Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    June 29, 2026

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    June 29, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Oil Prices Rise on Tit-for-Tat US, Iranian Strikes
    • XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume
    • CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions
    • Dangote Cement Opens at 19% Discount to 52-Week High
    • FirstHoldco Surges by10% as Investors Buy the Dip
    • Zenith Bank Rallies as Investors Chase Upside Potential
    • AI, Machine Learning Transform Nigeria’s Power Sector- NDPHC CEO
    • State Police Should Take Off After 2027 Elections – Peter Obi
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, June 29
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » FG, AfDB Partner on Expanding Nigeria’s Fibre Network to 125,000km

    FG, AfDB Partner on Expanding Nigeria’s Fibre Network to 125,000km

    Olu AnisereBy Olu AnisereFebruary 18, 2026 News No Comments2 Mins Read
    FG, AfDB Partner on Expanding Nigeria’s Fibre Network to 125,000km
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    FG, AfDB Partner on Expanding Nigeria’s Fibre Network to 125,000km

    The Federal Government has invited the African Development Bank (AfDB) to support the design and financing of the Digital Value Chain Infrastructure for Boosting Employment (D-VIBE), also known as Project BRIDGE.

    The AfDB said this in a statement on its website. According to the bank, the project aims to expand Nigeria’s fibre backbone from 35,000km to at least 125,000km, making it Africa’s third-longest terrestrial fibre network after Egypt and South Africa.

    It said the expansion was expected to address existing infrastructure gaps, as current fibre coverage reportedly met only about one-third of the country’s national needs.

    “By extending connectivity to underserved and unserved communities, the initiative is designed to strengthen digital inclusion.

    ” It will enhance broadband access and also stimulate employment opportunities across the country,” the bank said.

    It said as part of project implementation, a consultancy would provide communications, planning and stakeholder management services for D-VIBE-related events.

    “The firm will support the Project Implementation Unit (PIU), the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE) and the AfDB in coordinating and delivering project events.

    “Its responsibilities will include managing event communications, stakeholder participation, protocol and engagement before, during and after each event.

    “The activities are expected to align with the project’s Stakeholder Engagement Plan (SEP), published as an Environmental and Social Requirement during preparation. ” It will also directly support AfDB-related financing for the initiative,” it stated. #FG, AfDB Partner on Expanding Nigeria’s Fibre Network to 125,000km#

    Oil Prices Rise Amidst Geopolitical, Geoeconomic Concerns

    AfDB FG Fibre Network
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    Dangote Cement Opens at 19% Discount to 52-Week High

    FirstHoldco Surges by10% as Investors Buy the Dip

    Zenith Bank Rallies as Investors Chase Upside Potential

    Add A Comment

    Comments are closed.

    Editors Picks

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    June 29, 2026

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    June 29, 2026

    Dangote Cement Opens at 19% Discount to 52-Week High

    June 29, 2026

    FirstHoldco Surges by10% as Investors Buy the Dip

    June 29, 2026
    Latest Posts

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    June 29, 2026

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    June 29, 2026

    Dangote Cement Opens at 19% Discount to 52-Week High

    June 29, 2026

    FirstHoldco Surges by10% as Investors Buy the Dip

    June 29, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.