AmeraMex International Inc. (AMMX)

[garronsc]

Chinese news is reporting today:

The National Assembly of Niger in Niamey on Wednesday passed a bill on a credit agreement with the Chinese Exim Bank in the amount of one billion U.S. dollars, equivalent to 480 billion FCFA financing various projects in Niger.
The bill was adopted by 67 votes to 18 against, after 3 hours of discussions.
The law allows the Nigerian government funding for various projects in the fields of construction, agriculture, engineering and industry.

I think the fact that the loan was being offered by China was already out there, but its a new development that Niger's Assembly had not yet accepted the loan until yesterday. Hopefully the Ameramex contract is in that mix.

The article is in French, so use the Google Chrome browser and tell it to translate the article for you once its loaded.

http://french.china.org.cn/foreign/txt/2014-05/29/content_32519191.htm