The China Development Bank has announced approval of a $254.76m loan to support the Kano-Kaduna railway project in Nigeria.

According to information released on its website, the financial backing is expected to ensure the seamless continuation of the railway, which is a standard-gauge line stretching 203 kilometres that will link Kano State to the nation’s capital, Abuja.

In addition to easing transportation, the project is expected to create numerous employment opportunities during its construction and subsequent operation, as well as spur economic growth by fostering the development of industries along its corridor.

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