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US$201.5 million loan for Ivory Coast road

A US$201.5 million loan will help pay for an Ivory Coast road project
By MJ Woof October 7, 2024 Read time: 1 min
A loan will help pay for highway widening works in Ivory Coast, part of a wider plan to improve transport in the country, with the capital Abidjan already benefiting from upgrades © Noursaid Gamal| Dreamstime.com

A US$201.5 million loan from the Islamic Development Bank (IDB) will help pay for a key road project in Ivory Coast. This funding package will go towards highway upgrade work to the road connecting the country’s second city, Bouaké, with Darakokaha.

The road will be upgraded so that it features two lanes in either direction, as well as having a central reservation. This will boost capacity and improve safety for drivers, as well as reducing journey times. Maintenance and improvement works will also be carried out to the existing road surfaces.

The Ivory Coast Government is carrying out a programme of road development. The capital of Ivory Coast, Abidjan, has already benefited from a series of road upgrade works.

Meanwhile, funding worth $48.7 million is being provided by the West African Development Bank (BOAD) for the coastal road project. This funding package will be for a 180km stretch of the route that improves transport from Abidjan to the rest of the country. Widening work as well as maintenance upgrades will be carried out. 
 

 

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