Ethiopia became the first country on the continent to have its Chinese debts restructured even as it became apparent that several other countries were waiting for loan concessions to avert distress.

For more information, please see http://www.theeastafrican.co.ke/business/Ethiopia-bags-China-debt-deal/2560-4750468-mrt46v/index.html?utm_source=newzmate&utm_medium=email&utm_campaign=2318&tqid=l.KzcicpEh8B292pXohbQuha0plKCVgWdvCuH0hERw%24%24