The United States and Nigeria are revitalizing their aviation partnership, reinforcing their bilateral relationship. The U.S. Mission in Nigeria’s Public Diplomacy Department announced the renewal of an aviation agreement to bolster industry ties between the two nations. According to a statement published in the Punch Newspaper, the agreement, initially in effect since 2000, has been updated to establish a modern civil aviation partnership. “The U.S.-Nigeria Air Transport Agreement, provisionally applied
Category: West Africa
Maersk Commits $600 Million to Upgrade Nigeria’s Port Infrastructure
Danish shipping giant Maersk has announced a $600 million investment aimed at upgrading Nigeria’s port infrastructure, signaling a significant boost to the country’s maritime sector. The investment pledge was secured during a meeting between Nigerian President Bola Tinubu and Maersk chairman Robert Maersk Uggla at the World Economic Forum gathering in Saudi Arabia. Uggla expressed the company’s commitment to enhancing existing facilities and making ports more accommodating for larger vessels.
Nigeria’s Maritime Industry Advances with E-Tag Technology Deployment
In a groundbreaking move to enhance efficiency and security in Nigeria’s maritime industry, Trucks Transit Parks Ltd. (TTP) has announced a strategic collaboration with the Nigerian Ports Authority (NPA) to deploy E-tag technology. This initiative aims to address challenges related to non-compliance with standard operating procedures in the electronic call-up scheme, particularly concerning the Minimum Safety Standards (MSS), and to improve the ease of doing business for truckers and the
Nigeria’s NPA Secures $700 M Loan for Ports Upgrade
The Nigerian Ports Authority (NPA) has entered into an agreement with global financial institution Citibank for a $700 million loan aimed at revitalizing the Apapa and Tin-Can Island ports in Lagos. The loan – funded by UK Export Finance – will support the rehabilitation of quay walls to enhance landside operations, and deepen droughts to 16.5 m to accommodate larger vessels and increase traffic flow. The loan will fund the
Rio Tinto, WCS, and CTG Mark Milestone with First Beam Installation on Trans-Guinean Railway
The first beam of the Trans-Guinean railway connecting the Simandou mine to the Atlantic coast has been installed in Guinea-Conakry. The inauguration ceremony took place in the presence of General Mamadi Doumbouya, President of the Republic of Guinea-Conakry. Jointly established in 2023 by the Guinean government, the Winning Consortium Simandou Railway (WCSR), Rio Tinto-Simfer and the Trans-guinean company (CTG) will collectively manage the railway and port infrastructure built under the Simandou project.
4 Railway Projects to Watch in West Africa
With West Africa’s population surpassing 450 million and its vast oil, gas and critical mineral resources being put into production, the region has experienced steady economic growth at an average annual rate of 6% over the last decade. Projected infrastructure needs indicate a necessary annual investment of approximately $180 billion by 2025. Vital to this development are ongoing railway projects aimed at supporting the region’s economic growth, facilitating the transport
Fuel Costs Expected to Drop as Port Harcourt Refinery Resumes Operations
Fuel costs in Nigeria are anticipated to decrease once the Port Harcourt Refinery recommences operations, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN). The national petroleum company of Nigeria has pledged that the refinery will be operational within two weeks, prompting preparations by marketers to receive products from the facility. Both IPMAN and MEMAN have urged the Nigerian National
Qatar Airways Expands Service to Nigeria with New Routes to Kano and Port Harcourt
Qatar Airways is enhancing its presence in Nigeria with the introduction of four weekly flights to Kano (KAN) in Northern Nigeria starting on March 2nd, and three weekly flights to Port Harcourt (PHC) beginning March 3rd. Both routes will operate via the country’s capital, Abuja. As reported by m.gulf-times.com, the airline currently offers two daily flights to Lagos and four weekly flights to Abuja, which will be increased to a
Senegal’s Ndayane Port Project Spurs Economic Growth
Senegal anticipates robust GDP growth of 9.2% with the onset of oil and gas production in 2024, paving the way for an average annual growth rate of 5.8% from 2025 to 2028. To support this growth trajectory, the government is prioritizing sectors crucial for hydrocarbon development and economic transformation. Aligned with its Emerging Plan for 2035, Senegal is poised to evolve into an integrated and competitive logistics hub. Efforts to
Ethiopian Airlines May Build e-Commerce Cargo Terminal In Nigeria
Still basking in the euphoria of building the first ever e-commerce cargo terminal in Africa in its Addis Ababa hub, Ethiopian Airlines may consider replicating a similar feat in Nigeria, Africa most populous country. Speaking at the inauguration of the of the e-commerce terminal in Addis Ababa, Group Chief Executive Officer, Ethiopian Airlines, Mesfin Tasew said the newly constructed e-commerce logistics hub was built by Ethiopian Airlines Group to facilitate