AfDB grants €12.3 million for Abidjan-Lagos road corridor project
The African Development Bank approved an additional funding of €12.33 million in favor of the ECOWAS Commission to cover part of the costs related to the study of the Abidjan – Lagos motorway corridor development project.
This corridor links the capitals of five West African states – Côte d’Ivoire, Ghana, Togo, Benin and Nigeria – and covers some 1,028 km and eight border posts. The current route of the corridor crosses the major economic centers of the five participating member countries, from Bingerville, in the suburbs of Abidjan, to Mile 2 (Eric Moore) in Lagos, the African Development Bank (AfDB) explained in a press release.
The Abidjan – Lagos project, an important regional trade and transport corridor, provides a link between economically dynamic cities in Africa, namely Abidjan, Accra, Cotonou, Lomé and Lagos. Its purpose is to strengthen trade and integration in West Africa, in particular by providing maritime port access to landlocked countries.
The transport sector in West Africa plays an essential role in the economic development of the region and generates around 5 to 8% of its gross domestic product. However, deficits in tangible and intangible infrastructure considerably reduce its impact on regional economic growth. The strategic importance of this project is due to the fact that the Abidjan-Lagos axis accounts for almost 75% of sub-regional commercial activities, said the AfDB press release.
This road axis joins other corridors along the North-South axis and connects landlocked countries such as Burkina Faso, Mali, Niger and Chad. It not only links the most densely populated and economically active areas of the West African sub-region but it also crosses a rail network and joins the main ports and airports.
The Abidjan – Lagos corridor is a flagship project of the Program for Infrastructure Development in Africa (PIDA), a continental initiative of which the African Development Bank is the executing agency. It is a component of the vast Dakar – Lagos coastal corridor project and constitutes an important section of the trans-African road network in the ECOWAS region.
