FAB backs $1bn funding for Nigeria’s coastal highway
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The UAE’s First Abu Dhabi Bank (FAB) and the African Export-Import Bank (Afreximbank) have jointly provided over $1 billion in funding for the construction of Nigeria’s major road infrastructure project. The Abu Dhabi-listed lender and Afreximbank will provide $626 million and $500 million, respectively, to build section two of the first phase of the Lagos-Calabar coastal highway, […]
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