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Eiffage to Build, Operate a $315 Million Toll Road in Senegal

Eiffage SA, France’s third-largest construction company, will build a 230 million euro ($315 million) road in Senegal, the International Finance Corporation said.

The company will have a 30-year concession to build, finance and operate the toll road, the agency, a unit of the Washington-based World Bank, said in an e-mailed statement today. The IFC will offer loans of 22.5 million euro, while 40 million euro will be provided by the West African Development Bank, the African Development Bank and CBAO, a Senegalese commercial bank, it said.