Chinese loans: The devil in the details, By Bamidele Ademola-Olateju
Nigeria has a lot to learn from the difficulties currently facing Kenya over the repayment of its Chinese-financed standard gauge railway (SGR). The $3.3 billion SGR cargo train is one of Kenya’s largest infrastructure projects since independence. Long before the pandemic, passenger traffic and cargo volume had fallen below expectations. With the third wave of […]
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