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New funding for W Africa infrastructure.

The World Bank has approved a $190m package to upgrade transport infrastructure in Burkina Faso, Ghana and Mali. The project supports the Nepad transport agenda of "trade corridors without borders and barriers", which aims to encourage trade and economic integration in the sub-region. The funding comprises three International Development Association (IDA) credits of $70m to Burkina Faso, $80m to Ghana and $40m to Mali. The project will improve access by Burkina Faso and Mali to Ghanaian ports, improve port operations and facilitate the movement of traffic along the Tema-Ouagadougou-Bamako road transport corridor.

"As a result, we should see more reliable services, lower general transport costs and better road infrastructure sections along the corridor to better integrate Burkina Faso and Mali to the ports of Ghana and an improved inter state road movement of goods along the corridor," says the World Bank.
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Title Annotation:Transport
Publication:African Business
Article Type:Brief article
Geographic Code:0BANK
Date:Aug 1, 2008
Words:141
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