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LOANS & CREDITS

Ghana/Benin/Togo: Abidjan-Lagos Trade and Transport Facilitation Program

March 23, 2010




IDA Credit: US$228 million

Benin Terms: Maturity = 40 years; Grace = 10 years

Ghana Terms: Maturity = 35 years; Grace = 10 years

Project ID: P116323

Project Description: The funding for the Abidjan-Lagos Trade and Transport Facilitation project will help overhaul the main transport artery stretching along the West Africa coast from Abidjan to Lagos, and the customs and immigration posts and systems located on it. This regional operation will help improve the movement of people and facilitate trade between the five countries served by corridor―Côte d’Ivoire, Ghana, Togo, Benin and Nigeria. The 998.8 km coastal corridor links some of the largest and economically most dynamic capitals in Africa (Abidjan, Accra, Lomé, Cotonou and Lagos), and serves a population of over 35 million people. Several segments of the corridor account for the highest traffic in West and Central Africa, with up to 10,000 people and several thousand vehicles crossing borders each day.


Media Contacts
Francois Gouahinga
Tel : (202) 473-0696
fgouahinga@worldbank.org

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