Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

World Bank to fund a $15 million road project in Guinea-Bissau

Friday, 17 August 2018 18:12

(Ecofin Agency) - World Bank will grant a $15 million loan to Guinea-Bissau, Amadou Oumar Ba, the bank’s resident representative, announced on Wednesday 15, August 2018.  

According to information published by Macauhub, this loan would help pave many rural roads in a country where most of the roads date back to colonial times. The North and the East should be the main beneficiaries of this project.

Let’s remind that this loan is granted some days after the beginning of the construction of a 15 km road between Bissau and Safim (estimated at $16.5 million and financed by China) was announced.

The paving works are expected to start in 2019.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.