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Lekki Port Points to New Chinese Infrastructure Model in Africa

The recently opened Port of Lekki in Nigeria is now West Africa's largest and most sophisticated port facility that is also partially owned by the China Harbor Engineering Company. PIUS UTOMI EKPEI / AFP

As China struggles with the fallout from infrastructure lending, it’s also trying out new ways of financing projects.

A fascinating new paper by the prominent Africa-China expert Hong Zhang details a shift from a model where Chinese companies facilitate financing but their role is limited to engineering, procurement and construction, to one where they’ll take a stake in running the infrastructure once it’s completed.

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