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By Ndubuisi Francis The African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have announced a $750,000 grant to support the charting of the main channel of the Niger-Benue river in Nigeria, as part of the Regional Sealink Project, which aims to bridge the gap in maritime transport infrastructure and improve trade connectivity in West Africa. Afreximbank provided a grant of $350,000 to supplement the $450,000 made available by NEXIM, thus completing the financing of the barthymetric survey and hydrograhic and hydrological studies of the lower Niger-Benue river. The studies will be undertaken under a joint collaboration framework between the Nigerian Navy Hydrography Department, Nigeria’s National Inland Waterways Authority (NIWA) and Sealink Consortium Partners.

Benue riverNdubuisi francisBenedict oramahCommunity development programmesNigerian navy hydrography departmentBank afreximbankMedium enterprises msmesNigeria national inland waterways authoritySealink consortium partnersEconomic community of west african statesAfrican export import bankNigeria export import bankRegional sealink projectNational inland waterways authoritySealink consortiumAfrican continental free trade agreement