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

  • Funding deal approved for Honduras roads
    December 14, 2015
    A loan facility will help pay for new road development planned for Honduras. The US$150 million, 20 year loan has been approved by the Central American Bank for Economic Integration (CABEI). The PIV road infrastructure scheme set out by Honduras is intended to develop the country’s network. The funding will be used on over 180kms of roads in various parts of the country.
    Read More
  • Mombasa to Lagos highway proposed by African Union special envoy
    November 2, 2018
    A new highway connecting Kenya’s port of Mombasa with Nigeria’s commercial centre and main port of Lagos has been put forward by a special envoy to the African Union. The Kenyan opposition leader, Raila Odinga, was recently appointed to the post of special envoy to the African Union and announced the plan for a new transport connection between Mombasa and Lagos. This 6,000km route would provide an important economic link between two of Africa’s main ports. Although most of the route between Mombasa and
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More
  • Vietnam’s massive expressway expansion
    March 6, 2025
    Vietnam is working on a massive expansion of its expressway network.
    Read More

Highlighted Content