AfDB Approves Aid for Tunisia Highway Project

A highway south of Tunis in Tunisia. The African Development Bank has approved a loan to help fund the construction of a key highway in the country. Photo by: alex756 / CC-BY-SA

The African Development Bank has approved a €137.34 million ($196.22 million) loan to help fund the construction of a key highway in Tunisia.

The money will be used for a highway linking the cities of Medenine and Ras Jedir, which is also supported by the Japan International Cooperation Agency. The construction of this highway is part of a larger transportation scheme that aims to connect the Tunisian cities of Gabes, Medenine and Ras Jedir. This project is scheduled to be completed by 2015 and is expected to boost trade and promote economic growth in the African country.

Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders – emailed to you FREE every business day.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.