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    HomeBusinessAbia gets $263.8m from AfDB, IsDB others to boost roads, infrastructure

    Abia gets $263.8m from AfDB, IsDB others to boost roads, infrastructure

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    The African Development Bank has announced the launch of a $263.8m integrated infrastructure development project in Abia State, aimed at modernising urban infrastructure and rehabilitating over 248 kilometres of roads across the cities of Umuahia and Aba.

    According to a press statement issued by the bank on Wednesday, the project, which was officially launched on July 11, 2025, is being implemented in partnership with the Islamic Development Bank, the Federal Government of Nigeria, and the Abia State Government.

    The statement read, “The African Development Bank, in partnership with the Islamic Development Bank, Nigeria’s Federal Government and Abia State, has launched the Abia State Integrated Infrastructure Development Project on 11 July 2025.

    “The project is a transformative $263.8 million initiative to modernise urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development.”

    The African Development Bank is contributing $115m to the project—$100m from its ADB window and $15m from the Canada-AfDB Climate Fund. The Islamic Development Bank is co-financing with $125m, while the Federal Government is providing $23.8m in counterpart funding.

    “The project addresses critical infrastructure gaps in urban transport, erosion control and waste management, which have long constrained mobility, public health and economic productivity in the cities of Umuahia and Aba in Abia State.

    “The African Development Bank is contributing $115m to the project, including $100m from its ADB window and $15m from the Canada-AfDB Climate Fund. The Islamic Development Bank is co-financing with $125m, while the Federal Government of Nigeria is providing $23.8m in counterpart funding.

    “The project will rehabilitate more than 248 kilometres of roads in the cities of Umuahia and Aba, restore two erosion sites, and catalyse private sector investment in solid waste management through public-private partnerships,” the statement noted.

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