Tag: tolls
Related Posts
Week in Review: Vaccines, Military and Coal
Algeria will become the second African country after Egypt to begin local production of Chinese COVID-19 vaccines. A new "fill-and-finish" facility in the eastern city of Constantine will begin producing Sinovac jabs on Wednesday. The government says initial output will range between 1-3 million doses per month through ...
African Countries Increasingly Turn to Toll Fees to Repay Loans for New Expressways
Both Chinese and African stakeholders are embracing new infrastructure financing models for road construction that both avoids adding to already high debt levels in some countries while reducing risk for Chinese creditors. The Public-Private-Partnership (PPP) model, long a favorite of U.S., European and Japanese governments, now appears ...
Three East African Countries to Introduce New Tolls to Pay Back China for Road Building Loans
Kenya, Tanzania, and Uganda have all announced plans to begin charging toll roads on certain expressways built with Chinese financing. The proposed fees, according to UK-based infrastructure industry publication ITS, is apparently intended to generate the necessary funds to repay Chinese lenders.