India is ramping up her less publicised infrastructure financing and promotion activities in Africa. It is long overdue.
Financing
The Philippine Department of Transportation (DOTr) is reconsidering Chinese loans for three railway projects after Beijing failed to act on funding requests by the Duterte administration, the Philippine News Agency reports. The three schemes affected are the Subic–Clark Railway, the South Long-Haul Project and the Mindanao Railway Project. Cesar Chavez, the DOTr’s undersecretary for railways, said negotiations […]