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Soubré
project cost: €500 million with 85% financed by EXIMBANK, 15% funding by the
Ivorian State. China is leading the charge in foreign investment in African
infrastructure. Côte d'Ivoire's Soubre dam is designed to boost the country's
power capacity by nearly 14%.
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Hard cash but also the
intangible ties of history have kept Europe in pole position as Africa's main
partner, even if an influx of Chinese investment is prompting many African
countries to look eastward.
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On
Africa's long list of infrastructure needs, roads have a high priority. In most
countries, highways are poorly surfaced, choked with traffic and dangerous
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