Difficulties in financing mobility in Lomé and Dakar

Les difficultés liées au financement de la mobilité à Lomé et à Dakar

Denis Kofi Dowui () and Cheikh Ibrahima Ndiaye ()
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Denis Kofi Dowui: CERViDA-DOUNEDON - Centre d'Excellence Régional sur les Villes Durables en Afrique (
Cheikh Ibrahima Ndiaye: SNCF Réseau - SNCF Réseau [Groupe SNCF]

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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.

Keywords: urban growth; urban mobility; mobility funding; Bus Rapid Transit; croissance urbaine; mobilité urbaine; financement de la mobilité (search for similar items in EconPapers)
Date: 2024-01-26
New Economics Papers: this item is included in nep-ppm
Note: View the original document on HAL open archive server: https://hal.science/hal-04219432v5
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Published in Les Cahiers Scientifiques du Transport / Scientific Papers in Transportation, 2024, 83 | 2024 - Varia, ⟨10.46298/cst.12343⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04219432

DOI: 10.46298/cst.12343

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