TOGO PRESIDENT DISCUSSED RN1 UNITY HIGHWAY FUNDING PLANS WITH AfDB BOSS

TOGO PRESIDENT DISCUSSED RN1 UNITY HIGHWAY FUNDING PLANS WITH AfDB BOSS

The President of Togo, Faure Gnassingbé, and the President of the African Development Bank (AfDB), Akinwumi Adesina, met on February 27, 2024. The meeting focused on mobilizing funds to implement the RN1 Unity Highway (Lomé-Cinkassé) project. The RN1 Unity Highway project requires a $2.9 billion investment. The AfDB and its partners will provide the funds.  Gnassingbé and Adesina explored strategies to attract investors to the project. The project should bolster Togo’s position as a logistics hub…

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AFDB PRESIDENT EXPRESS SATISFACTION OVER FUNDS USEAGE FOR POKUASE INTERCHANGE IN GHANA

AFDB PRESIDENT EXPRESS SATISFACTION OVER FUNDS USEAGE FOR POKUASE INTERCHANGE IN GHANA

The President of the African Development Bank, Akinwumi Adesina, has commended the government for putting the Pokuase Interchange money to the benefit of the country. The US$84 million the bank gave the Government of Ghana was for a Three-Tier interchange, but that same amount was used to construct all four tiers, a feat that must be commended, he stated. Mr. Adesina made this remark when accompanied by officials of the bank to inspect and finally…

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AfDB LOANS USD 455 MILLION FOR CONSTRUCTION OF TANZANIA’S NEW AIRPORT

AfDB LOANS USD 455 MILLION FOR CONSTRUCTION OF TANZANIA’S NEW AIRPORT

African Development Bank (AfDB) approves USD 455 million for the construction of a ring road and Tanzania’s new airport in the new capital Dodoma. The President of AfDB Akinwumi Adesina approved the loan at the bank’s headquarter in Abidjan in a meeting with the Minister of Foreign Affairs and East African Cooperation Palamagamba Kabudi. According the Adesina the loan was approved a means of supporting the economical improvement noticed with President John Magufuli. Also he…

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