Public Management

World Bank grants $470mln to improve traffic on the Lomé-Ouagadougou-Niamey road corridor

World Bank grants $470mln to improve traffic on the Lomé-Ouagadougou-Niamey road corridor
Wednesday, 21 July 2021 18:07

The World Bank announced an investment of $470 million to accelerate the development of the Lomé-Ouagadougou-Niamey road corridor.

The grant, decided by the World Bank’s Board last July 15,  will be provided by the International Development Association (IDA) to improve the quality of transport and transit services along this 1,065 km corridor, which links the three capitals of Togo, Burkina Faso, and Niger. The ultimate objective is to develop trade and reduce transport time for goods imported and exported via the port of Lomé and between the three countries.

This is a major and vital axis that accounts for 28% of Niger's GDP and 7% of its population, 40% of Burkina Faso's GDP and 21% of its population, and 72% of Togo's GDP and 65% of its population.

“The LON corridor is of strategic importance to Burkina Faso, Niger, and Togo, and we are dedicated to supporting the countries to unleash its economic potential,” said Anne-Cecile Souhaid, Senior Transport Specialist at the World Bank, and Task Team Leader for the project.

“This project facilitates regional cooperation by combining support for transport and trade networks with institutional reforms and logistics services to collectively address the challenges shared by the participating countries.”

The scope of the project also includes assistance in improving customs procedures, the transport data management system, and the professionalization of transport actors. A social component is also planned with the rehabilitation of health centers, schools, and related infrastructure.

Once the project is completed, the financial institution estimates that, in addition to improving road safety, freight travel time from the port of Lomé to Niamey will be reduced by 25%, and border truck traffic between Togo and Burkina Faso will be reduced by 62% and by 54% between Burkina Faso and Niger.  More importantly, this project will also generate strong and inclusive growth in local communities, addressing gender disparities and benefiting millions of people. It is expected that the percentage of women among certified professionals in the trucking and logistics industry will increase from 0 to 15%.

Romuald Ngueyap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
PenCom licenses Awabah as the first approved pension agent Move targets informal and self-employed workers under the micro pension scheme Reform aims...
Mali plans to raise CFA1,450 billion on the WAEMU financial market in 2026 Issuance will be spread quarterly through Treasury bills and bonds Regional...
S&P expects loan growth and asset quality to improve across most African markets Strong growth is forecast in Egypt, Morocco, and Nigeria, with a mild...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists Loans granted by Togolese microfinance institutions...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
04

Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...

Ghana’s president to visit Zambia to deepen economic and trade cooperation
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
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.