Ghana road rebuilding, funding secured

Financing has been secured to help pay for rebuilding of the Dome to Kitase road in Ghana’s capital Accra. A US$24 million loan from the Kuwait Fund for Arab Economic Development (KFAED) will pay for the work. Upgrading the route will help improve transport on the northern side of Accra and develop the local economy.
September 20, 2019 Read time: 1 min

Financing has been secured to help pay for rebuilding of the Dome to Kitase road in Ghana’s capital Accra. A US$24 million loan from the Kuwait Fund for Arab Economic Development (KFAED) will pay for the work. Upgrading the route will help improve transport on the northern side of Accra and develop the local economy.

Finance & Funding

Related Content

  • Turkmenistan highway project – funding secured
    March 26, 2018
    A finance package has been secured to help pay for the building of Turkmenistan’s Ashgabat-Turkmenabat highway project. Worth US$2.4 billion, the financing comes in the shape of a loan and is being provided by the Central Bank of Turkmenistan. The finance package is being provided to the Union of Industrialists and Entrepreneurs of Turkmenistan under a 20-year loan deal that includes a grace period of five years. The new Ashgabat-Turkmenabat highway project will help to improve transport efficiency in
    Read More
  • Guinea road financing secured
    August 23, 2021
    Financing is secured for road works in Guinea.
    Read More
  • Kuwait fund KFAED to contribute to greater Tunis X20 ring road
    March 18, 2015
    The Kuwait Fund for Arab Economic Development (KFAED) is to contribute US$28.5 million towards the X20 ring road of greater Tunis, according to a report in L'Economiste Maghrébin. An agreement was signed on 17 March between Yassine Brahim, the Tunisian minister for development, investment and international cooperation, and Ahmed Al Badr, the managing director of KFAED. World Highways reported in June 2013 that the government was moving ahead with plans for the 80km ring road expected to cost around $365 mil
    Read More
  • Sri Lanka expressway – funding secured
    July 9, 2018
    The funding for a stretch of Sri Lanka’s Central Expressway project now looks to have been secured. A loan of nearly US$904 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) will provide the necessary finance package for the project. The route of the Central Expressway runs from Colombo to Dambulla, having originally been called the Northern Expressway Project. This latest funding package will help pay for work to the 32.5km link running off to the east at Pothuhera and running to Galagedara, close
    Read More

Highlighted Content