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
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Morocco mandates fiber-optic links in all new buildings from November 6 Policy supports Digital Morocco 2030 and national broadband expansion...
Uganda mulls separating airport operations from civil aviation regulation Proposed split aims to align with global norms, boost oversight, and...
Nigeria launched digital platform to automate civil service workflows and documents System includes e-signatures, centralized records, hosted on...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launching a national AI academy for local sector...
The second edition of Salon International de la Musique d’Afrique (SIMA) launched in Cotonou on Thursday, November 13. This year's event in Benin marks a...
Benin approves Club Med resort in Avlékété to boost tourism sector 25-hectare site to feature 336 rooms, pools, spa, and sports...