- APPIATSE TOWNSHIP PROJECT RECONSTRUCTION INAUGURATED IN GHANA
- EMZOR TO CONSTRUCT US$$23M API FACILITY IN NIGERIA
- TANZANIA PRESIDENT ANNOUNCED CONTRIBUTION OF TZS100MILLION FOR ARUSHA CHURCH CONSTRUCTION
- KITGUM-KIDEPO ROAD UPGRADE: UGANDA PARLIAMENT APPROVED SHs450BILLION LOAN
- GPA ANNOUNCED PLANS TO BUILD SECOND LANDER BRIDGE IN THE GAMBIA
WHY CONGO GOVT. DEMAND ADDITIONAL US$17BILLION INFRASTRUCTURAL FUND FROM CHINA
The state auditor in Congo has demanded an additional $17 billion of investments from a 2008 deal with Chinese investors, which is currently under negotiation. The deal in question involves Sinohydro Corp and China Railway Group, who agreed to build roads and hospitals in exchange for a 68% stake in Sicomines, a joint venture with Congo’s state mining company Gecamines. President Felix Tshisekedi’s government has been reviewing the agreement, which was initially made with his…
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