Tag Archives: Chinese government

Nigeria and China on Wednesday signed a $328m agreement for the Information and Communication Technology Infrastructure Backbone Phase II (NICTIB II) project. The concessional loan agreement between Galaxy Backbone Limited and Huawei Technologies Limited (HUAWEI) was signed by Nigeria’s Minister of Finance Kemi Adesoun and Wang Xiaotoa, Director-General, International Development Agency, in the presence of President Muhammadu Buhari and President ...

Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) resulted in the execution of vital infrastructure across the country valued at over $5 billion in the last three years. President Muhammadu Buhari said on Tuesday in Beijing at the FOCAC Round Table meeting, attended by African leaders and Chinese President Xi Jinping. Highlighting specific projects under FOCAC, the ...

The Presidency says Nigeria will sign more agreements with China in the next couple of days as the 7th Forum on China-Africa Cooperation (FOCAC) is underway in Beijing. The Special Adviser to President Muhammadu Buhari, Mr. Garba Shehu, said this on Monday during an interview with Channels Television’s Politics Today, in reaction to the pledge of the Chinese government to ...

The Chinese government is buying hundreds of millions of dollars worth of Australian real estate a year, snapping up prime properties in Sydney’s CBD, North Sydney and inner suburbs. Private investors dominate China’s love affair with Australian property but state-owned enterprises from the People’s Republic bought an estimated $260 million worth of commercial real estate in 2014. The major acquisitions ...