Ghana: Nigeria, Ghana, 2 Others Secure $25bn Funding for Industrial Revolution

Four African countries, namely, Nigeria, Ghana, Côte d’Ivoire, and Senegal have recently secured landmark investments totaling about $25billion aimed at boosting industrial capabilities in these benefiting nations.

To this end, Ghana has signed a $12 billion deal with the TCP-UIC Consortium for the development of a petroleum hub, Côte d’Ivoire attracted $10 billion from ENI for offshore oilfield development, and Nigeria secured a $3 billion Afrexim Bank facility to support light manufacturing….