exim bank of china

  1. Nigeria World News

    World China may take Mombasa port over Sh227bn SGR debt: Ouko – Daily Nation

    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 … Read more via Daily Nation | Home –...
  2. curator

    Business Why China’s $550m satellite gift to Nigeria could be another debt trap – BusinessDay

    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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