EU commits €150b investment in African trade, transport infrastructure

The European Union Commission has unveiled plans to invest significantly in trade and transport infrastructure across West Africa, with a particular focus on the Abidjan-Lagos corridor.

She emphasised the EU’s commitment to supporting efforts to decongest Lagos ports and improve inland dry ports.Lhoste expressed the EU Commission’s interest in facilitating coastal shipping between Cotonou and Lagos ports, which could significantly enhance trade between Nigeria and Benin. “When you move from the Benin border to Lagos, you can be stopped at least 20 times with 80 checkpoints. This is a big barrier for transport between the two countries,” he said.

Gavilan also emphasised the need for inland dry ports as a key element to decongest the seaports, improve exports abroad, noting that the EU will have a look into investing in infrastructure while partnering with the Shippers’ Council.

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