“This economic corridor approach also naturally overlaps with major urban development. It will support the growth of major economic hubs and improve links between large urban centres, secondary cities and rural areas within the five countries. The Bank has launched the Spatial Development Initiative to enable transformative industrialisation right along the highway, to stimulate the growth of major economic clusters,” Mike Salawou, Infrastructure and Urban Development Department, African Development Bank

Description

The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is set to become a powerful economic and industrial hub

History

In September 2023, a groundbreaking roundtable under the auspices of the African Development Bank brought together over 30 major development finance institutions, including the European Investment Bank, British International Investment, the World Bank, and the Islamic Development Bank. The ECOWAS Bank for Investment and Development is also playing a crucial role in mobilizing resources for the project.