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

  • Cameroon’s US$167 million upgrading key roads
    February 17, 2025
    Cameroon is upgrading key roads for US$167 million across the country.
    Read More
  • Nicaragua projects receive Japanese funding
    August 9, 2017
    Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
    Read More
  • Tunisia: Kairouan-Sousse motorway tender due in September
    March 18, 2015
    The invitation to tender for the Kairouan-Sousse motorway will be issued in early September, according to Tunis Afrique Press. Mohamed Salah Arfaoui, the Tunisian Minister for Infrastructure, Housing and Territorial Development, made the announcement, saying that the project is expected to cost around US$70 million. Financing will be aided by the World Bank, he added. Meanwhile, construction started in November on the last part of the Trans-Sahara Highway connecting the Algerian capital Algiers to the Niger
    Read More
  • Mongolia's road ahead
    April 25, 2012
    Financing worth a total of US$170 million will help fund construction of Mongolia's Western Regional Road Corridor. This will be provided by the Asian Development Bank (ADB) in a series of payments.
    Read More

Highlighted Content