Does China's oil-for-infrastructure lending model in Africa need a rethink?
Chinese resource-backed loans were a lifeline for African economies but fluctuating commodity prices exposed a hidden danger.
Source: scmp.com
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Top News In Sinohydro Corp Today - Breaking & Trending Today
Congo's $7 bln infrastructure deal with China will depend on copper prices
Around $7 billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of the...
Source: marketscreener.com
Roads, Copper, and Cobalt: DRC and China Strike New Mega Deal
A new mega-deal between Sinohydro Corp and China Railway Group promises $7 billion in infrastructure investment for the Democratic Republic of Congo, a country that has struggled to leverage its vast mineral wealth as a development engine.
Source: geopoliticalmonitor.com
Exclusive-Congo's Gecamines to push for copper, cobalt trading share
Congo's state mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals....
Source: marketscreener.com
Norway's Pension Fund Global Excludes Chinese Firm for Environmental Damage Risk
The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.
Source: ai-cio.com