Construction of the Lagos-Abidjan corridor, the deal which was signed since March 2014, will start by 2022. The good news was announced by AfDB Chairman, Akinwumi Adesina, on the sidelines of the 56th Ordinary Session of the ECOWAS Authority of Heads of State and Government held Saturday in Abuja.
“The Lagos-Abidjan highway will become a reality [...] That’s why the African Development Bank has provided 11.1 million dollars to the ECOWAS Commission to develop the Master Plan for the Lagos-Abidjan highway corridor,” the leader said.
“And we will be providing an additional 13.5 million dollars for the feasibility studies to be completed in 2020. We expect that construction will start in 2022,” he added. The project is also receiving assistance from the European Union. It is one of the 16 projects included in the Priority Action Plan (PAP) of the African Union's Continental Program for Infrastructure Development in Africa (PIDA).
The six-lane highway is 1,028 km long and includes 8 border crossing points, linking some of the largest and most economically dynamic cities in West Africa (Abidjan, Accra, Cotonou, Lomé, and Lagos). The stakes for the region, under this project, are high as the Lagos-Abidjan corridor will also connect West African seaports to all landlocked countries namely Burkina Faso, Mali and Niger.
Romuald Ngueyap
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Mauritanian Zeine Zeidane has been appointed director of the IMF’s Africa Department. A former prime minister and an IMF official for more than a decade,...
Africa’s sports economy could expand from $12bn to $30-35bn over the next decade Tourism contributes up to 8% of GDP across the continent,...
A two-year partnership will support women entrepreneurs with finance and training The initiative targets underserved and refugee-hosting...
Chevron has taken a final investment decision on the Aseng Gas Monetisation project. The project targets 550 billion cubic feet of gas with an...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...