Nigeria has entered into a multi-billion dollar agreement with Invest India to support various infrastructure projects, including power, rails, warehousing, and ports. The deal aims to industrialize Nigeria’s agriculture and manufacturing sectors, reduce import reliance, and stimulate economic growth. Nigeria estimates it will need at least USD 3 tln over 30 years to close its infrastructure gap. Meanwhile, Afreximbank will lend USD 200 mln to Nigeria’s Anambra State for various projects, including the Ikenga Mixed-Use Industrial City, and Anambra Export Emporium.