Executive Summary
Case Study
The Lome-Lagos Corridor Highway (LLCH) Project
Project Overview
This is a road infrastructure project targeting the chronic logistics and transportation challenge along West Africa's coastal economic corridor. The project proposed developing Lot 3 of the Abidjan-Lagos Corridor Highway — a 344-kilometre, six-lane dual carriageway spanning Nigeria, Benin, and Togo — which accounts for approximately 33% of total traffic in the wider corridor. The project would be implemented as a public-private partnership, aligned with the ECOWAS Regional Trade Policy. The capital structure comprised 5% seed equity, 25% core equity, 10% mezzanine financing, and 60% senior debt, totalling a project cost of $3.36 billion. The group was seeking $5 million in seed equity to commission technical feasibility and traffic demand studies.