Public Management

Mali raises €27mln to pave the Kaloumba-Nara section of the road linking Bamako to Nouakchott

Mali raises €27mln to pave the Kaloumba-Nara section of the road linking Bamako to Nouakchott
Friday, 17 January 2020 10:28

As part of its strategy to boost trade with neighboring Mauritania, the government of Mali has mobilized CFA17.54 billion, the equivalent of €26.70 million, for the construction and asphalting of the Kwala-Mourdiah-Nara road (section 2 Kaloumba-Nara).

The draft decree approving the project contract was passed on January 15 during the Council of Ministers and the winning bidder is the company GREEN LINE. Work is expected to last 18 months (including wet seasons).

Once completed, the 54.05 km road will significantly ease transport for people and goods on the Bamako-Nouakchott corridor and promote Mali's economy. Mali and Mauritania share a common border of over 2,000 km in four regions: Kayes, Koulikoro, Segou, and Timbuktu.

In addition to improving the road network, the two countries have been working for years to address the difficulties associated with escorting transporters and the large number of checkpoints. Barriers to trade have raised transport cost and travel time.

Romuald Ngueyap

On the same topic
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project Deal targets Mediterranean real estate and tourism...
GTCO wins CBN and SEC approval for 10 billion naira private placement Fundraise aims to meet holding company prudential capital...
Togo parliament approves 2026 budget at 2,751.5 billion CFA francs Budget rises 12.93% from revised 2025 spending levels Measures include...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect borrower data, expand regional credit information...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
03

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
04

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
05

The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...

Gates Foundation, ADQ Invest $40M in AI for African Education
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.