Sovereign Project

NIGERIA - Ekiti Knowledge Zone Project

Nigeria · {'name': 'Osun State', 'coordinates': '7.5 4.5'}, {'name': 'Kwara State', 'coordinates': '8.5 5'}

Multisector aid for basic social services · Public investment / AfDB sovereign financing

Estimated cost58.9m XDR
Financing soughtAfDB sovereign financing approved
Project structurePublic investment / AfDB sovereign financing
Target date2029-06-30
Sponsor / contactMinistère des finances

Ministère des finances
RDNG

Nigeria

Description

The Ekiti Knowledge Zone (EKZ) is conceived as a world class knowledge park which leverages on Ekiti’s comparative advantage to create a vibrant ecosystem of innovative businesses and a conducive environment for collaboration, innovation and technology transfer in line with the Sustainable Development Goals of the United Nations and the four-point agenda outlined by the State Governor. The development shall be structured as a Public-Private Partnership, with Ekiti State Government providing land, and the required infrastructure to make the site conducive for investors and stakeholders. The project contributes to climate finance, with 56 million USD of the total approved amount dedicated to mitigation.

Status
Ongoing
Last update
14 Aug 2026
Source
African Development Bank Group · IATI
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