Togo signs agreement with Islamic Development Bank

20/01/2016
Togo signs agreement with Islamic Development Bank

Ahmed Mohamed Ali

Togo has signed three funding agreements worth 194 million U.S. dollars with the Islamic Development Bank (IDB).

The agreements were signed on Wednesday in Jeddah during the visit to Saudi Arabia by Togolese President Faure Gnassingbe.

The documents were signed by Adji Otèth Ayassor, Togo’s Finance minister and IDB president Ahmed Mohamed Ali.

The first agreement worth around 131 million U.S. dollars concerns the construction of Adoua-Kara road which links five regions in Togo. Its completion will enable Burkina Faso to have direct access to Lome port.

“The project will enable the Togolese government to improve the state of this strategic road, increase security and road safety, and also promote integration between Togo and its landlocked neighbouring countries,” Mohamed Ali said.

The second funding agreement will go towards improving and expanding access to basic education as well as supporting concerned institutions.

It will create learning opportunities for 16,800 students at primary and lower secondary levels, besides providing learning materials.

The funds will also be used on training of 1,500 teachers both at primary and secondary level.

The entire project will see contribution from the IDB worth more than 16 million U.S. dollars.

The third agreement concerns the energy sector. It will see 46 million dollars spent on electrification of 43 villages in northern Togo. 

Commentaires

Loading comments ...

Loading comments ...

IL NE FALLAIT PAS MANQUER

Le Roy : 'Adebayor est très important pour nous'

Sport

Adebayor a été incroyablement physique contre la Côte d’Ivoire. Claude Le Roy ne tarit pas d'éloges sur le capitaine des Eperviers.

Eléphants et Eperviers se séparent sur un nul

Sport

Le Togo et la Côte d’Ivoire ont fait match nul lundi à Oyem (0-0). La CAN commence bien pour les Eperviers.

Les raisons de la mort violente d'une Togolaise à Washington

Faits divers

Le meurtrier présumé de Waliyatou Amadou, une jeune togolaise de 23 ans poignardée à mort à Washington, est sous les verrous.

Les Eperviers sont motivés à bloc

Sport

Les Eperviers ont quitté Lomé vendredi matin pour Libreville Ils affronteront le 16 janvier la Côte d’Ivoire dans le cadre de la Coupe d’Afrique des Nations (CAN).