Nigeria approves construction of a deep seaport in Bonny
Friday, 09 October 2020 14:18
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
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Malaysia–Kenya: Four Legal Instruments Established to Support Development
20:02
-
Vodacom Taps Google Cloud to Centralize Critical Data and Scale AI
19:57
-
TUI Group Expands African Tourism Footprint With Seven New Hotels
19:45
-
Kenya Tightens Legal Oversight of Private Power Contracts
19:29
-
develoPPP Ventures Opens Applications for €100,000 Funding Round in Kenya
16:28
-
Nigeria’s Konnadex Gets $20,000 Lisk Grant to Develop Stablecoin Payment Portal
16:24
-
M-KOPA Kenya Tops $1.6 Billion in Credit After Serving 4.8 Million Customers
16:21
-
Japanese chocolatiers show growing interest in Cameroon’s cocoa
12:17
-
Government, African Development Bank Accelerate 21-Billion-Franc Project Targeting Modern Agriculture
12:15
-
Cameroon holds 1.1% share of African exports and ranks 19th in 2024
12:12
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Malaysia and Kenya signed four legal instruments covering aviation, tourism, private-sector cooperation and smart-city development. Both governments...
Vodacom signed a multi-year partnership with Google Cloud to migrate and unify its critical data infrastructure. The operator will use BigQuery and...
TUI Group is opening seven new hotels across North, West and East Africa, raising its continental portfolio to 106 hotels and over 34,000 rooms in nine...
Kenya now requires the Attorney General to validate any amendment to power purchase agreements (PPAs) signed with private producers. Parliament ordered...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...