Nigeria secures $254mn Chinese bank loan for Kano-Kaduna railway project

The Nigerian government has secured the approval of $254.76 million loan from China Development Bank (CDB) to fund the construction of 203 kilometers Kano-Kaduna railway project. Announcing the approval of the loan in a statement recently, the bank noted that the project, once completed, will provide direct rail connectivity between Kano and the country’s capital […] More

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NIO’s upcoming electric vehicle to challenge Mini, Smart: CEO

William Li, NIO’s founder, chairman, and chief executive briefed audience about the company’s plan in EV recharging network at its Power Up event in Wuhan, capital city of the central Chinese province of Hubei on Tuesday, August 20, 2024. Credit: NIO NIO’s first small electric vehicle model will be smaller than Mercedes-Benz’s Smart-branded cars and […] More

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