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{UAH} Is Zambia Africa's first casualty in China's takeover after defaulting on loan repayment?

George Okello shared a post.
8 hrs · 

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Zambia's power company's ZESCO is set to be among the first casualties of China's takeover after default on loan repayment.

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Zambia's power company's ZESCO is set to be among the first casualties of China's takeover after default on loan repayment, a report indicates. The report by Africa Confidential, titled Bills, Bonds and even Bigger Debts claims that Zambia is in talks with China over a possible takeover of the...

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