China Eximbank pledges $1.3 billion concessional loan for construction of the Ouagadougou-Koudougou section of the Ouagadougou-Bobo-Dioulasso highway

On April 16, 2019, China Eximbank pledged a concessional loan of $1.3 billion for the construction of the Ouagadougou-Bobo-Dioulasso highway (333 km) in Burkina Faso. The China Harbor Engineering Company Ltd. (CHEC) is in charge of the construction of the infrastructure, particularly in its Ouagadougou-Koudougou section (110 km). This project is part of the Yamoussoukro Ouagadougou highway, one of the largest integration projects of the Treaty of Amity and Cooperation (TAC) between Burkina Faso and Côte d'Ivoire signed on July 28, 2008. The Ouagadougou-Bobo-Dioulasso highway is to be completed in 3 phases. The project was projected to start in January 2020 and would eventually reach the border with Ivory Coast. As of September 2020, technical studies and feasibility studies had been completed and this project was in the negotiation phase.

Additional details

1. According to Africa Logistics Magazine, “Since 2016, we have completed the technical studies of the Ouagadougou-Bobo-Dioulasso section with a length of 333 km with funding from the State budget. We have a complete and completed file which awaits only the execution"

Number of official sources

3

Number of total sources

13