At the Africa Investment Forum Market Days, I had the honor of presenting our comprehensive investment strategy for the Purple Rail Line project.
The Purple Rail Line is a 60 km electrified rail system that will feature 16 strategically located stations. It is designed to integrate seamlessly with existing metro and bus services, significantly enhancing connectivity across the region. This initiative is expected to serve over 300,000 passengers daily, offering a more sustainable transportation option by encouraging a shift from road to rail, which will help reduce greenhouse gas emissions.
I am thrilled to announce that we have secured significant funding commitments for the Purple Rail Line, reinforcing its position as a highly attractive and viable investment opportunity, with promising returns for stakeholders. We are excited to continue advancing this transformative project.
Additionally, I participated in a pre-deal room meeting, organized by Dr. Akinwumi Adesina, President of the African Development Bank, to discuss the Nigeria Special Agro-Industrial Processing Zones Program (Nigeria SAPZ).
