Jan 21, 2019 SOURCE: © CTO Data Services Co.
GHANA BORROWS FROM CHINA, PAYS WITH BAUXITE
Ghana’s parliament has approved a countertrade deal with the Chinese state-owned Sinohydro Group to deliver refined bauxite to pay for infrastructure costs. Bauxite deliveries will start in three years and continue for fifteen years.
The deal, known as the Master Project Support Agreement, will see the country supply Sinohydro with an...
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