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See What Happens When You Start to Talk Openly and Honestly About Chinese Debt?

by Eric Olander

Last week the Nigerian Debt Management Office (DMO) published a refreshingly simple and transparent summary of the country’s borrowing from China that included detailed information on how much the country owes, the terms and what the money’s being used for. This is not something we’ve seen very often, if at all, in Africa.

The Nigerian media has picked up the story and produced generally favorable news coverage including this accessible infographic published today on The Cable. It outlines the 11 different infrastructure projects that have been financed through Chinese loans.

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