Lekki Port LFTZ Enterprise Limited (LPLEL) has received US$ 221,047,248 equity funding from the stakeholder China Harbour Engineering Company (CHEC). The Lekki deep seaport is currently under construction in Lagos Free Trade Zone, Ibeju Lekki. The port will be Sub-Saharan Africa’s deepest port and Nigeria’s first deep seaport.
LPLEL has also signed a US$ 629 million facility agreement with China Development Bank for debt financing earlier.
Country updates
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March 30, 2020
Nigeria launches new five year National Broadband Plan (NBP)
Government of Nigeria has launched a new five year National Broadband Plan (NBP) for 2020-2025 to facilitate the Digital economy growth in the country. The new NBP will contain a series of g...
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February 03, 2020
Nigeria develops pipeline for 139 PPP project, seeks investors
The federal government and Infrastructure Concession Regulatory Commission in Nigeria have developed a pipeline of 139 public-private partnership projects to be implemented by various government...
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January 22, 2020
RFEOI issued seeking technical consultancy for review of West African PPP framework
The World Bank has issued a request for expression of interest (RFEOI) seeking a technical consultant for PPP Framework Review and Harmonization in Economic Community of West African States...
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November 06, 2019
Tolaram Group signs loan agreement with China Development Bank for Lekki deep seaport project in Lagos
The Singaporean conglomerate Tolaram Group has signed a loan agreement worth US$629 million with the China Development Bank for the development of the Lekki deep seaport project in Lago...
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May 28, 2019
Nigeria issues EOI seeking advisory services for Inland container depot in Ibadan
Nigerian Shipper's Council (NSC) has issued an expression of interest for the transaction advisory services for the development of the Ibadan Inland dry depot project in Oyo state. This project includ...
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