Ghana - Eastern corridor road development programme - phase 1 (AFDB-P-GH-DB0-018)

  • Ghana
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 26, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 41.98 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported U.A 58,300,000
Converted using 2019-06-26 exchange rate.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 15, 2020

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Project Description

The Transport Sector in Ghana has been providing efficient transportation services that serve as a catalyst for economic growthanchoring on itsvision to provide "an integrated, efficient, cost-effective and sustainable transportation system responsive tothe needs of society, supporting growth and poverty reduction and capable of establishing and maintaining Ghana as a transportation hub of West Africa".The Eastern Corridor along which this project is located is defined as National Road -N2 -approximately 695kmand one of three north-south corridors (Eastern, Central and Western corridors) in the country,linking the southern coastal seaports to the hinterland and landlocked neighbours in the north. Itis a strategic alternative route to the main Central Corridor, shorterrouteby almost 200km and does not have as many bottle-necks such as major urbanised towns. This proposed project is expected to be financed by the Bank, OFID and GoG and parallel financed with JICA.

The primary objective of the Eastern Corridor Development Programme (Phase 1)is to contributetowards an efficient transportation system that promotes Ghana's ports and corridors to enhance inclusiveness, stimulate socio-economic development and facilitate domestic and regional trade and integration.The specific objective of the project isto: i)enhanced travelalong the Eastern Corridor;ii) reduce road accidents; iii) improve basic social service delivery; iv)increasein value added agricultural products and exports; v) improved transit trade.

The direct beneficiaries of this road project includes transporters along the road and community dwellers mostly engaged in farming, agro-processing, trading, social services and tourism. The target population of over 5.4 million are to benefit from the project. The beneficiaries aremainly the most vulnerable segments of the population including youth, women and children with emphasis on rural poor in the beneficiary districts-Shai-Osudoku, North Tongu, and Ho-West.

Investment Description
  • African Development Bank (AFDB)
Contact Information

AKYEA Sheila Enyonam


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