04 January 2018
Reuters reported that Adebayo Shittu, Nigeria's Communication Minister, will sign an agreement with China Great Wall Industry Corporation by the end of the month for the order of two Chinese communication satellites. The satellites will be financed by CGWIC and China Ex-Im Bank. In return, CGWIC will be granted a share in the governmental company Nigcomsat which is responsible for the management of Nigerian satellite communications. Both parties welcome this innovative deal.
MORE...