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

  • Uzbekistan road improvements planned
    October 8, 2020
    A series of key road improvements is planned for Uzbekistan.
    Read More
  • Cameroon’s US$167 million upgrading key roads
    February 17, 2025
    Cameroon is upgrading key roads for US$167 million across the country.
    Read More
  • Japanese loan for Botswana to Zambia bridge
    October 18, 2012
    A new bridge link will be constructed between Botswana and Zambia in Southern Africa. Some of the funding for the bridge is being provided in the form of a US$113 million loan from the Japanese Government. The Kazungula bridge project is expected to cost $260 million in all. Close to $78.5 million is coming from the African Development Bank and Zambia is providing $1.6 million while the Japanese International Cooperation Agency (JICA) will offer $42 millionn. The work will commence in 2014 and the bridge sh
    Read More
  • India's US$100 billion highway investment
    May 29, 2012
    India intends to continue its massive investment in highway spending. Predictions for the next five years say that up to US$100 billion will be spent on road building in the country in the coming five years. The Ministry for Road Transport and Highways plans to build 35,000km of highways, with 60% being provided by the Government budget and 40% from the private sector. The Ministry of Road, Transport and Highways will open up tendering for nine highway projects. The National Highway Authority of India (NHAI
    Read More

Highlighted Content