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
-
Australian miner Resolute plans study for La Debo, its third gold project in Côte d’Ivoire
13:43
-
Rising Rubber Production Positions Côte d’Ivoire as a Key Player in Africa’s Tire Market
13:32
-
Gabon: Mandji Port Zone Feasibility Studies Launched, with Deliverables Expected by December 2026
13:22
-
Dutch Development Bank FMO Grants $100M Loan to Olam Agri for Rice Supply to Africa
13:16
-
Afriland First Bank RDC Faces Mounting Losses and Possible Exit of Its Main Shareholder
11:35
-
Cameroon, UNHCR Explore Shift Toward Economic Integration for Refugees and Internally Displaced
11:01
-
Stakeholders Review Final Steps for CFA130.4 Bln Ebolowa-Akom II-Kribi Road Project
10:52
-
Cameroon Launches Second Agritech Innovation Challenge, Top Startups to Receive Up to CFA40 Million Each
10:41
-
Flocash and Quest launch prepaid Visa card in Zimbabwe
09:39
-
Noah, NALA launch stablecoin network to speed cross-border payments into Africa
09:38
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Resolute Mining plans La Debo gold project scoping study in 2026 Project currently hosts estimated 643,000 ounces of inferred gold Company...
Côte d’Ivoire could become world’s third-largest natural rubber producer Rubber exports quadrupled to 1.7 million tonnes between...
The African Development Bank (AfDB) approved grant financing in November 2025 to fund feasibility and preparatory studies for the Mandji Island port...
The loan supports rice shipments from India, Thailand, and Vietnam to African countries where rice forms a dietary staple. (112 characters) In...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...
March is marked by festivals, conferences, workshops and other events celebrating women. In March 2026, a film program is dedicated to female directors...