Major new highway project for Mali

A new highway project is being planned that will help boost the economy of Mali. The landlocked country is one of the most impoverished nations in Africa and this new highway will provide a direct link from its capital Bamako to the port of San Pedro in Côte d'Ivoire. Much of the financing for the project is being provided through a loan worth US$ 187.61 million from the African Development Bank. The new highway link will also help develop the port of San Pedro, which is currently the second largest in Côte
December 4, 2015 Read time: 2 mins
A new highway project is being planned that will help boost the economy of Mali. The landlocked country is one of the most impoverished nations in Africa and this new highway will provide a direct link from its capital Bamako to the port of San Pedro in Côte d'Ivoire. Much of the financing for the project is being provided through a loan worth US$ 187.61 million from the African Development Bank. The new highway link will also help develop the port of San Pedro, which is currently the second largest in Côte d'Ivoire. The road link will be of enormous economic importance for Mali as well as Burkina Faso, which is also landlocked and is also one of Africa’s least developed nations. The new highway will also provide better transport connections to the port from the eastern parts of Guinea and Liberia.
Finance & Funding Road Structures

Related Content

  • Road revamp project planned for Rwanda
    January 5, 2015
    Rwanda looks set to commence work on a major road revamp project. The project is for the construction of the 51km Base-Gicumbi-Rukomo road. Financing for the project is coming in the shape of a loan worth some US$74.7 million from the African Development Bank (AfDB). The Rwandan Government will also provide another $4.6 million for the road project later. The project is part of Base-Nyagatare road project that will connect the Northern and the Eastern provinces, with work likely to start in April 2015. The
    Read More
  • Key Kenya road project stalled
    December 4, 2023
    A key Kenya road construction project has stalled.
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More

Highlighted Content