France and Ivory Coast agree road funding package

France and Côte d'Ivoire have signed a financing deal worth US$206.46 million (€190 million) for the refurbishment of roads. This will form part of the French development aid programme. The funding will be directed towards rebuilding the Bouaké-Ferkéssédougou road and the Félix Houphouët-Boigny bridge in Abidjan. Under the terms of the debt restructuring programme the countries have agreed, France will receive money from Côte d'Ivoire and will then lend an equivalent amount.
November 6, 2015 Read time: 1 min
France and Côte d'Ivoire have signed a financing deal worth US$206.46 million (€190 million) for the refurbishment of roads. This will form part of the French development aid programme. The funding will be directed towards rebuilding the Bouaké-Ferkéssédougou road and the Félix Houphouët-Boigny bridge in Abidjan. Under the terms of the debt restructuring programme the countries have agreed, France will receive money from Côte d'Ivoire and will then lend an equivalent amount.
Road Structures Finance & Funding Maintenance

Related Content

  • Funding road research in Kenya as infrastructure development grows
    August 14, 2017
    The demand for road construction material research and testing services in Kenya is expected to soar. The East African country is going through a construction boom, despite policy and financial challenges facing public institutions overseeing the research and testing operations in the transport industry. “Kenya is going through a construction boom and so is the demand for construction material testing services,” said Juma Ali Madzitsa, Geotechnical Lab Supervisor at SGS Kenya, a subsidiary of Swiss based in
    Read More
  • East Africa's new connection
    April 30, 2012
    A new US$743 million road project now looks set to go ahead that will radically improve transport connectivity between Kenya and Ethiopia. The government of the two countries recently agreed a deal to co-develop a network of roads measuring some 880km in all to connect these neighbouring nations. The Mombasa-Nairobi-Addis Ababa link is expected to take three years to construct and will form part of the Trans-African Highway corridor. The project is being financed with a loan from the African Development Ban
    Read More
  • Key African highway concession signed
    April 19, 2022
    The concession package has been signed for a key African highway.
    Read More
  • ADB loan India US$275mn to boost rural connectivity
    February 13, 2014
    The Indian government has signed a pact with Asian Development Bank (ADB) for loans worth US$ 275 million, as part of its nationwide Rural Connectivity Investment Programme. The loan is the second tranche of the $800 million financing facility set aside for the project, and will be used to finance works of constructing 3,693km of rural roads in five Indian states such as West Bengal, Odisha, Madhya Pradesh, Chhattisgarh, and Assam. Further funds of $81.56 million will be financed by the government, taking t
    Read More

Highlighted Content