RicherFin · Sovereign Projects

NIGERIA - Ekiti Knowledge Zone Project — Nigeria

Nigeria · Osun State, Kwara State · Multisector aid for basic social services

Overview

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.

Key project information

Official name
NIGERIA - Ekiti Knowledge Zone Project
Status
Ongoing
Current phase
Ongoing
Country
Nigeria
Location
Osun State, Kwara State
Sector
Multisector aid for basic social services
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 58.7m
Expected completion
2029-06-30