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.

Finance & Funding

For more information on companies in this article

Related Content

  • Kenya road project receiving World Bank funding
    June 29, 2015
    The World Bank Group is providing funding worth US$500 million for the development of a key transport corridor in the north-west of the country. This comes under the East Africa Regional Transport, Trade & Development Facilitation Project. The general aim of the project to build the corridor is to provide economic and social development for communities in the counties of West Pokot and Turkana. The government of Kenya will contribute the remainder needed for the $676 million project.
    Read More
  • Tunisia is benefiting from key highway expansion
    November 28, 2012
    Work is underway in Tunisia on the westbound Highway from capital Tunis towards the Algerian border. This 60km link will run from the town of Oued Zarga to Boussalem and the work is being carried out by Italian contractor Todini and local company Soroubat. The bidding process for the 100km highway from Gabes to Medenine is now being opened, while bidding for the 92km road from Medenine to the Libyan border outpost of Ras Jedir opened in October 2012. Bids for the construction of the 61km of peripheral roads
    Read More
  • Loan worth US$195 million paying for Ivory Coast road construction
    December 19, 2023
    A loan worth US$195 million is paying for road construction work in Ivory Coast.
    Read More
  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
    Read More

Highlighted Content