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Article: Senegal: Senegal, Mozambique, Guinea Bissau and Comoros Share U.S.$ 113.85 Million AfDB Group Funding.
- Article from:
- TendersInfo
- Article date:
- July 17, 2009
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Byline: Mamta03
Senegal will receive a loan of CFAF 32.4 billion, equivalent to US$ 69.85 million (UA 45 million), to finance the Dakar-Diamniadio highway construction project, approved by the Board of the African Development Fund (ADF), the concessionary window of the AfDB Group.
The project, designed to improve road transportation, spur economic growth and regional integration, will involve the construction of a 31.60-km highway with toll stations providing a rapid link between Dakar and Diamniadio, gateway to a new economic development pole. It is one of the first Public- Private Partnership (PPP) projects in the road sub-sector, designed to meet ...