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New Railway in Nigeria to Push Up the Country’s Debts to China

Although Chinese loans account for just 11.28% of Nigeria's external debt stock, a senior advisor to President Buhari warned this weekend that figure is likely to go up if/when the China Exim Bank approves the $5.3 billion loan to build the Ibadan-Kano portion of a ...
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The China-Global South Project

Related Posts

Test Run for New Chinese-built Railway in Nigeria Sparks a Lot of Excitement

Nigerians got their first look yesterday at the brand new Lagos to Ibadan standard gauge railway, as it conducted its first live test run. This new standard gauge railway is one of eleven transportation projects that Chinese lenders are financing in ...
China E-Mobility Weekly Digest: Industry Shift With Kenya’s First Electric School Bus and Tanzania’s New EV Factory
The electric bus that the School of Nations in Kenya acquired from BasiGo. The refurbished bus is an indicator of the potential of the second-hand vehicle market for EVs. Photo / BasiGo
This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. Different forms of electric vehicle (EV) technology innovations are occurring in different African countries. As newer technology arrives, there is a small shift in ...

New Railway in Nigeria to Push Up the Country’s Debts to China

Although Chinese loans account for just 11.28% of Nigeria's external debt stock, a senior advisor to President Buhari warned this weekend that figure is likely to go up if/when the China Exim Bank approves the $5.3 billion loan to build the Ibadan-Kano portion of a ...

Test Run for New Chinese-built Railway in Nigeria Sparks a Lot of Excitement

Nigerians got their first look yesterday at the brand new Lagos to Ibadan standard gauge railway, as it conducted its first live test run. This new standard gauge railway is one of eleven transportation projects that Chinese lenders are financing in ...
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