News
11 July 2025

Nigeria secures $747m syndicated loan for coastal highway

In:
Transport
Region:
Middle East & Africa

Nigeria has secured a $747 million syndicated loan, led by Deutsche Bank, to finance construction of the first phase of its planned 700km coastal highway project.The loan is believed to be the first of its size for road infrastructure in Nigeria. Deutsche Bank acted as global coordinator in the...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...