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Senegal - Dakar-Diamniadio Highway Project - Notice of Registration Request N° RQ2011/1

27-Jul-2011

The Board of Directors of the African Development Bank Group (AfDB) approved, on 15 July, 2009, through its public sector lending window, an ADF loan of UA 45 million for financing the DakarDiamniadio Highway Project with respect to the construction of the highway, the development of the resettlement area and other components.1 L’Agence Nationale de Promotion de l’Investissement des Grands Travaux (APIX), a public limited company with majority public capital is designated to monitor the implementation of the project.2 On 19 July, 2010, the Boards of Directors also approved, through its private sector lending window, an ADB senior loan of 12 million euro and a standby debt facility of 1.5 million euro for the financing of the Dakar Toll Highway Project.3 This to complement and support the construction of the 20.4 km section of the Dakar - Diaminiado highway from Pikine to Diaminiadio and the tolling and operation of the toll highway from Patte d’Oie to Diamniado (including the 4.2 km section between Patte d’Oie and Pikine which was constructed under a separate contract).4 La Société Effage de la Nouvelle Autoroute Concédée (SENAC), an administered limited company in Senegal, will be the beneficiary of the ADB senior loan and responsible for the operation and maintenance of the toll highway.5

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