Meridiam still optimistic over new Ouagadougou airport
After cooling its heels for the best part of a year, the French investment fund hopes Burkina Faso State will sign its concession contract for the future Ouagadougou-Donsin airport.
The campaign for the upcoming election of a new director general at African air navigation security agency ASECNA, which runs numerous airports but is also a key power hub on the continent, has turned into no-holds-barred trench warfare.
At a time when many African capitals are constructing new airports to ease congestion around urban centres, such projects are giving rise to intense rivalry between new and established powers on the continent, all against a backdrop of growing sub-regional [.
Underpinned by Eximbank, its formidable financial spearhead, China is increasingly making its presence felt in west and central Africa, a region where France already has extensive business interests. Beijing is now expanding beyond the ‘captive' energy and raw material markets [.