Western Africa
Nigeria’s Lekki Port Receives First Installment of $630m Chinese Loan
The port has received US$60m from the China Development Bank as the first tranche of the loan.
This first installment comes as work on the project reaches its halfway mark, with completion of the 1,900 metre core of the main breakwater.
Du Ruogang, the Managing Director of Lekki Port LFTZ Enterprise and the project’s developer, saw the receipt of the first installment as a major breakthrough to reaching the goal of
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