The French Development Agency (AFD) has loaned CFA 52.5 billion for a sustainable development project in the Burkinabe capital Ouagadougou, a senior official told APA.
The loan will be used to implement the second phase of the Ouagadougou Sustainable Development Project (PDDO 2).
The aim of the project is to accompany and intensify a balanced territorial development in the Burkinabe capital, promoting mobility and the emergence of secondary centrality poles, in line with the land use plan (POS) and traffic in downtown Ouagadougou.
The project will promote the opening up of the peripheral districts and improve the living conditions of the inhabitants through the construction of structuring roads (asphalting and drainage), investments which improve mobility in the city, strengthening the capacities of the municipality in the implementation of its development policy.
With a population of over two million, Ouagadougou is facing problems of sanitation, spontaneous dwellings, fluidity of transport and concentration of economic activities.
AFD has already financed the first phase of PDDO to the tune of CFA26.2 billion.