Kenya could lose the ports of Mombasa to the Chinese government if Kenya Railways Corporation (KRC) defaults in the payment of Sh227 billion owed to Exim Bank of China.
The government borrowed the billions to construct the Mombasa-Nairobi standard …
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Last week, Nigeria’s Minister of Communication, Adebayo Shittu announced that two prominent Chinese companies with very deep pockets, Exim Bank of China and China Great Wall have agreed to buy two communication satellites for Nigeria in a deal worth $550 million. The new deal will ensure …...
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