OPEC Fund helps finance Sevare–Gao road project in Mali
The OPEC Fund for International Development has signed a $20 million loan deal to finance a Mali road project aimed at improving links to economic centres and social amenities for around 2.7 million people.
The Rehabilitation of the Sevare – Gao Road (Sevare – Borr Section) project will refurbish a 111km stretch that comprises part of the National Road 16 in the Mopti region of central Mali.
The project includes ancillary works, such as providing road lighting at village crossings and potable water wells, as well as the rehabilitation of rural access roads. Opening up access and reducing travel costs will support key economic sectors that include agriculture, fishing and small business. The Arab Bank for Economic Development in Africa and the government of Mali are co-financing the project.
