tolaram

The Tolaram Group, maker of Indomie Noodles, is building the biggest port in West Africa on the east side of Lagos with $1bn facility from China, according to the Financial Times.

A report in Financial Times on Tuesday said the Singapore-based company was set to close financing this week for what could be the busiest port in West Africa sub-region, which would help transform Africa’s largest economy.

The port, the biggest development ever undertaken by Tolaram, the report said, “is being built on the back of a $450m annual business that has turned Indomie noodles into one of Nigeria’s national …