{"id":463028,"date":"2018-10-30T21:53:23","date_gmt":"2018-10-30T21:53:23","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=463028"},"modified":"2018-10-30T21:53:23","modified_gmt":"2018-10-30T21:53:23","slug":"cote-divoire-afdb-216-billion-to-strengthen-road-infrastructure-in-abidjan","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/10\/30\/cote-divoire-afdb-216-billion-to-strengthen-road-infrastructure-in-abidjan\/","title":{"rendered":"C\u00f4te d’Ivoire: AfDB 216 billion to strengthen road infrastructure in Abidjan"},"content":{"rendered":"
<\/div>

The African Development Bank has just approved, on October 16, a new financing of 329.47 million euros, or 216,12 billion FCFA, as part of the vast urban transport project of Greater Abidjan.<\/p>\n

This second tranche aims to strengthen road infrastructure in the western and northern parts of Abidjan paving the way for the cities of Dabou and Adzop\u00e9, areas of extension of the Ivorian economic capital. Thus, the ADB notes, this envelope will be used to transform 88 km of roads threatened with saturation in urban highways and thus double the flow capacity of the traffic. Concretely, it will be the roads of Dabou (the section between Yopougon and the junction of Jacqueville) and Adzop\u00e9 (between Yopougon and Thomasset).<\/p>\n

The works will also concern the development of the northern section of the Y4, the ring road around Abidjan, as well as the famous boulevard Latrille which will be extended and split. In addition, the project plans to rehabilitate traffic lights at 90 intersections and install an intelligent traffic control system.<\/p>\n

In addition, the funding will enable “the construction of four multifunctional centers, the rehabilitation of commercial infrastructure and some 3,000 women will be equipped with equipment to develop a business generating income.”<\/p>\n

“This project is an integrated project, which will enable the most disadvantaged populations of Yopougon, Songon in the west, Abobo and Anyama in the north, which have poverty rates of 40 to 70%, access to low-cost areas for employment, “said Marie-Laure Akin-Olugbade, Executive Director of the Bank for West Africa.<\/p>\n

A \u20ac 567 million AfDB support<\/p>\n

This \u20ac 329.47 million loan is the second tranche of \u20ac 567 million in financial assistance granted by the AfDB as part of a major integrated urban development program initiated by the Ivorian government, valued at \u20ac 770 million. euros.<\/p>\n

A first tranche of \u20ac 237.52 million was granted in October 2016 to finance the construction of the 4th Abidjan Bridge, connecting the communes of Yopougon and Plateau, whose work was launched on July 30th.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The African Development Bank has just approved, on October 16, a new financing of 329.47 million euros, or 216,12 billion FCFA, as part of the vast urban transport project of Greater Abidjan. This second tranche aims to strengthen road infrastructure in the western and northern parts of Abidjan paving the way for the cities of<\/p>\n","protected":false},"author":536501,"featured_media":463032,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15176,12040],"tags":[12822,12840,44],"class_list":{"0":"post-463028","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-infrastructure","8":"category-international-institutions","9":"tag-abidjan-en","10":"tag-afdb-en","11":"tag-cote-divoire","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"\nC\u00f4te d'Ivoire: AfDB 216 billion to strengthen road infrastructure in Abidjan - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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