
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.
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