US$48.2 million Loan Approved for road construction project in Côte d’Ivoire

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The West African Development Bank (BOAD) has approved a CFAF30 billion (US$48.2 million) loan to support the construction of a road project in Côte d’Ivoire.

The funding has been allocated to facilitate the construction of the 69.5 km Bouake-Kobo road segment, a crucial part of the northern highway known as the Bouake-Kanawolo route. This route plays a vital role in linking the Port of Abidjan to Burkina Faso and Mali. The northern highway spans across Abidjan, Yamoussoukro, Tiebissou, Bouake, Katiola, Kanawolo, Ferkessedougou, and Ouangolodougou, situated near the border with Burkina Faso and Mali. The construction of this highway is carried out in stages.

One of the phases launched in 2018 involved building a 96 km stretch connecting Tiébissou to Bouake, thereby establishing a direct link between Abidjan and Bouake. China Road and Bridge Corporation served as the contractor, with financial support from the Export-Import Bank of China. With the completion of the 36.5 km Yamoussoukro-Tiebissou section in December 2022, a total of 362km of highway now connects these two cities.

List of the country updates

Country updates

  • September 15, 2023

    Bids invited to upgrade 11 km border road in Côte d'Ivoire

    AGEROUTE has invited bids to upgrade and resurface the 11 km Bondoukou - Soko - Ghana Border Road in Côte d'Ivoire. The development and surfacing work on the Bondoukou-Soko-Ghana Border road (1...

    Read more
  • May 18, 2023

    Construction for Abidjan-Lagos Corridor Highway to begin in Ghana

    The construction of the 6-lane dual carriageway Abidjan-Lagos Corridor has been announced to begin in 2024. The Abidjan-Lagos Corridor, a key initiative of the Programme for Infrastructure Developmen...

    Read more
  • January 17, 2023

    Construction begins for USD1.91 billion Metro PPP project in Côte d'Ivoire

    The Government of Côte d'Ivoire has announced the beginning of construction for the Line 1 Abidjan Metro public-private partnership (PPP) Project.

    Read more
  • August 03, 2022

    Construction works started for USD516 million Cargo Terminal PPP project in Cote d'Ivoire

    MSC Mediterranean Shipping Company (MSC), the project owner for the Terminal Industriel Polyvalent de San Pedro (TIPSP) concession, has started the construction works for the terminal in Cote d´...

    Read more
  • May 27, 2022

    AfDB and Swedfund to promote private sector participation in power transmission in Africa

    The African Development Bank Group (AfDB) and Swedfund International AB (Swedfund) have formalized a collaboration agreement to promote private sector participation in independent power transmission l...

    Read more

Share this update