Wednesday, August 3, 2022

Western Companies Score Rare Victory over China in Major Angolan Infrastructure Tender

 The International Railway Journal published on 1 August 2022 an article titled "Is the African Infrastructure Investment Landscape Changing?" by Kevin Smith.  

Portuguese and Belgian companies recently won a concession for a major infrastructure project in Angola.  This was an important defeat for competing Chinese companies.  As Western governments provide more financial support for African infrastructure projects, the continent may be witnessing a shift toward greater competition in this sector, which can only benefit Africa.