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Is Turkey putting pressure on China in Africa’s infrastructure market?

Africa 1 source 1 country 🔦 Under-reported 12m ago

Two years after Kenya’s deal with India’s Adani Group to modernise Jomo Kenyatta International Airport collapsed, the state-owned China Road and Bridge Corporation (CRBC) has won a US$1.2 billion contract to do just that. The same pattern played out when France’s Vinci lost a major highway deal in Kenya and CRBC took over as developer alongside another Chinese firm. Under the original 30-year concession, the national government would bear all the risk in the deal, raising public cost...

Summary from source
Read the full story at the source South China Morning Post · HK
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