Ecowas Bank Backs Taraba’s Industrial Park, Rice, Solar Projects With $268m

The ECOWAS Bank for Investment and Development (EBID) has signed three loan agreements worth $268 million with the Taraba State Government to finance major investments in renewable energy, agriculture and industrial infrastructure aimed at accelerating economic development in the state.
The funding is expected to support three projects, including $91.23 million for the first phase of an integrated industrial park that will serve as a multi-cluster logistics and manufacturing hub capable of attracting private-sector investment, promoting value addition, and creating jobs.
Another $79.21 million will fund the development of 10,000 hectares of irrigated rice paddies, along with a modern ...