railroads

Nigeria Abandons Chinese Financing for Railroad Project

The Premium Times of Nigeria reported Friday that the Nigerian government has decided not to borrow any more money from China for railroad construction, apparently because the Nigerians are growing nervous about their $3.4 billion in debt to Chinese banks and were reluctant to add another $14.4 billion to complete several large railroad projects.

Workers try to cast a section of the new standard gauge railway line under construction from Iju in Lagos to Abeokuta, Ogun State in southwest Nigeria, on February 7, 2019. - The passenger train service which is designed to boost economic activites and ease movement of passengers by rail from …

Broke Kenya Spent Millions in Tax Dollars to Entertain Chinese Engineers

Kenyans have long complained that the massive Standard Gauge Railroad (SGR) project financed by loans from China’s Belt and Road (BRI) infrastructure project was an expensive indulgence that created few good jobs for local people because Chinese managers and engineers were brought in to handle the work. Documents made public this week from the Chinese contractor that handled the project revealed that the number of workers imported from China was much higher than previously admitted, and the cost of their high salaries and very comfortable accommodations was borne by Kenyan taxpayers.

Special Envoy of the People Republic of China, Wang Yong (C) and Cabinet Secretary for Transport, Infrastructure, Housing, Urband Development and Public Works, James Macharia(R), arrives at the Nairobi Terminus during the commissioning of the Standard Gauge Railway (SGR) Freight Operations to the Naivasha Inland Container Depot in Nairobi, on …