Public Management

AfDB reassures construction of the Lagos-Abidjan road will start by 2022

AfDB reassures construction of the Lagos-Abidjan road will start by 2022
Friday, 27 December 2019 17:26

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Telecom operator launches KES40 billion medium-term bond program First KES15 billion tranche offered at a fixed 10.40% rate for five...
16 of Nigeria’s 36 banks have met new capital requirements by Nov. 2025 Recapitalization aims to boost sector strength before March 2026...
Yvon Sana Bangui elected president of the Association of African Central Banks One-year term includes steering governors’ meetings and advancing...
Access Holdings to seek shareholder approval for ₦40B private placement on Dec 18 Deal aims to boost capital base amid new CBN recapitalization rules...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
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

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
04

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
05

Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing...

Senegal, West African Development Bank Create Fund to Monetize Public Assets
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.