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Chinese Firm Signs $12bn Deal To Build Nigerian Railway

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AFRICANGLOBE - A state-owned Chinese company has signed a $12bn agreement to build a railway along Nigeria’s coast that it billed as China’s single largest overseas contract, state media said on Thursday. China Railway Construction Corp (CRCC) signed the official construction contract with the Nigerian government on Wednesday in Abuja, the Xinhua news agency said.

Kenya Plans Secret Geothermal Deal With Chinese Firm

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A Chinese contractor, the Great Wall Drilling Company, has secretly signed a memorandum of understanding with the Kenya government to drill 80 geothermal wells, with funding expected to come from the Chinese Exim Bank.
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