China, US to Invest in $25B Atlantic Africa Pipeline Project

Foreign media reported that China and the United States plan to participate in the investment of the Atlantic Africa Pipeline Project, which has a total value of US$25 billion. Originally known as the Nigeria-Morocco Gas Pipeline Project, the project reached a significant turning point in 2025, attracting increasing attention from the international community.

During the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) held in Washington, Nigerian Finance Minister Olawale Edun stated, "Given China's vast natural gas reserves, the US side is focusing on investments in Nigeria's natural gas sector, particularly in the Nigeria-Morocco pipeline."

Jingye Group, a Chinese industrial giant, has announced its participation in the project through its UK subsidiary, Jingye UK Steel, and will supply steel for the pipeline construction.