| Code: 152986 |

TINNews |

The African Development Bank Group (AFDB) is set to provide funding of €48m from the African Development Fund (ADF) for the reconstruction of the border road from Guinea to Sierra Leone.

The Guinea to Sierra Leone road project has been jointly funded by the ADF, the European Union (EU), and the Government of Guinea.

The project works will see reconstruction and improvement of 75km of the road stretch, including bridge structures between the Coyah area in Guinea and the border with Sierra Leone.

Upon completion, the project will establish an interconnectivity of customs between the two countries, joint import-export controls and capacity building for customs administration in Guinea.

The new road will also feature safety measures such as monitoring of lorry axle-weights.

The ADF’s €48.02m contribution includes a loan of €26.62m and a grant of €21.4m.

"Upon completion, the project will establish an interconnectivity of customs between the two countries, joint import-export controls and capacity building for customs administration in Guinea."

In addition to the ADF funding, the project will receive a €29.6m grant from the EU, while the Government of Guinea will contribute €460.000, raising the total cost to €78.08m.

The project is part of the AFDB’s ten-year strategy for 2013-2022 in terms of boosting infrastructure and promoting regional integration in Africa.

The road reconstruction project is expected to improve the quality of life of Africans through substantial direct employment during the four-year reconstruction period.

Additionally, the project will create access roads to farming areas where crops such as rice, cassava, corn, tubers, palm oil and fruit are produced.

 

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