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by Legal Desire
30 July 2026

Clifford Chance advises arrangers and lenders on a landmark USD1.8 billion financing package for the Federal Republic of Nigeria’s Kano–Maradi Railway Project

Advising firms

Deal team

5 lawyers named
LawyerFirmSeniorityPracticeOffice
Kayode Oladipo Lead Clifford Chance Partner Not stated Not stated
Michael Obiri-Darko Clifford Chance Senior associate Not stated Not stated
Elphina Franklin Clifford Chance Senior associate Not stated Not stated
Boma George Clifford Chance Associate Not stated Not stated
Lindy Mguni Clifford Chance Associate Not stated Not stated

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Stated terms

Stated value
USD 1.80bn (USD1.8 billion)
What the figure measures
Facility amount
Client
Not stated
Counterparties
Africa Finance Corporation (Lenders)
Rand Merchant Bank, a division of FirstRand Bank Limited (Lenders)
Federal Republic of Nigeria (Borrower)