Last month, at the inauguration Lekki Deep Sea Port, China’s ambassador to Nigeria Cui Jianchun praised the financing model used to build it. Photo: AFP
Why Chinese players are taking private stakes in Africa’s new megaprojects
- Ports in Nigeria and Cameroon illustrate how Chinese firms are shifting to ‘integrated investment, construction, and operation’ model
- Chinese financing and investment in big African infrastructure projects under belt and road fell to a historical low last year
Last month, at the inauguration Lekki Deep Sea Port, China’s ambassador to Nigeria Cui Jianchun praised the financing model used to build it. Photo: AFP
