World Bank allocates USD20m to Burkina Faso for telecoms improvements

18 May 2018

Mergers, Acquisitions and Financial Results

The World Bank has approved a USD20 million International Development Association (IDA) credit in order for Burkina Faso to expand and improve the geographical coverage of its broadband networks and reduce the cost of communication services across the nation. The credit is in addition to the USD19.4 million already allocated to the West Africa Regional Communications Infrastructure Project (WARCIP), which focused on improving international connectivity between Ouagadougou and Ghana. The additional finance from the World Bank will strengthen and expand this plan, while regional integration with Benin will also form a key part of the work undertaken.

World Bank Country Manager for Burkina Faso, Cheick Kante, said: ‘This additional WARCIP-Burkina Faso funding should help improve the quality of the internet network both domestically and between Burkina Faso and the rest of the world. We are also hopeful that these resources will help bring down regional and international connectivity costs.’

Source: Telegeography