The African Infrastructure Scam
How Western finance uses the promise of critical infrastructure to loot Africa.
In May 2018, Nigeria’s first entirely private sector power plant, the Azura-Edo, began making energy. The natural gas plant was projected to produce more than a third of the country’s power-generating capacity. A year later, Azura invested in another gas power plant, this one in Senegal, with support from the private equity firm Actis and […]