In June 2021, Senegal launched works to improve roads, and therefore open up the Dandé Mayo region, in the northeast. In its bid, the country is supported by international partners.
The Saudi Fund for Development (SFD) will loan Senegal US$47 million for the rehabilitation of the Orofondé-Nguidjilone road. The related loan agreement was signed at the Senegalese Ministry of Economy on Tuesday, August 23.
The project aims to widen the 62-km road and make it more secure per standards approved in the WAEMU region, the SFD explains. The project will also help facilitate access to transport and telecommunication services for surrounding inhabitants.
"This very important project will not only open up the region but also boost trade between the Dandé Mayo area and the rest of the country while improving inhabitants' living conditions. In addition to improved mobility, they will have easier access to basic social services, health care facilities, and education," reads a release from the Senegalese Ministry of the Economy.
The rehabilitation project is the second phase of the 104-km Dandé Mayo Nord road construction project, which is funded by the Senegalese government and its international partners (the SFD and the West African Development Bank).
The project also includes the construction of seven bridges to open up Dande Mayo, facilitate access to agricultural and mining areas as well as promote trade and economic cooperation with neighboring countries.
Jean-Marc Gogbeu
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Egypt offers oil storage facilities on the Red Sea to international companies as disruptions halt traffic through the Strait of Hormuz. The SUMED...
( AFRICA FASHION UP) - Africa Fashion Up, the must-attend event for contemporary African fashion in Paris, announces the launch of its call for...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households received compensation payments Project linked to...
Chad exploring telecom partnership with Ethiopia’s Ethio Telecom Talks cover 4G/5G networks, cloud, devices and digital finance Initiative aims to...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...