The South China Morning Post published on 17 April 2024 an article titled "Chinese State Firm Agrees to US$400m Loan for Niger Junta in Return for Oil" by Jevans Nyabiage.
Niger's military government signed a $400 million deal with the China National Petroleum Corporation, which will be repaid in crude oil shipments within 12 months at an interest rate of 7 percent. This deal comes as Niger turns away from France and the United States and towards China and Russia.
