him.