SUPPLEMENTARY GRANT-STUDY FOR THE ABIDJAN # LAGOS CORRIDOR HIGHWAY DEVELOPMENT PROJECT (AFDB-P-Z1-DB0-234)

Regions
  • Africa
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
Approved
Bank Risk Rating
U
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
Apr 17, 2020
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.
Borrower
DEPARTEMENT DES INFRASTRUCTURES COMMISION DE LA CEDEAO
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 7.02 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 UA 9.9M
Converted using 2020-04-17 exchange rate.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 14, 2020


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Project Description

The proposed intervention is an ADF supplementary grant of UA 9.9 million to the ECOWAS Commission to cover the Study for the Abidjan – Lagos Corridor Highway Development Project remaining financing gap. The Abidjan - Lagos Corridor is a flagship project of the Programme for Infrastructure Development in Africa (PIDA). The transport corridor forms part of the wider Dakar-Lagos Corridor, and is a major part of the Trans African Highway Network within the ECOWAS region. The Study aligns with the Bank’s strategies on regional integration and infrastructure development as well as the development objectives of the respective countries and ECOWAS. The implementation of the study experienced substantial initial delays in the recruitment of the engineering design (component 1- Feasibility and Detailed Engineering Design Studies) consultants. When implemented, the project will contribute significantly towards: (i) strengthening the subregion and continent’s aspirations to integrate, facilitate intra-regional trade and boost economic development; (ii) stimulate a regional value-chain and a network of economic platform for development of the corridor. In addition, the outcome of the study will initiate partnerships with the private sector on the investment on a regional scale. This study, when completed, will constitute a critical project development milestone for the corridor as a whole.

The objective of the Abidjan-Lagos Corridor Highway Study is to identify and establish, the necessary project factors, encompassing hard and soft infrastructure components as an approach to addressing regional trade and integration along the Abidjan-Lagos corridor. The project study will benefit to ECOWAS Commission and Member States.

Investment Description
  • African Development Bank (AFDB)
Contact Information

NameEHOUMAN Lydie

Emaill.ehouman@afdb.org

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.