FG Secures $200m AfDB Loan for Nationwide Fibre Expansion
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• Targets 120,000km backbone, 70% broadband penetration by 2030
The federal government has secured a $200 million loan from the African Development Bank (AfDB) Group to support the rollout of a 90,000-kilometre open-access fibre optic network across the country, in a renewed push to deepen broadband penetration and accelerate Nigeria’s digital economy.
The development, disclosed by the bank in a statement at the weekend and quoted by Nairametrics, is part of a broader $800 million sovereig
The federal government has secured a $200 million loan from the African Development Bank (AfDB) Group to support the rollout of a 90,000-kilometre open-access fibre optic network across the country, in a renewed push to deepen broadband penetration and accelerate Nigeria’s digital economy.
The development, disclosed by the bank in a statement at the weekend and quoted by Nairametrics, is part of a broader $800 million sovereig
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