Sunday, October 18, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
  • Deals
  • Investments
  • Real Estate
  • Economy
  • OpEds
  • Lifestyle
  • Sustainability
  • Women in Business
  • Technology
    • Phones
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » APO News » Chad: African Development Fund Provides €44 Million for Road Connecting Eastern and Southern Regions

Chad: African Development Fund Provides €44 Million for Road Connecting Eastern and Southern Regions

by
2 years ago
in APO News, Featured
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on WhatsApp

African Development Bank Group (AfDB)
Download logo

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved grants worth €44.16 million to Chad  on 22 November 2024 to construct the roughly 50 km Kyabé-Mayo section of the road between Kyabé and Singako. a distance of 49.5 km, combined with the construction of a 55-metre bridge.

Also Read

Naivas

Naivas Launches Kikwetu Kila Siku Campaign with Cars, Shopping Vouchers and Hundreds of Prizes Up for Grabs

17 October 2026
NewstrendsKE

NewsTrendsKE Sharpens Focus on Business and Corporate Intelligence for Kenya

16 October 2026
Load More

The funding comprises a grant of €3.2 million from the African Development Fund, the Bank Group’s concessional funding window and another grant of €40.96 million from the Transition Support Facility, a mechanism designed to provide additional concessional resources to countries facing situations of fragility and conflict.

The project will help open up the southern and eastern regions of Chad, and build resilience in target communities, especially for women and youth. It will help improve transport conditions for goods and people between Kyabé and Singako by creating a road that will be passable throughout the year and facilitate the flow of agricultural and agropastoral products from the fertile areas of Moyen Chari and Salamat to the consumption centres of Sarh, Moundou, N’Djamena and Abéché. It will also open up the region to neighbouring Sudan.

As a landlocked country in Central Africa, Chad is a long distance from the sea, and the new road will help to reduce the very high transport costs along the major regional corridors. The Kyabé-Mayo section of the road between Kyabé and Singako is one of the missing links in the N’Djamena-Moundou-Sarh-Kyabé-Am Timan-Abéché corridor and forms part of the critical priority network that the government of Chad wants to build to ensure permanent coverage and accessibility across the whole of the country.

The new road will help open up the country, provide better links to domestic and regional markets and strengthen the process of economic integration, particularly the effective implementation of the African Continental Free Trade Area (AfCFTA).

The project will be implemented over a five-year period, from 2025 to 2029.

“The Bank is one of Chad’s preferred financial partners in the transport sector and its intervention policy in this sector targets the country’s main agricultural production areas,” declared the Bank’s Director General for Central Africa, Serge N’Guessan, following the approval. “The Bank has already been involved in developing the Koumra-Sahr section of the N’Djamena-Abéché corridor. Its intervention on the Kyabé-Mayo section is therefore in line with other developments planned for this corridor and will be a tangible expression of the institution’s key support for Chad, with the aim of lifting it out of fragility and strengthening the resilience of its population, in a country with one of the least dense road networks on the continent,” added Mr N’Guessan.

The road will help to reduce the impact of pockets of fragility and poverty in the area and support the emergence of agropastoral processing activities driven by the private sector and building on the stock of key connecting road infrastructure. The area has a number of comparative advantages, making it ripe for promoting and developing promising sectors and processing products such as shea butter, groundnut, sesame and other crops.

The project includes activities related to gender equality, climate change and support for young people and women to help them achieve their full potential.

The Bank is one of Chad’s strategic financial and technical partners. The Country Strategy Paper (CSP) for Chad for 2023-2025 is based on two pillars: the first aims to develop infrastructure to secure strong and more diverse economic growth, while the second is designed to promote good governance to increase the effectiveness of public action and the attractiveness of the economic environment.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media contact:
Romaric Ollo Hien
Communication and External Relations Department
media@afdb.org

About the African Development Bank Group: 
The African Development Bank Group (AfDB) is the premier multilateral financing institution dedicated to Africa’s development. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NSF). The AfDB has a field presence in 41 African countries, with an external office in Japan, and contributes to the economic development and social progress of its 54 regional member states. For more information: www.AfDB.org

Previous Post

World Leaders Adopt Peace Pledge Amid Wars in Gaza, Lebanon and beyond

Next Post

RIOT Network and MediaTek collaboration expands digital access in South Africa through innovative, community-driven Wi-Fi solutions

Related Posts

Naivas
Deal

Naivas Launches Kikwetu Kila Siku Campaign with Cars, Shopping Vouchers and Hundreds of Prizes Up for Grabs

17 October 2026
NewstrendsKE
Business

NewsTrendsKE Sharpens Focus on Business and Corporate Intelligence for Kenya

16 October 2026
Wangari Mutuku
Deal

Kenyan lecturer wins 15-day Asian adventure after using Old Mutual Thrive App

16 October 2026
CS Lee Kinyanjui at the Event
Investments

Unicharm and Toyota Tsusho Launch Sofy Unicharm East Africa in Kenya at CFAO

16 October 2026
Naivas

Naivas Launches Kikwetu Kila Siku Campaign with Cars, Shopping Vouchers and Hundreds of Prizes Up for Grabs

17 October 2026

Limuru Country Club to Host Golf Fore Tee-Tees Tournament in Support of Breast Cancer Awareness

16 October 2026
CS Lee Kinyanjui at the Event

Unicharm and Toyota Tsusho Launch Sofy Unicharm East Africa in Kenya at CFAO

16 October 2026
Glovo

Glovo Concludes 2026 Partner Academy In Nakuru, Boosting Msme Digital Capabilities

16 October 2026
From left: Liu Jia, Deputy Chief Representative Officer, ICBC Africa; Florence Wanja, Head of Business and Commercial Banking, East Africa, Stanbic Bank; Guo Haiyan, Ambassador of the People’s Republic of China to Kenya; Jonathan Muga, Head of Corporate and Investment Banking, Stanbic Bank Kenya; and Mo Yongnian, Chief Financial Officer, China Road and Bridge Corporation Kenya, pose for a photograph during Stanbic Bank Kenya’s Economic Outlook and RMB Business Ecosystem China Day celebration.

Stanbic Launches Direct China Payment System for Kenyan Businesses

31 July 2026
Wangari Mutuku

Kenyan lecturer wins 15-day Asian adventure after using Old Mutual Thrive App

16 October 2026
NewsTrendsKE

NewsTrendsKE

NewsTrendsKE: the business intelligence read for Kenya's decision-makers.

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
  • Deals
  • Investments
  • Real Estate
  • Economy
  • OpEds
  • Lifestyle
  • Sustainability
  • Women in Business
  • Technology
    • Phones

©2026 NewsTrendsKE.