Wednesday, September 22, 2010

Ghana says signs $13 bln in Chinese loan deals

Ghana signed nearly $13 billion worth of loan deals with Chinese investors to fund energy, agriculture and transport development in the West African state, the government said on Wednesday.

The deals would together be one of China's largest financial commitments to Africa, but drew scepticism from analysts who said loans of that size could risk violating Ghana's commitments to the International Monetary Fund. read more...

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