Finance

ECOWAS and Chinese CGCOC sign agreements to implement infrastructure and transport projects

Tuesday, 26 January 2016 13:58

ECOWAS announced on January 22 it has signed with the Chinese CGC Overseas Construction Group (CGCOC Group) various memorandum of understanding related to five important transport and infrastructure projects.

These five MoUs include the trans-west African railway, trans-west African coastal highway, telecommunication infrastructures in the region, west-African regional aviation, and construction of ECOWAS’ new headquarters and annexes in Nigeria.

No detail has been given regarding the sums to be invested, work duration or superficies covered by the projects.

The signing ceremony for these agreements was held on January 20, in Abuja, Nigeria’s administrative capital, at the headquarters of CGCOC’s new Nigerian subsidiary.

On the same topic
IFC grants a $30 million senior loan to boost SME lending in Mauritania. At least 25% of the funds will support women-owned or women-led...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $13.3 billion targeted for restructuring is now...
Moody’s assigns Ba3 rating with stable outlook to BDEAC Rating reflects bank’s regional role, reforms, and strong shareholder backing Move...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX:...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
03

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.