The construction of the Depp-Sea Badagry Port PPP project is expected to begin in June 2022 in Nigeria. The state has granted approval by the federal government in April of 2021.
The port will occupy land measuring over 1,000 hectares and will include a free trade zone and a container terminal. Once operational, the project will improve the lives of Badagry, the state and the West African region, by creating a number of job opportunities for the citizens and positioning the country to be the first one in Africa with the largest cargo container port.
The total estimated cost of the project is US$2.6 billion. The development of a deep-sea port is carried out by a consortium of APM Terminals, Orlean Invest, Oando, Terminal Investment Ltd., and Macquarie.
Country updates
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September 21, 2021
AFC announced Infrastructure Climate Resilient Fund
Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, offering the Infrastructure Climate Resilient Fund (ICRF). AFC Capital Partners are planning to...
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September 01, 2021
RFQ issued for planetarium and museum PPP in Nigeria
The National Space Research and Development Agency (NASDRA) has launched a request for the development of the planetarium and museum through the PPP arrangement in Nigeria. The selected de...
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August 19, 2021
Tender launched for airports concession in Nigeria
The Federal Ministry of Aviation in Nigeria has launched a request for qualifications (RFQ) seeking a private partner to operate four airports located across the country
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July 29, 2021
RFQ issued for Satellite PPP project in Nigeria
The National Space Research and Development Agency (NASRDA) has launched a request for prequalifications (RFQ) to pursue research in the field of broadband technology in Nigeria. The project will res...
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June 11, 2021
UK supports infrastructure projects PPP in Nigeria
The United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) has signed an agreement with the Bureau of Public Enterprises (BPE) to support the Bureau in the areas of institutional and human c...
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