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Another Article - EU as a Partner?

See end of article. Something about EU as a partner and other banks following suit? Could be a bad translation by Google.

Source: http://www.lesahel.org/index.php/component/k2/item/7617-signature-de-convention-de-partenariat-entre-le-minist%C3%A8re-des-transports-et-la-banque-internationale-pour-lafrique-bia--235-milliards-de-fcfa-pour-le-renouvellement-du-parc-automobile-de-transport-public

Signing of partnership agreement between the Department of Transport and the International Bank for Africa (BIA): 235 billion FCFA for the renewal of the fleet of public transport.

Transport Minister Mr Saley Saidou and the Director General of the International Bank for Africa (BIA) Mr Mahamadou Ouhoumoudou conducted last Friday in the meeting room of that Ministry, the signing of a partnership agreement on the renewal of the fleet of public transport vehicles. Through this act, the government aims to operationalize its policy of reform and modernization of the transport sector to ensure greater competitiveness of the economy. The of this agreement signing ceremony was attended by two other members of the government; President of the Chamber of Commerce, Industry and Crafts of Niger; Presidents of the unions carriers and members of the steering committee of the renewal project of public transport vehicles park.

The public transport vehicle fleet renewal project implemented since 2013 by the Ministry of Transport with support from the institutional support of the 10th EDF road program stems from a simple observation which is that of the age of the park public transport vehicles of freight and the affected public passenger transport. Taking the pore on the occasion, the Minister of Transport M, Saley Saidou said the average age of tractors is estimated at 23 years, the trailers to 29 and that of trucks to 25 years. The aging fleet is due to traffic accidents, increase in transportation costs and pollution source. According to a study by the United Nations Environment Programme (UNEP), the transport sector contributes around 37% of the effects of greenhouse gases. Cars are large air pollution sources in cities. In Niger, said the minister of transport, the road transport sub-sector remains characterized by the existence of small-carriers operating a three vehicles, poorly supervised and evolving in an informal economy and whose access to bank credit is very limited.
Moreover, the proposed new public transport fleet, particularly targeted in the revival program of Niger, the General Policy Statement of the Prime Minister, the Economic and Social Development Plan and the National Transport Strategy also form the main measure of Community policies against overload practices of heavy vehicles and for the preservation of the country's road assets. The overall objective is to improve the competitiveness of road transport activities of goods and hydrocarbons, and the quality of services for passenger transport. Through the project, it is planned to buy 5,000 new vehicles with 1500 tractors; 1500 semi-trailers; 520 minibus 19 and 30 seats; 180 buses / coaches of greater than or equal to 30 seating capacity 300 straight trucks and 1,000 taxis purpose vehicles for a total cost of 235 billion FCFA TTC. The implementation of this agreement requires a strong involvement of all stakeholders in the transport chain, noted the Minister of Transport.
For the Director General of the International Bank for Africa Mr Mahamadou Ouhoumoudou the signing of this agreement demonstrates once again the role that a bank has to play in supporting the economy of a country. Indeed, the International Bank for Africa is the first bank established in Niger. She had started operations in Magaria accompanying peanut producers before transferring its headquarters in Niamey. This is a bank that has always accompanied the Niger in all phases of development. The renewal project Fleet, said the CEO of the BIA is an extremely important project for Niger. The latter is a continental country with the nearest port is more than 1000 km. It is a truism that road transport is crucial for the Niger. '' The initiative to think of fleet renewal in an organized manner is laudable. And being able to get the support of the European Union is vital, because the presence of a serious partner such as the EU reassures us as a banker. I remain convinced that other banks will follow suit us not '', wished the Director General of the BIA. Hassane Daouda