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Ghana has signed $10 billion with china to develop bauxite industry

Views: 70 times Updated :2024-10-14

Ghana has signed a $10 billion memorandum of understanding (MOU) with China to develop the local bauxite industry, the country’s Senior Minister Yaw Osafo-Maafo said on Wednesday.

The funds from Beijing would contribute toward building 1,400 km of a planned 4,000 km railway network, which would connect bauxite mines and production sites.

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