Benin benefits from Chinese funding

The West African nation of Benin is seeing two road projects commence shortly. Funding for the work is being provided by China.
February 10, 2012 Read time: 1 min
The West African nation of Benin is seeing two road projects commence shortly. Funding for the work is being provided by China. Bypasses stretching some 27.5km and 6km will be built using the US$288 million from the Chinese Government. China has also pledged to help fund further projects in the West Africa nation. In all, the Government of Benin plans to improve or upgrade some 102,350km of roads in the country. Trading and commerce with neighbour Nigeria to the east as well as landlocked Niger and Burkina Faso to the north is crucial to the economy of Benin and improving the road network is vital for growth.

Related Content

  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • Trans-Saharan highway project on schedule
    October 31, 2014
    Work on the Trans-Sahara highway is on track with its construction schedule.
    Read More

Highlighted Content