Tanzania New President Cancels China’s $10bn Loan
LAGOS APRIL 28TH (NEWSRANGERS)-Tanzania President John Magufuli has decided to cancel the loan worth $10 billion offered by China. Magufuli said that “only a drunkard will accept the terms” of agreement in this loan. The loan in question was signed by Magufuli’s predecessor Jakaya Kikwete to construct a port at Mbegani creek in Bagamoyo. According…