US EditionNigeria Gets $230m ECOWAS Funding to Boost Rail Sector, SMEs
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Nigeria Gets $230m ECOWAS Funding to Boost Rail Sector, SMEs
Daniel Adaji The ECOWAS Bank for Investment and Development (EBID) has approved a $230m intervention package for Nigeria. This comprises a $180m credit line for the Kano-Maradi railway project and $50m for Small and Medium Scale Enterprises’ support through Sterling Bank. This financing is part of a broader €230m and $10m package approved at the bank’s 91st Ordinary Board Meeting, chaired by President and Chairman of EBID’s Board of Directors, D…
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