Skip to main content

Funding found for Tunisia road deal

Funding for a new highway project in Tunisia is being provided by the African Development Bank. The funding comes in the shape of a loan worth US$145.8 million. The new highway will be sited in the north of the country and its construction is expected to help develop transport and trade and to boost the country’s economy.
December 1, 2017 Read time: 1 min

Funding for a new highway project in Tunisia is being provided by the 1586 African Development Bank. The funding comes in the shape of a loan worth US$145.8 million. The new highway will be sited in the north of the country and its construction is expected to help develop transport and trade and to boost the country’s economy.

For more information on companies in this article

Related Content

  • Ethiopia develops road expansion plan
    September 13, 2017
    The Ethiopian Government has set out plans for a major programme of road development work to expand the country’s network. In all 58 road projects are being planned, with the programme having been set out by the Ethiopian Roads Authority (ERA). The plans call for 3,171km of roads to be built in all. These will be constructed in Tigray, Oromia and Amhara, with work commencing shortly and expected to take three years to complete. The Ethiopian Government will spend US$1.5 billion on the work, with a further $
  • Mozambique bridge due to open
    May 11, 2018
    Mozambique’s Maputo-Catembe Bridge is due to open shortly and will become Africa’s longest suspension bridge. The 3km bridge will form part of the road connection between Maputo, Mozambique’s capital, and Catembe. The bridge is costing over US$700 million, with much of the necessary funding being provided by the Export Import Bank of China. The new bridge will improve transport and reduce journey times for drivers, who currently have to rely on ferries travelling between Maputo and Catembe.
  • Mongolia road development project going ahead
    March 14, 2019
    A major road development project for Mongolia will be carried out on the AH-3 route.
  • Gabon road and bridge link to Port-Gentil
    December 18, 2020
    A new road and bridge link connects Port-Gentil with the rest of Gabon.