Tunisia among first recipients of AfDB transport-related funding | Tunisia News Gazette

Tunisia among first recipients of AfDB transport-related funding

Morocco and Tunisia have been the top recipients of the African Development Bank (AfDB) transport-related funding in its 50 years of existence.

Morocco and Tunisia received US$2.7 billion and US$2 billion respectively, reads a document released on the fiftieth anniversary of the first project financed by the Bank in 1967, roads in Kenya.

Fourteen projects totalling US$2.030 billion and benefiting eight million Tunisians were financed , including the building of the Gabes- Ras Jedir highway, the strengthening of 5,300 km of roads, the construction of Enfidha airport and the upgrading of the rail network.

In its 50 years of existence, the AfDB has financed more than 450 transport projects, changing the daily lives of nearly 450 million people across Africa. These projects include roads, ports, airports and railways. In total, the Bank has lent and donated more than US$30 billion to improve transport systems in Africa.

Source: TAP News Agency

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