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Western Africa

AfDB Approves US$80 Million Loan For Nigeria Knowledge Zone

The special economic zone aims to turn Ekiti state into a knowledge economy.

November 29, 2023

By Sneha Abraham
The African Development Bank (AfDB) has approved an US$80 million loan for the construction of the Ekiti State Knowledge Zone (EKZ) in Ekiti state, southwestern Nigeria. The EKZ is designed to be a special economic zone that promotes research, digital innovation and entrepreneurship. It is intended to help turn Ekiti state

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