Jimmy Onyemenam, CEO of Bridgeways Global Projects Limited commissioned to build the 15.7 hectares Kantagowa ICT Business Park in Lagos, revealed that the infrastructure would cost roughly NGN43 billion ($119,886,583) and should be completed within 30 months. Last weekend, speaking with representatives of Computer Village, the Ikeja-based ICT accessory market located in Southwest Lagos, Jimmy Onyemenam explained that the technology park would be built along Lagos-Abeokuta expressway and could be the final location of Computer Village.
“What we are developing in Kantagowa will elevate the status of Lagos as a global technology location. It is far beyond providing real estate for the development of another Computer Village", the CEO indicated. Bridgeways Global Projects Limited plans to manage the technology park in the 36 coming years before transferring the management to the federal government.
The fund for the construction will be provided via a scheme, mixing loan and equity participation. "Of course, there is a very strong pool of foreign funding, which we shall also be working with", Jimmy Onyemenam said adding that “when completed, the ICT Business Park will comprise of over 3000 retail outlets of assorted sizes, a 4000-capacity k-klamps mall, 5,000 seater exhibition hall and ICT incubator complex, assemblage/warehouses, and office accommodation”.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
TEF selects 3,200 entrepreneurs across 54 African countries Beneficiaries receive training, mentoring, and up to $5,000...
Ghana approves new engineering and agriculture university in rural areas Three campuses aim to expand access beyond major cities Project...
Amazone Airlines begins flights between Cotonou and Parakou on March 23 The carrier emerges from a merger aimed at rebuilding national air...
Middle East disruptions cut global jet fuel shipments by about 21% Europe faces supply strain as Asian and Gulf flows decline Dangote refinery emerges...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...