Public Management

Congo sets about $11mln aside for road projects

Monday, 20 September 2021 20:09
Congo sets about $11mln aside for road projects

(Ecofin Agency) - Congo currently has 24,000 km of roads, but only 4,000 km are paved, half of which are currently under concession. Pending a national plan to strengthen its infrastructure, the country is focusing on maintaining the few existing kilometers.

At its meeting on Tuesday, September 14, the Congo Road Fund adopted a budget of CFA6.105 billion (about $11 million) for its activities in FY2021-22. This amount is double the CFA3 billion adopted in FY2020-21 but is still lower than that over the years before 2020. "This year's Road Fund budget is insignificant and will not meet the challenges expected. Until 2014, our budget reached CFA60 billion," said the Road Fund MD Elenga Obat Nzenguet.

The institution has initiated some projects, some of which will start by the end of the year. These include the construction of crossing structures and a "bridge over the Louala River between Mouyondzi and Kingoué," which are strategic spots in the country, located halfway between Brazzaville and Pointe-Noire.

The Congo Road Fund is responsible for financing programs to protect the national road heritage, ensure road safety, maintain the road network, and carry out road rehabilitation and development programs.

Henoc Dossa (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

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

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

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

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.