Follow CAP on Social Media

Listen to the CAP Podcast

Liberian Senate Approves Controversial Resources-For-Infrastructure Deal With Chinese Mining Company

by Eric Olander
File image of the Liberian Senate. Image via The Liberian Senate Facebook.

The Liberian Senate voted on Friday to approve a controversial $2.5 billion iron ore for infrastructure deal with the Chinese mining giant BAO Chico. The origins of the deal date back to the 2018 FOCAC summit when President George Weah negotiated the arrangement in Beijing with officials from BAO Chico and construction major China Road and Bridge Corporation.

But civil society stakeholders, including the Editorial Board of the Liberian Observer newspaper, are wholly unhappy with the 25-year deal whose terms and conditions have not been publicly disclosed. (FRONTPAGE AFRICA)

This marketing content will be shown in place of your protected content to anyone who is not allowed to read the post…

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More

You Might Like

NGO Report: DRC is the “Loser” in the Sicomines Mega-Mining Deal With China

The DR Congo will be saddled with debt and poor quality infrastructure as a result of the faulty 2008 deal between the state-run mining company Gecamines and a consortium of Chinese investors, 

China’s Most Aggressive Foreign Ministry Spokesman Delicately Brushes Back Criticisms of Chinese Mining Companies in the DRC

The DR Congo government’s move to review some of the multi-billion Chinese mining contracts surfaced as a topic on Monday at the Foreign Ministry’s regular press briefing in Beijing where the often 

NGO Describes 2008 China-DR Congo Sicomines Deal Described as “Unconscionable”

It sounds like the soon-to-be-released report by the Congolese branch of the Extractive Industries Transparency Initiative (EITI) is going to be unsparing in its criticism of the 2008 Sino-Congolese deal that created the Sicomines joint ...

What is The China-Africa Project?

Independent

The CAP is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Africa stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalist and a variety of stakeholders in the China-Africa discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

Subscribe