Why Asian giants have eyes on resource rich East Africa

Chinese President Xi Jinping and Rwanda’s Paul Kagame in State House, Kigali. PHOTO | XINHUA

Last week's visits of Chinese President Xi Jinping and India’s Prime Minister Narendra Modi to Rwanda and Uganda signalled the Asian giants' growing interest in East Africa.

In Rwanda, President Xi signed 15 bilateral agreements and concessional loans, as he reiterated China’s endeavour to have a “mutual understanding” with Africa on equal terms. Under the agreements, China will fund projects in road construction, hospital renovation and development of the Bugesera International Airport.