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To: AdmSmith
Niger's junta told a top U.S. diplomat that they would kill deposed President Mohamed Bazoum if neighboring countries attempted any military intervention to restore his rule, two Western officials told The Associated Press.

https://apnews.com/article/niger-coup-jihadis-west-africa-9032a0e1161551ffcfde4b785f6cf74a

But a threat like this is only effective before it is implemented.

80 posted on 08/11/2023 12:17:09 AM PDT by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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To: AdmSmith
China is the second-biggest investor in Niger after France. But in a sign that China is increasingly concerned by the political chaos there, Beijing on Monday advised its citizens to leave Niger. On Thursday, Reuters reported that China Gezhouaba Group Co. suspended the $808 million construction of the Kandadji hydroelectric dam after funding dried up following sanctions imposed on the junta.

Development aid from both the European Union and the U.S., constituting 40% of Niger's budget, had been halted after the coup.

β€œThe impact of sanctions on Niger, particularly those similar to the ones placed on Mali, could potentially disrupt the pipeline project and affect Chinese investments,” said Kai Xue, a Beijing-based investment lawyer with a focus on Africa, referring to the PetroChina project.

The $4 billion pipeline project β€” that will link Niger's Agadem oil field to Benin's Cotonou port β€” was touted by Niger's government then as being the biggest investment in the country since it gained independence from France in 1960.

PetroChina has had a presence in Niger since 2011 when it formed a joint venture with the government to produce oil from the Agadem site. The current project was agreed in 2019 and if completed, it will be the longest cross-border crude oil pipeline in Africa. Contracted by China National Petroleum Corp., the pipeline is now over 75% complete and set to begin commercial oil transportation in late 2023. Niger's government then had said that the oil pipeline could generate up to a quarter of the country's gross domestic product and half its tax revenue eventually, up from 4% and 19%, respectively.

China's Sinopec had also signed an agreement with Niger's government in May for further cooperation in oil and gas projects. But China's interests in Niger extend beyond oil, encompassing solar power plants, agriculture development, infrastructure and construction.

https://asia.nikkei.com/Politics/Niger-tensions-threaten-Chinese-projects-as-dam-building-stops

Let's see if money talks

81 posted on 08/11/2023 12:32:04 AM PDT by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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