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

  • €180 million for Bosnia highway
    July 6, 2012
    The EBRD is investing in the largest infrastructure project in Bosnia-Herzegovina (BiH) to date by lending €180 million to the state to construct key sections of the Trans-European Corridor Vc. A key transport artery linking BiH with the rest of Europe, Corridor Vc starts in Budapest, Hungary and ends in the Adriatic Port of Ploce in Croatia. It runs north to south through the centre of BiH, and is the most strategically important link for regional trade and economic development. The €180 million EBRD finan
    Read More
  • Loan will fund key road deal in Argentina
    August 13, 2012
    The Inter-American Development Bank (IADB) is providing a loan worth US$200 million to Argentina’s Government that will be used for road improvements. The loan will be directed towards safety and capacity upgrades to provincial and national roads. The funds will be channelled through the government programme Programa de Infraestructura Vial Productiva II. More than 4,000 people died in road traffic accidents in Argentina during 2010 and the authorities are looking to improve the safety levels and reduce the
    Read More
  • Loan will fund key road deal in Argentina
    July 6, 2012
    The Inter-American Development Bank (IADB) is providing a loan worth US$200 million to Argentina’s Government that will be used for road improvements. The loan will be directed towards safety and capacity upgrades to provincial and national roads. The funds will be channelled through the government programme Programa de Infraestructura Vial Productiva II. More than 4,000 people died in road traffic accidents in Argentina during 2010 and the authorities are looking to improve the safety levels and reduce the
    Read More
  • Egypt’s road programme is now restarting
    February 20, 2014
    Egypt is developing its road network – local reporting and images by Egypt correspondent Mohammed Elsayed Tantawy. Egypt is now gearing up its road construction activity, with a view to reducing congestion and improving traffic flow. The country’s main highway connecting capital Cairo with the port city of Alexandria has already seen a major widening programme, but other important routes are also now being upgraded and improved. The road development programme started in earnest some years ago but was delaye
    Read More

Highlighted Content