China_ The China Development Bank (CDB) has approved a loan of approximately $254.76 million to support the construction of the Kano-Kaduna railway project in Nigeria
The 203-kilometer standard-gauge line aims to establish a direct rail connection between Kano and Abuja, promoting industry growth and generating employment opportunities in Nigeria. The project, designated as a key initiative under the Third Belt and Road Forum for International Cooperation, is being executed by the China Civil Engineering Construction Corporation (CCECC), with the CDB providing financial backing.
By Taiwo olatinwo/ January 8 2025
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