Loan funding Gabon projects

Gabon is to benefit from loans that will help pay for two key infrastructure projects. One project is for a new highway that will improve transport connections between a number of towns and capital Libreville. The other project is for the construction of a new port facility at Owendo. The loan facility is worth US$125 million and is being provided by the Development Bank of Central African States. In all the projects will cost $200 million to carry out with the work on both planned for completion during 201
January 13, 2016 Read time: 1 min
Gabon is to benefit from loans that will help pay for two key infrastructure projects. One project is for a new highway that will improve transport connections between a number of towns and capital Libreville. The other project is for the construction of a new port facility at Owendo. The loan facility is worth US$125 million and is being provided by the Development Bank of Central African States. In all the projects will cost $200 million to carry out with the work on both planned for completion during 2016.
Finance & Funding

Related Content

  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • Democratic Republic of the Congo road construction projects
    April 19, 2021
    Road construction projects are being planned in the Democratic Republic of the Congo .
    Read More
  • Loan for new road in Honduras
    February 2, 2023
    A key loan will pay for a new road in Honduras.
    Read More
  • Ethiopia-Somalia road project underway
    March 11, 2019
    Work is now starting on the 234km road that will connect the Ethiopian town of Togochale with Berbera Port in neighbouring Somalia. The project is being carried out in three phases and will cost US$400 million in all, with this first 72km section costing some $90 million. The project is of key importance to both countries, as well as for East Africa’s economy as a whole. Landlocked Ethiopia’s economy has been growing healthily in recent years but has been constrained by a lack of access to a port. Meanwhile
    Read More

Highlighted Content