World Bank to fund a $15 million road project in Guinea-Bissau
Friday, 17 August 2018 18:12
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
Live News
-
Vietnam Eyes Opportunities in Senegal’s Growing Digital Market
17:18
-
Mali Approves $238 Million Loan for 138-km Sandaré-Diéma Road
16:58
-
Africa Faces 'Critical' Digital Skills Gap as Youth Population Booms, UN Warns
16:49
-
Wawa 1 Launches Its Five-Year Communal Development Plan
16:46
-
How Renewable Energy Could Forge a New African Economic Bloc
16:41
-
Inflation in Cameroon Drops for Fifth Straight Month in June 2025, But Regional Gaps Persist
16:21
-
With Flend, Ahmed Zaki Dreams of a Financially Inclusive World
16:06
-
Samsung Intensifies Support for Black Digital SMEs in South Africa
16:05
-
Belife Insurance Enters Togo Market With Prudential Acquisition
15:22
-
Gour Lentell Makes Mobile Data Free for Users
15:20
The acquisition signals rising confidence in Africa’s digital infrastructure as a viable, long-term ...
The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...
By linking ECOWAS countries, the project enhances regional digital infrastructure, which is crucial ...
Highlights: • New 1% US tax on outbound remittances to take effect January 1, 2026• Africa received...
France will return the skull of a Sakalava king, along with those of two of his warriors, to Madagas...
Senegal and Vietnam discussed digital tech cooperation on July 23. Talks support Senegal’s goal to become a digital hub and expand rural...
Mali approved a $238M World Bank loan to build key roads, including Sandaré-Diéma. Project boosts the Bamako-Dakar trade corridor and rural...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth inclusion. Developing these capabilities widely is...
New industrial and trade dynamics are emerging in Africa, driven by renewable energy. The REN21 network analyzes how these value chains could strengthen...
Perched in the rugged heights of the Djebel Nefoussa in northwestern Libya, Qasr Al Haji (also spelled Ghasr Al-Hajj) is a striking example of traditional...
In southeastern Morocco, near the Algerian border, lies Merzouga—a small village at the heart of the Saharan desert, known for its monumental dunes and...