Nigeria’s Federal Executive Council (FEC) approved on October 7 the construction of a deep seaport in Bonny in Rivers State, southern Nigeria.
According to Transport Minister Rotimi Amaechin, the facility will be executed under a public-private partnership (PPP). It is expected to cost $461.9 million.
Once completed, this platform will help boost the economy of this oil and gas island in the Niger Delta, where several multinationals in the sector are active. It is also planned to connect Bonny to the Port Harcourt-Maiduguri railway, whose reconstruction has just been approved by the FEC for a budget of $3.02 billion.
Romuald Ngueyap
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Côte d’Ivoire sets five digital priorities for 2026 transformation plan Focus on connectivity, digital payments, skills, cybersecurity,...
Orange Tunisie launches nationwide satellite internet service with up to 100 Mbps Expansion follows Eutelsat partnership, rollout across several...
Up to 16 Nigerian power plants offline, cutting generation capacity Output drops to 3,700-4,000 MW amid gas shortages, sector...
Ethiopia and Italy sign bilateral debt restructuring agreement Deal follows G20 framework, unlocking over $3.5 billion...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...