Acquisition of Stake in Panama Canal Ports For $23 Billion by a Nigerian Billionaire
Expanding Influence in Global Trade Infrastructure Nigerian-American investment magnate Adebayo Ogunlesi has significantly expanded his global infrastructure portfolio through a landmark acquisition of key ports at the Panama Canal. This move, executed via Global Infrastructure Partners (GIP), a subsidiary of BlackRock, underscores Ogunlesi’s strategic vision in the infrastructure sector. In a transaction valued at approximately…