Giant Nigerian fishing port project relocated as China scales back lending

A Nigerian fishing port project has pivoted amidst a pullback from China in its global infrastructure investments.

Originally proposed in 2019, the Andoni Fishing Port and Processing Zone was to be built on a 2,500-hectare site in Nigeria’s Rivers State, and would have included a fishing port, processing facilities,, warehousing, and ship-maintenance yards at an estimated cost between USD 1.5 billion and USD 2.5 billion (EUR 1.3 billion and EUR 2.2 billion at the time) ... 

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