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
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
WAF produced 107,728 ounces of gold in Q1 2026 Kiaka mine now accounts for the majority of output Company remains on track to meet annual...
Sonangol orders two LNG carriers worth about $511 million New vessels to support exports from Angola LNG project Move aligns with...
Speculative funds increased net long positions in wheat futures to a six-year high of 117,375 contracts. Wheat prices rose to $6.1 per...
Fortuna Mining reported 42,016 ounces of gold production in Q1 2026, up 9% year-on-year. The company maintained its annual production...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...