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Western Africa

Nigeria Secures Additional US$600 Million For Ports

Funding from AP Moller-Maersk to enable ports to handle larger ships.

May 1, 2024

By Sneha Abraham
The Nigerian government has secured a US$600 million investment commitment from AP Moller-Maersk to expand the country’s existing port infrastructure to accommodate larger ships.The Danish shipping and logistics company announced the funding during a meeting with Nigeria’s President Bola Tinubu on the sidelines of a World Economic Forum special meeting

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