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Exim Bank China
December 21, 2020
|
Africa
Nigeria begins trials on Lagos - Ibadan line
NIGERIAN Railways (NR) has begun trial operation on the 156km $US 1.5bn Lagos - Ibadan railway, ahead of launching full services in January.
May 6, 2020
|
Financial
Loan agreed for $US 1.78bn Budapest - Belgrade upgrade
THE Hungarian government signed a loan agreement with the Chinese Exim Bank on May 4 to finance 85% of the Forints 578bn ($US 1.78bn) cost of upgrading the Budapest - Belgrade main line, with the remaining 15% to be financed by the Hungarian government.
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