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