AFD Moves Toward New Financing Round for Maryland Interchange, LAMATA Confirms

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The Lagos Metropolitan Area Transport Authority has announced that the Agence Française de Développement is preparing a new phase of financing for the Maryland Interchange, a major project within Lagos State’s long-term urban mobility programme. The update was shared in a statement issued on LAMATA’s official X account following an inspection visit by a delegation from the development agency.

LAMATA explained that the AFD team was in Lagos to review the status of ongoing mobility projects and to examine the proposed site of the Maryland Interchange. The planned funding package is expected to support the next stage of the state’s urban transport expansion, which seeks to improve traffic flow, reduce congestion and reinforce connections across the metropolis.

During the inspection, AFD’s Deputy Country Director, Mahamadou Diarra, expressed satisfaction with LAMATA’s management of current projects and confirmed that work on the financing arrangements for the Maryland component was progressing. He added that the visit was intended to complete key steps toward finalising the new funding round.

The statement noted that the Maryland Interchange is viewed as an essential element of Lagos’ wider transport master plan and that cooperation between AFD and LAMATA has remained steady across several development cycles. According to the authority, the forthcoming financing will help advance a project regarded as central to future mobility improvements in the state.

LAMATA reaffirmed its commitment to strengthening the transport network and stated that further details will be provided as preparations for the new funding package continue.

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