The African Development Bank (AfDB) and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study into a 1,000 kilometre highway linking Cote d’Ivoire’s commercial capital Abidjan and Lagos in Nigeria
Roads
Kenyan government will spend US$11.7mn to develop city roads
The Kenyan government will spend US$11.7mn to rehabilitate and upgrade 600 km of roads in Nairobi City
AfDB grants US$20mn loan for Ring-Road project in Cameroon
The African Development Bank (AfDB) has approved a US$20mn loan to the Republic of Cameroon to finance the construction of a Ring-Road project in the North-West province of the country
AfDB approves US$322mn loans for road upgrades in Burundi and Tanzania
The African Development Bank (AfDB) Group has approved loans and grant of US$322.35mn for Burundi and Tanzania to finance the upgrade of the Rumonge-Gitaza (45 km) and Kabingo-Kasulu-Manyovu (260 km) roads
BKT to build US$100mn tyre production factory in US
Balkrishna Industries Limited (BKT), one of the leading India-based off-highway tyre manufacturers, has announced a US$100mn construction project for a new production site that will serve both the US markets as well as the entire American region