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
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Africa holds 3% of global solar PV jobs but posts fastest 23% growth Utility-scale and off-grid solar drive new roles in installation, sales and...
Cameroon leads global sawn Sapelli and Iroko exports, earning CFA122.2 billion in 2024 Cocoa and rubber exports surge, reinforcing raw-material...
DRC nears deal for Equity BCDC to fund 1,000 Transco buses via digital ticketing Revenue from each ticket will secure loan repayment through a...
Cameroon raises Sonara refinery rehab estimate to 300 billion CFA after new study Lenders, including BEAC’s Window B facility, signal interest in...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...