Government of The Republic of Mali

Rehabilitation of the Sevaré – Gao Road - OPEC Loan

Industry
Infrastructure/Road
Area of finance
Project & Infrastructure Finance
Country
Mali

Deal Overview

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...

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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 111 km stretch of road 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.  

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Deal Volume
$ 20m
Financial Close
02 July 2020

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Tranches


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Projects

Rehabilitation of the Sevaré – Gao Road

Brownfield
Road
Mali
$ 65.38m