Plant Equipment and Hire February 2018 | Page 16

BUSINESS i. Agriculture: Agriculture remains one of the most untapped resources that can lift Africa out of poverty and ensure food security. For that to happen, the drivers of growth in the sector need to be transformed radically, including through the provision of all-weather transport access to farmers, particularly in the remotest parts of the continent. The provision of reliable and efficient transport systems can bring about as much as a 30pc reduction in post- harvest losses and contribute to competitiveness of farm commodities. ii. Industrialisation: At the heart of industrialisation is the requirement for an efficient and cost-effective transport and logistics system that ensures seamless movement of commodities and products along the value chain. By lowering the cost of transactions, including mostly transport, Africa can make its goods more competitive and allow it to increase its share of regional and global trade. Projects in this category would include critical missing links between industrial nodes and ports or airports to commercial centres and markets, as well as urban roads and interchanges. Table 1: Approved in 2016 Country Project Amount (million) Multinational (Nigeria / Benin, Togo / Ghana / Côte d’Ivoire) Abidjan-Lagos Corridor Highway Study (1 028km expressway; 4 borders) USD15.00 Ghana Accra Urban Transport Project (3-tier interchange; 10km local roads) USD83.90 Multinational (Mauritania / Senegal) Rosso Bridge construction (a cross- border bridge; 2 OSBPs; 61km rural roads, and 4km urban roads) USD40.70 Multinational (Bénin / Togo) Lome-Contonou Road rehabilitation (phase 2) and coastal protection (30km of expressway; 13km coastal protection) USD40.80 Côte d’Ivoire Abidjan Urban Transport Project – 88km expressways; 4th bridge (1 400m) USD263.70 Country Project Amount (million) Senegal Cities Modernisation Programme – Phase 1 (Promovilles 1) EUR135.70 Senegal Projet Train régional (mobilité urbaine) – TER EUR866.89 Multinational (Guinea – Sierra Leone) Roa