H

THE PROJECT HERALD
The Intelligence Ledger of
Projects, Capital, Companies and Policy

D-VIBE / Project BRIDGE — Private SPV Partner Selection (Upcoming)

Country
Nigeria
Sector
Information & Communication Technology
Intelligence Type
Procurement
Status / Stage
Planned
Estimated Value
USD 1200000000
Confidence
Confirmed

The private-sector partner for the 51-75% equity stake in the D-VIBE Special Purpose Vehicle has not yet been selected; this is the open, unfilled slot within the wider $2bn financing package.

Procurement Details

Procurement TypeGoods
Procurement MethodOpen Tender
Buyer TypeGovernment
Funding SourcePrivate sector (uncommitted)

Key Issues / Risks

This is the single largest open item across all D-VIBE-linked records: no formal solicitation has been launched and no private partner has been named as of this record.

Latest Development (Detail)

AfDB completed the $800M sovereign financing tranche 10 Apr 2026; SPV structuring for private participation remains in its preparatory phase.

Stakeholder Intelligence

Procuring EntityFederal Government of Nigeria / African Development Bank Group
Other Bidders / ParticipantsNone yet — solicitation not yet launched

Capital & Financing Intelligence

Contract ValueUSD 0

Procurement & Contract Outlook

Related ProjectD-VIBE (Project BRIDGE) — National Fibre Backbone Expansion

Commercial Opportunity Intelligence

Commercial ReadinessVery Early