Part 2/8:
The Nigerian Railway project serves as a poignant example of this evolving trend, particularly as it recently received a substantial $250 million infusion from the China Development Bank. While the total expenditure for the project is projected to approach one billion dollars, the financing details reveal much about the changing dynamics in infrastructure investment. The project had previously faced a halt due to concerns from Chinese banks regarding repayment capabilities, but fresh financing has allowed it to regain momentum.