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

  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More
  • Bolivia-Brazil bridge tender opening
    November 20, 2023
    The tender is opening for a new Bolivia-Brazil bridge link.
    Read More
  • South Sudan roads development: World Bank backing
    January 22, 2024
    The World Bank is backing South Sudan roads development.
    Read More
  • East Africa transport link finding funding
    October 18, 2016
    Funding sources have been found for a major transport corridor for East Africa. The US$1.91 billion project will improve transport connections from Lamu Port to South Sudan and Ethiopia. Funding for the project is being provided by the state-run Development Bank of South Africa (DBSA). The 537km road link is called the Lamu Port-South Sudan-Ethiopia (LAPSSET) transport corridor. The project will connect Lamu on the coast of Kenya, with Garissa and Isiolo, providing a through route to the landlocked nations
    Read More

Highlighted Content