Public Management

Senegal: African Development Bank provides €29 million for development of road networks 6 Communes

Senegal: African Development Bank provides €29 million for development of road networks 6 Communes
Friday, 23 September 2022 15:03

The Board of Directors of the African Development Bank Group has approved a €28.88 loan for improvements to the road and transport network linking six Senegalese municipalities.  The loan was approved on 20 September 2022.

The financing will be sourced from savings from the Senegal Cities Modernisation Programme.

The funds will support the construction of 28 kilometers of urban roads in asphalt concrete, paving stones and concrete. These works will complement earlier project achievements including the construction of 45.4 kilometers of asphalt roads, 21.6 kilometers of paved roads and the rehabilitation of 11.2 kilometers of asphalt roads.

The target areas are Yeumbel Nord (Dakar suburbs), Keur Massar and Guédiawaye (Dakar region), Thiès (West), Kaolack (Centre-West) and Saint-Louis (North-West).

The financing will also be used for drainage, public lighting, and the construction or repair of cabins that can be used as restaurants and sheds. An empowerment centre will also be set up to advance women’s and youth employment. Under the initiative, local authorities will receive training in geographic information systems, database management, planning, investment programming and procurement.

The programme is expected to improve the competitiveness of the beneficiary cities, which will be able to undertake planned growth. The support to Senegal's first Cities Modernisation Programme demonstrates the Bank's renewed approach to supporting the development of urban areas. This approach, which combines investment in infrastructure and institutional capacity building, is all the more important as it focuses on medium-sized and peripheral cities, thus contributing to regional rebalancing.

Launched in 2017 to boost decentralisation and drive Senegal’s economic and social development in the country, the first Cities Modernisation Programme received €114.34 million in financing from the African Development Bank. It covers 13 municipalities in the country: Diourbel, Kaolack, Kolda, Louga, Matam, Saint-Louis, Tambacounda, Thiès, Ziguinchor, Guediawaye, Keur Massar, Yeumbeul and Mbour. Objective:

About the African Development Bank Group

The African Development Bank Group (AfDB) is Africa’s premier development financing  institution, It comprises three separate entities: the African Development Bank (ADB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Represented in 41 African countries and a field office in Japan, the Bank contributes to the economic development and social progress of its 54 regional member states. For more information, please visit www.afdb.org

logo BAD

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bank of Africa net income rose 12% to 3B dirhams by Sept. 2025 Growth driven by 17% rise in interest income, strong loan performance Credit cleanup,...
Egypt signs €53.8 million deal under the Green Sustainable Industries program Funding targets pollution cuts, energy savings, and resource...
Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing without IMF-recommended debt restructuring Eligible...
PIC raises its commitment to Enko Impact Credit Fund, reaching 86.7% of its target. The fund provides dollar-denominated private credit to mid-sized...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
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.