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AfDB, ECOWAS move to secure funding for Abidjan-Lagos highway project

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The African Development Bank Group, in collaboration with the Economic Community of West African States, has intensified efforts to mobilise financing for the Abidjan-Lagos highway, a major regional infrastructure project linking five West African countries.

The development followed the conclusion of a multi-country mission across Côte d’Ivoire, Ghana, Togo, Benin and Nigeria, aimed at securing investment commitments for the construction and long-term operation of the 1,028-kilometre corridor.

The proposed highway is expected to significantly enhance regional integration by improving connectivity along one of West Africa’s busiest economic routes, while also facilitating trade and movement of goods under the African Continental Free Trade Area.

The mission brought together key stakeholders, including government officials, regional financial institutions, and private sector players, to advance discussions on funding structures, project design, and implementation strategies.

Officials involved in the engagement highlighted the urgency of securing adequate financing to avoid delays that could hinder the project’s economic potential, particularly in addressing infrastructure gaps and supporting industrial growth across the sub-region.

Technical consultations during the mission also focused on ensuring that the project incorporates environmental and social safeguards, alongside climate-resilient infrastructure standards.

The highway, once completed, is expected to serve as a major economic corridor, supporting cross-border trade, logistics efficiency, and regional value chains.

The African Development Bank, which is leading the initiative, has already committed financial support for preparatory activities, with the project now advancing into its investment phase.

Under an existing regional agreement, the highway will be developed and managed as a single transnational asset, overseen by a dedicated corridor management authority to ensure seamless coordination among participating countries.

Experts say the project represents a critical step towards building a more integrated and competitive West African economy, particularly as countries seek to maximise the benefits of continental trade frameworks.

APC chairman disburses N280m to 1,400 entrepreneurs in Plateau, urges wealth creation

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The National Chairman of the All Progressives Congress (APC), Nentawe Yilwatda, has empowered over 1,400 small-scale business owners in Plateau State with grants exceeding N280 million, as part of efforts to stimulate entrepreneurship and economic growth.

The empowerment programme, held in Jos, provided financial support and business equipment to beneficiaries selected through a competitive process involving over 48,000 applicants.

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Empowerment materials including business kits, equipment and supplies arranged for distribution to beneficiaries during the APC empowerment programme in Jos, Plateau State.
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Industrial and household equipment, including sewing machines and business tools, displayed ahead of distribution to small-scale entrepreneurs at the empowerment programme.   

Speaking at the event, Yilwatda described the initiative as a people-driven intervention aligned with the economic vision of President Bola Tinubu, noting that sustainable development must be anchored on individual productivity and enterprise.

“Change is possible, and it is driven by people. No matter how small your contribution is, you can transform lives. That is what we are doing here today,” he said.

He urged beneficiaries to shift from dependence on public sector employment to entrepreneurship, stressing that small businesses remain critical to job creation and wealth generation.

“The era of relying solely on civil service jobs is gone. Opportunities now lie in entrepreneurship. Grow your businesses, employ others, and build sustainable wealth,” he added.

Yilwatda further linked the initiative to ongoing federal investments in infrastructure, including road networks, rail systems, and energy projects, which he said would create an enabling environment for businesses to thrive. He also highlighted the Federal Government’s plan to upgrade the Jos Airport into an international cargo hub to boost export potential for local producers.

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APC National Chairman, Prof. Nentawe Yilwatda (centre), interacts with participants during the empowerment programme attended by a large crowd of beneficiaries and stakeholders in Jos.

Plateau State Governor, Caleb Mutfwang, represented by Deputy Governor Josephine Piyo, commended the programme, describing it as a timely intervention to strengthen grassroots economic development.

“This initiative reflects a commitment to empowering citizens and fostering inclusive growth. We encourage beneficiaries to utilise the resources responsibly for business expansion,” she said.

Also speaking, Director-General of the Nigerian Governors Forum, Ezekiel Gomos, said the selection process was conducted transparently through an online system, adding that only viable and growth-oriented business plans were considered.

According to him, the grants were designed as seed capital for existing businesses, with a structured mentorship and monitoring framework to ensure sustainability.

Breakdown of the support shows that 60 beneficiaries received N1 million each, 300 got N200,000, while about 900 received N100,000, alongside equipment such as tricycles, sewing machines, and technical tool kits.

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Yilwatda said beneficiaries would be assessed periodically, with prospects for additional funding and support for those who demonstrate business growth and accountability.

Analysts say such targeted interventions could help deepen micro-enterprise development and reduce unemployment, particularly among youth, if sustained and effectively monitored.