African Development Bank approves $200 million loan to expand Nigeria’s fibre backbone

On 2026-04-10, the African Development Bank Group approved a $200 million loan to Nigeria to support the Digital Value Chain Infrastructure for Boosting Employment project. The project will deploy about 90,000 km of open-access fibre optic cable, expand the national fibre backbone from roughly 30,000 km to 120,000 km, and connect all 774 local government areas.