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

  • Vietnam's mighty road budget
    February 7, 2012
    A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
    Read More
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.
    Read More
  • Tolling model for funding road development
    April 4, 2017
    Road tolling is being used worldwide as a way to develop highway infrastructure, with road users paying for access. Tolled roads are not a new concept and date back centuries, but in recent times, as governments have struggled to fund highway development programmes directly, tolling has increased in popularity worldwide. In Africa, Asia, Europe, Latin America and North America, tolled highways are now extremely well established. The specifics of the business models vary but state-owned toll-road firms ty
    Read More
  • Work starting on new bridge for Botswana
    June 2, 2014
    Work is due to start on a new bridge connecting Botswana with neighbouring Zambia. The Kazungula Bridge is expected to cost some US$259 million. The new link will replace the ferry service operating at present between Botswana and Zambia. This project is being handled jointly by the authorities in both Botswana and Zambia. The bridge construction is being financed by Japanese International Corporation Agency (JICA) and the African Development Bank (AfDB).
    Read More

Highlighted Content