Axxela’s new gas plant to expand Nigeria’s gas infrastructure following bond success

Axxela Limited, a leading African gas and power company owned by Helios Investment Partners and Sojitz of Japan, has announced a Final Investment Decision to develop a 50 million standard cubic feet per day (MMscf/d) gas processing plant in Delta State, as it pushes towards sustainable energy solutions in Nigeria. This decision is bolstered by […]

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With two electric powered buses, Lagos launched the proof-of-concept phase of the introduction of Electric Vehicle (EV) buses for passenger operations in Lagos State.

Lagos launches first electric buses in Nigeria

Lagos has officially launched the pilot programme for the implementation of its electric vehicle (EV) mass transit buses in the Nigerian commercial hub, as it pushes to become a modern-state with investments in green and modern transports. The Lagos Metropolitan Area Transport Authority (LAMATA) is partnering with Oando Clean Energy Limited (OECL) to launch the […]

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View of the Lekki Deepsea Port commissioned in January 2023 within the Lagos Free Zone. Picture: Lekki Deep Sea Port LFTZ Enterprise Ltd

Nigeria targets maritime economy with seaport projects

Nigeria has approved seaport development projects in three states of the country’s southern region as part of push to expand port infrastructure and services that will boost revenue in Africa’s biggest economy. The Federal Executive Council’s approval will allow the development of the Ondo Multi-purpose Port in Ilaje, Ondo State; the expansion of Snake Island […]

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Lagos State issues pre-qualification notice for the concession of the Lagos Blue Line Rail Project

On Wednesday this week, the Lagos Metropolitan Area Transport Authority (LAMATA) issued a request for application for the pre-qualification of the concession of the Lagos Blue Line Rail Project, which will run from Marina to Okokomaiko. The line is part of the broader Lagos Rail Mass Transit (LRMT) network currently being developed under the Lagos […]

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The Lekki Deep Sea Port is over 70% complete

The Lekki Deep Sea Port was over 70% as of late October this year, its promoters have revealed. The project’s construction and development is being undertaken by Lekki Port LFTZ Enterprise Limited (LPLEL), a special purpose vehicle promoted by the Tolaram Group and China Harbour Engineering Company Ltd (CHEC). CHEC injected US$221 million into LPLEL […]

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Meridiam signs $250m Concession Agreement for Burkina Faso’s Donsin-Ouagadougou Airport

Earlier today, Meridiam signed a 30-year concession agreement with the State of Burkina Faso for the conception, construction, financing, operation and maintenance of a new international airport 35km northeast of Burkina Faso’s capital Ouagadougou. The project is now progressing towards financing close. The engineering and construction works are expected to start at the end of […]

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