Loans approved for Mali road development

Loans have been approved for road development work in Mali.
By MJ Woof April 3, 2020 Read time: 1 min
Sandwiched in between Algeria, Niger, Burkina Faso, Ivory Coast, Guinea, Senegal and Mauretania, landlocked Mali depends heavily on its transport connections – image © courtesy of Rosevite2000, Dreamstime.com


Loans will be used to pay for work to develop a stretch of the Trans-Sahara road in Mali. The African Development Bank and the African Development Fund are providing the necessary loans. The Mali Government has given approval for the legal structure covering the US$32 million loan package being provided.

The funding package will help to pay for work on a 285km stretch of the route in Mali. Building the Trans-Sahara route is of key importance for North and West Africa. The road link will provide direct transport connections for six nations, improving transport between Algeria’s capital Algiers and Nigeria’s capital, Abuja, and its economic centre, Lagos. However, improvements to the Trans-Sahara route will help deliver an economic boost to numerous neighbouring nations also.

Finance & Funding

Related Content

  • Funding secured for road works in Côte d'Ivoire and Senegal
    October 11, 2022
    Funding has been secured for road works in Côte d'Ivoire and Senegal.
    Read More
  • Trans-Sahara Highway soon to connect Niger with Algeria
    December 4, 2014
    Construction work started in November on the last part of the Trans-Sahara Highway connecting the Algerian capital Algiers to the Nigerian capital and port Lagos.
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Chinese loan to pay for Nigerian road rebuild
    May 21, 2018
    A loan from the Export-Import Bank of China (Exim Bank of China) will help pay for the rebuilding of an important road section in Nigeria. Approval for the funding package was given by Nigeria’s Federal Executive Council, headed by the country’s president, Muhammadu Buhari. The funding will go towards phase II of the works to rebuild the road connecting capital Abuja with the city of Makurdi. The work will rebuild the A234 highway from Abuja to Akwanga, as well as the A3 highway running from Akwanga to Maku
    Read More

Highlighted Content