• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Complement Abidjan-Lagos highway development with the necessary soft infrastructure – Borderless Alliance, Ghana

2 years ago
in Features, highlights, Home, home-news, latest News, Transport
2 min read
0 0
0
127
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Complement Abidjan-Lagos highway development with the necessary soft infrastructure – Borderless Alliance Ghana

Regional Integration Advocate and Logistician, Ziad Hamoui has opined that the Abidjan-Lagos Highway Corridor project has the potential to significantly boost trade and tourism in Africa, but this goal can only be achieved if it is developed in tandem with the necessary soft infrastructure.

He disclosed that the road corridor that exists currently is bedeviled with many non-tariff barriers that hamper trade facilitation including the non-recognition of documentations at the various border posts.

“Even though there is supposedly one harmonized system because we are all under ECOWAS. So coming from Ghana into Cote D’Ivoire for example, if you have an ECOWAS-generated certificate of origin, you would assume they would take it. Again, if you are registered under ETLS in one country, but while you are moving, you are stopped because additional documentation and tariff is demanded from you even though you are entitled to zero-duty, zero-quota for registered products along this corridor,” he explained.

He said these problems create frustrations among the traders and ordinary passengers who traverse the corridor. 

Ziad Hamoui, who is the President of the national wing of the trade advocacy organization, Borderless Alliance, is therefore calling on developers of the highway corridor to take into equal consideration trade facilitation at the border, availability of the services from border agencies, the mutual recognition of the trade documents used across borders and a simplification of trade procedures.

“If not you might get the best of highways, but you get choked at the borders,” he decried.

RelatedPosts

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

The passionate Pan-Africanist emphasized that the goals of regional integration will not be accomplished without the fluidity of movement of people and goods seen from the standpoint of the development of both the hard and soft infrastructure.  

Mr. Hamoui made these remarks on the Eye on Port TV program.

Digital design of the six-lane Abidjan-Lagos Highway Corridor

He expressed great optimism for the highway project, noting that the economic activities of the 5 countries it passes through, make up 88% of the total economic activity of West Africa.

The highway development project, that spans Abidjan to Lagos, through major cities like Accra, Lomé and Cotonou is recognized as one of the most viable trade routes in Africa and is currently in its design phase with a significant part of the construction expected to be done in 2024.

It covers 1028 kilometers with 576km of that distance expected to go through Ghana. 

The country’s stretch of the project, which spans Yamoransa-Aboansa and Aburi-Afineya, emerged with an Economic Internal Rate of Return (EIRR) of 17 per cent which was higher than the average of 15 per cent for the entire project.

This means that investors of the project are likely to get a return of 17 times of their investment over a period of time.

The project in Ghana is yet to kick start as the design phase is expected to be concluded soon. Some construction work has already begun in Nigeria, however. 

Tags: Abidjan-Lagos highwayBorderless Alliance GhanaComplement Abidjan-Lagos highway development with the necessary soft infrastructure – Borderless Allianceghana
No Result
View All Result

Highlights

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

GFA Set To Release 2025/26 Premier League Fixtures On Monday August 4

Leclerc Claims Stunning Pole Position as McLaren Struggles in Changing Winds

Trending

Features

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike OPEC+ is inching toward a pivotal decision this...

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025
AI. Circuit board. Technology background, Central Computer Processors CPU concept..

How AI is Rewriting and Enhancing Water Risk Management

August 3, 2025

SheFarms Broiler Edition Kicks Off in Greater Accra

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.