(Ecofin Agency) - Mauritania signed with the Arab Fund for Economic and Social Development (AFESD) a loan agreement worth $170.8 million to finance the construction of 4 road lots on the Tidjikja-Kiffa-Sélibaby-Mali border line.
The related agreement was initialed on Friday 25 October 2019 in Nouakchott by the Minister of Economy and Industry, Sheikh El Kebir Moulaye Taher, and the legal advisor to the MD of FADES, Ahmed Abdel Havidh M'heid, in the presence of the Minister of Transport.
The 358 km infrastructure aims to improve the national road network and contribute to better integration between Mauritania and Mali. The first section will connect Tidjikja to Goudia (92 km), the second will connect Goudia to Boumdeïd (70 km), the third will connect Kankossa to Leboulli (97 km) and finally, the fourth segment, 99 km long, goes from Leboulli to Gabou towards the border with Mali.
According to the Mauritanian government, the project will also improve the economic situation of populations living in the border areas.