BOAD lends XOF10 billion support to the Government of Niger
Lomé, 30 July 2018. Mr. Christian Adovelande, President of the West African Development Bank (BOAD), and Mrs. Kane Aichatou Boulama, Minister of Planning of Niger, have signed a loan agreement under which BOAD extends to the Republic of Niger an amount of XOF10 billion for the partial funding of the proposed upgrading and asphalting of city thoroughfares in Zinder.
The purpose of the project is the upgrading and asphalting in 2 double-lane carriageway of the crossing of Zinder over a stretch of 8.43 km. This road is the urban section of the trunk road RN11, which forms part of the community road CU3a under the WAEMU community programme of action for road transport infrastructure (PACITR), and a link of the trans-Saharan road connecting Algiers to Lagos. The implementation of the project will help improve the living conditions of the population and urban mobility in the city of Zinder.
The project is part of the main road rehabilitation programme in the chief towns of Niger’s inland regions, which has already availed of BOAD’s support to finance the upgrading of 70 km of city thoroughfares in Niamey, in 2013, and the Maradi road network upgrading project in 2015.
This new loan brings BOAD’s total commitments to Niger (all sectors combined) to XOF518.8 billion, including XOF234.6 billion to the road transport infrastructure sector, accounting for 45.22% of total commitments in the country.
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