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Difficulties in financing mobility in Lomé and Dakar
[Les difficultés liées au financement de la mobilité à Lomé et à Dakar]

Author

Listed:
  • Denis Kofi Dowui

    (CERViDA-DOUNEDON - Centre d'Excellence Régional sur les Villes Durables en Afrique ()

  • Cheikh Ibrahima Ndiaye

    (SNCF RESEAU - SNCF RESEAU)

Abstract

This article sheds light on the financing of mobility in Africa. Based on two research sites (Lomé and Dakar), it first highlights the difficulties of financing projects, emphasizing the predominance and inadequacy of public funds, as well as the low level of contributions from local authorities and private players. Mobility projects require substantial investment, long-term debt and social pricing. Local commercial banks are unable to provide long-term loans due to low capital levels, while contributions from local authorities with little financial autonomy are limited to the provision of roads. To attract investors, the article recommends building a territorial governance system for mobility and developing "bankable" projects. Indeed, there are many sources of funding available. But to be eligible, projects must go beyond mere "good ideas" and be built around feasibility studies. A case in point is the Rapid Transit Bus project supported by CETUD (Conseil Exécutif des Transports Urbains Durables) in Dakar.

Suggested Citation

  • Denis Kofi Dowui & Cheikh Ibrahima Ndiaye, 2023. "Difficulties in financing mobility in Lomé and Dakar [Les difficultés liées au financement de la mobilité à Lomé et à Dakar]," Working Papers hal-04219432, HAL.
    • Handle: RePEc:hal:wpaper:hal-04219432
    Note: View the original document on HAL open archive server: https://hal.science/hal-04219432v4
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