Nigeria looks to Europe for funding as Chinese lenders move away from costly projects in Africa
submitted over 4 years ago by anane
submitted over 4 years ago by anane
- Nigeria is seeking funding from Europe for infrastructure projects like railways because Chinese loans are no longer available.
- The country is turning to Standard Chartered Bank for funding for rail projects, with plans for the bank to provide money for projects like the Port Harcourt-to-Maiduguri railway.
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