The China Development Bank (CDB) has approved a 245 million euro ($254.76 million) loan to support the construction of the Kano-Kaduna railway project in Nigeria. 

Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps   The House of Representatives, on Tuesday, approved the request by the Federal Government to borrow $973,474,971.38 from China Development Bank. This followed the decision by the China-Exim Bank to reject Nigeria’s $22,798,446,773 loan request earlier...

Lekki Seaport Project Gets China Bank's Loan Of $629m   The Lekki Deep Seaport project has received a major boost with the signing of a $629m financing facility with China Development Bank. Four agreements, including the financing facility, were signed on Wednesday with the CDB to accelerate...

China Devt Bank, Afreximbank To Support Africa’s Trade Infrastructure With $500m The China Development Bank (CDB) has signed an agreement with the African Export-Import Bank (Afreximbank) to provide a $500 million facility to the latter. The facility is expected to enable the African trade finance bank...

Infrastructure, FG Seeks Chinese Bank’s Support For Funding   The Minister of Finance, Mrs. Kemi Adeosun, on Monday met with a delegation from the China Development Bank to discuss areas where the lender could be of assistance to the country. The meeting, which was held at the...