China’s oil and uranium business in Niger

News Snapshot:

BEIJING, July 31 (Reuters) - China, Niger's second-largest foreign investor after former colonial power France, has in the past two decades ploughed billions of dollars into the landlocked West African nation, mainly for the exploration of oil and uranium. Since last week's coup, in which military leaders detained Niger's President Mohamed Bazoum and established a military government, China says it is closely monitoring the situation, and urges parties in Niger to safeguard stability. China's total foreign direct investment (FDI) into Niger stood at $2.68 billion as at the end of 2020, according to the U.S. Embassy in Niger. Following are...