Enugu-Cameroon highway project will be completed this year – AfDB

The African Development Bank (AfDB) says the $430 million Enugu-Cameroon road project will be completed before the end of this year.

AfDB President, Akinwumi Adesina, said this at the 59th ordinary session of the Economic Community of West African States Authority of heads of state and government in Accra, Ghana.

In March 2007, Cameroon and Nigeria signed a memorandum of understanding (MoU) seeking funds from the bank and other development partners to execute the road transport corridor.

It was co-funded by AfDB, the governments of Nigeria and Cameroon, Japan Bank for International Cooperation (JBIC) and the International Development Agency (IDA).

The project was designed to strengthen trade and cooperation between the two countries.

“The $430 million highway linking Enugu in Nigeria to Bamenda in Cameroon will be completed this year and will transform trade opportunities between the two countries,” Adesina said.

He also said AfDB and the ECOWAS commission are working together to “finalize the feasibility studies for the landmark Abidjan-Lagos corridor by the end of this year.

“We expect construction for the corridor to commence within 24 months. This highway will link 85% of the trade volume in ECOWAS through the corridor.

“That’s who we are: Africa’s solutions bank! And Africa needs solutions to help it navigate through the very challenging times posed by the Covid-19 pandemic”.

The Abidjan-Lagos corridor is a flagship project of the Programme for Infrastructure Development in Africa (PIDA) that interconnects the capital cities of five western African states: Côte d’Ivoire, Ghana, Togo, Benin and Nigeria.

The corridor starts from Bingerville, a suburb of Abidjan, and terminates at Mile 2 in Lagos.

Trends Admin

Recent Posts

Nigeria will stop fuel importation by June – Dangote

Nigeria will stop fuel importation by June - Dangote Aliko Dangote, Africa’s richest person, has announced that…

2 hours ago

Rainstorms kill seven, many others injured

Rainstorms kill seven, many others injured No fewer than seven people have been confirmed dead as…

2 hours ago

Olanipekun, Yayale, Elechi, Yusuf Ali, others named higher institutions’ governing council chairmen

Olanipekun, Yayale, Elechi, Yusuf Ali, others named higher institutions' governing council chairmen President Bola Tinubu’s administration…

2 hours ago

Nearly 10,000 evacuated in Ukraine’s Kharkiv region after Russia attack

Nearly 10,000 evacuated in Ukraine’s Kharkiv region after Russia attack Nearly 10,000 people have been forced to…

2 hours ago

Police inspector dismissed, three others demoted over N29.8m theft

Police inspector dismissed, three others demoted over N29.8m theft Adabo Mohammed, a police inspector has been dismissed…

2 hours ago

Russia could increase Ukraine attacks, says Zelensky

Russia could increase Ukraine attacks, says Zelensky Ukrainian President Volodymyr Zelensky says Russia could increase…

2 hours ago