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African Countries Told to Create Special Fund for Road Maintenance

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African Countries Told to Create Special Fund for Road Maintenance

(3 Minutes Read)

The basic objective of holding the event was to exhort African countries to have at least one road maintenance fund that meets the standards. The African Union can impress upon all member countries to have a road maintenance fund of such and such a standard.

The event with the theme “Towards sustainable financing of road funds for better maintenance of the African road network”, was presided over by the Ivorian Prime Minister Robert Beugré Mambé.

The basic objective of holding the event was to exhort African countries to have at least one road maintenance fund that meets the standards. The African Union can impress upon all member countries to have a road maintenance fund of such and such a standard.

With an investment of over USD 5 million for a linear road network of 82,000 km, Ivory Coast was described as one of the African countries with a vast road network. Côte d’Ivoire’s road network comprises 5,000 km of urban roads and just over 200,000 km of unclassified rural roads. These dense road networks. represent 40% of the West African Economic and Monetary Union road network. This gives Ivory Coast one of the highest road coverage rates in the sub-region” according to Robert Beugré Mambé.

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 https://trendsnafrica.com/south-africans-asks-for-good-road-network/

 About 55 percent of roads in Africa are paved according to a 2023 report released by the Africa Investment Forum. Experts say the continent’s road infrastructure deficit creates increased production and transaction costs that must be addressed to scale opportunities.