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African Development Bank Funds Major Road Building Scheme in Sierra Leone

Matotoka to Yiyi road construction project

The African Development Bank will hold its 50th Annual Meeting in Abidjan, Côte d’Ivoire, from May 25-29, 2015. The Meetings will see the election of a new Bank President, one of the most important decisions for the institution and the continent.

The 50th anniversary of the establishment of the Bank will also be marked. In a recent press release, the current President Donald Kaberuka stated that fifty years is a major milestone for an institution, as it is for an individual. The celebrations will not be festive, but a solemn occasion to pause and look back at this fifty-year journey.  A moment to look ahead at the mountains we must still climb.

The Bank has approved over 4,501 projects amounting to US $118.7 billion since 1967 when it commenced operations to the end of 2013.

Construction of Matotoka to Sefadu Road in Sierra Leone
In 2014 the African Development Bank provided US $ 10m grant to Sierra Leone for public financial management. The Bank is currently funding the 70 Km Matotoka to Yiyi road construction project.

In its commitment to pioneer energy projects to bring relief to Mano River Union countries, the African Development Bank has also provided Eur145 million to secure power supply for the four Mano River Union member countries, and the project will be implemented between 2014 and 2017.

Prepared by Laurence Pratt, Individual Civil Engineering Consultant registered in the African Development Bank (DACON) database.