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Gatundu North residents chase away workers from Sh24b dam project

THE STANDARD KENYA The Sh24 billion project is being funded by the Government of Kenya and the China Exim Bank. [File, Standard] Residents of Gatundu North in Kiambu County chased away construction workers from Sh24 billion Karimenu II Dam project, claiming they were yet to be compensated for land surrendered to the Government. In their hundreds, the irate residents forced excavator operators to dig trenches at key points of entry and exit. The group, thereafter, ordered all construction workers to leave the site. During the Tuesday incident, police officers, who had been called to the scene, watched helplessly as the enraged crowd took control of operations.

$1 6bn Lagos-Ibadan train commissioning awaits Presidential approval – Amaechi

The 157-kilometer Lagos-Ibadan standard gauge train is ready for commissioning, transport minister Rotimi Amaechi has said. He said the Ministry was only awaiting the approval of President Muhammadu Buhari to give a specific date that he would be available for the commissioning. Amaechi who was on an inspection of the project from Apapa to Ibadan on Saturday alongside the Ministry’s officials and the Nigerian Railway Corporation (NRC) however said the President would decide when the project would be commissioned. Daily Trust reports that several timelines given for the commissioning of the project have elapsed owing largely to disruption precipitated by the Covid-19 pandemic.

In the Secretive World of Government-to-Government Lending, 100 Chinese Debt Contracts Offer a Trove of New Information

WASHINGTON DC, Apr 9 2021 (IPS) - Is Chinese financing good for developing countries? This has become a provocative question, freighted with ideology, geopolitics, and commercial rivalries. That doesn’t mean it isn’t worth trying to answer factually and empirically. Yet, taking stock of China’s lending activities has long been hindered by the lack of publicly available data on dimensions like loan volumes and interest rates, let alone more esoteric features like loan collateral or default contingencies. The past year brought new worries about debt vulnerabilities exacerbated by the COVID crisis. This renewed attention in forums like the G20 and G7 has also brought some progress when it comes to publicly available information on basic lending data, with significant new data releases covering China and other major creditors by the World Bank.

Is China edging away from a massive dam on the River Niger?

Is China edging away from a massive dam on the River Niger?
chinadialogue.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadialogue.net Daily Mail and Mail on Sunday newspapers.

VISOKE PENZIJE IPAK NEĆE BITI OPOREZOVANE: Vlada predstavila predlog budžeta, obećali redovne penzije, plate i socijalna davanja

VISOKE PENZIJE IPAK NEĆE BITI OPOREZOVANE: Vlada predstavila predlog budžeta, obećali redovne penzije, plate i socijalna davanja
novosti.rs - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novosti.rs Daily Mail and Mail on Sunday newspapers.

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