Nigeria’s 90,000km fibre network will be built by a company that doesn’t yet exist
Nigeria’s ambition to become Africa’s digital economy powerhouse now rests on a company that has yet to be legally incorporated. The federal government expects to register the Special Purpose Vehicle (SPV) that will oversee Project BRIDGE by July 31, laying the legal foundation for one of Nigeria’s largest digital infrastructure projects. The incorporation date will […]
Nigeria has set its sights on becoming Africa's digital economy powerhouse through a massive fibre network project dubbed Project BRIDGE. The federal government aims to register a Special Purpose Vehicle (SPV) that will oversee the construction of 90,000 kilometres of climate-resilient fibre optic networks by September 2030. However, the SPV, responsible for mobilising private capital, coordinating construction across Nigeria's 36 states and the Federal Capital Territory, and overseeing network deployment, does not yet exist.
The project, designed around a wholesale, open-access model, is expected to increase Nigeria's fibre backbone to approximately 120,000 kilometres, extend connectivity to more than 770 local government areas, and connect thousands of schools, hospitals, and public institutions. Funding for the project is being provided by the World Bank ($500 million), the African Development Bank ($200 million), the European Bank for Reconstruction and Development ($100 million), and BADEA ($100 million), with additional private and commercial financing expected.
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