China funding Huawei mobile tower build in the Solomon Islands

This week, the Solomon Islands’s government has announced that it has a secured considerable loan from the Exim Bank of China, with the funds being used to deploy 161 new mobile towers across the country.

The loan of roughly $94 million will be repaid over 20 years, with an annual interest rate of 1%.
The government said that the towers will be gradually deployed over the next three years, aiming to have half of the total deployed before the Pacific Games take place in the nation&rsquo…

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