West Africa: Concrete move to breaking trade, transport barriers
The World Bank has approved a US$90 million grant to finance the Abidjan-Lagos Trade and Transport Facilitation Project.
A press release from the bank received by WADR says, the total cause of the project is nearly US$455.5 million, which will reduce trade and transportation barriers across West Africa.
The Abidjan-Lagos Trade and Transport Facilitation Project in Ivory Coast is the second phase of a regional programme including Ghana, Togo and Benin.
It will finance trade and transport facilitation activities along the 130kilometer coastal corridor in Ivory Coast, as well as trade facilitation reforms in Customs and in the Port of Abidjan.
“The Abidjan-Lagos Corridor links some of the largest and economically most dynamic cities in Africa — Lagos, Accra and Abidjan” says Madani M. Tall, the World Bank’s Country Director for Cote d’Ivoire, Benin, Mauritania, Niger, and Togo.
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