Latest News

The "Golden Plaza" in Ikoyi, Lagos. Photo: Wikimedia.

The “Golden Plaza” in Ikoyi, Lagos. Photo: Wikimedia.

Sensing market opportunities in Africa, China Exim Bank and manufacturer China Great Wall have agreed to pay $550 million to procure two new satellites for Nigeria. The contract comes after Nigeria renegotiated an earlier deal which required it to front 15 percent of the satellites’ cost — now, the country isn’t paying anything for it.

Read more at Reuters Full story arrow

Get the latest Via Satellite news!

Subscribe Now