How Africa “recycles” its infrastructure to build new ones – Jeune Afrique

2023-10-05 11:33:12

Africa50’s asset recycling program reaches a new milestone. On October 3, the Gambia and the investment fund, of which the African Development Bank (AfDB), is a shareholder, have established the creation of Transgambia Bridge Company Ltd. This new company, owned by Africa50 and the state Gambian, will operate and maintain the Senegambia bridge in the form of a twenty-five-year concession contract, and pocket the amount of the tolls.

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