RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Development and asphalt of cross-border roads: the African Development Fund grants more than 156 million euros

09/12/2024
Source : ORISHAS FINANCE
Categories: Companies

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

On November 29, loans were approved by the Board of Directors of the African Development Fund in favor of Burkina Faso and Mali for the development and asphalt of cross-border roads connecting these two landlocked countries in West Africa to the Co. and Ivory.

A total amount of 156.66 million euros this financing will make it possible to rehabilitate a total of 242 kilometers of roads in both countries thanks to the financing of the Bank Group's concession window and the Transition Support Facility. The Islamic Development Bank and the European Union are also co-financing the project for 138 million euros and 25 million euros respectively

.

Ces Funding will allow Burkina Faso to rehabilitate and strengthen the Bobo Dioulasso-Banfora-Banfora-Côte d'Ivoire border road, which is 155 kilometers long, and to build the Banfora-Orodara junction (42 kilometers). In Mali, the Bank Group's support of 73.73 million euros is mainly aimed at developing and asphalt the Bougouni-Garalo road section of the Bougouni-Garalo-Manankoro-Côte d'Ivoire border section. It should be noted that the said program will be implemented over six years (2024-2030

).
Provided by AWS Translate

0 COMMENTAIRE