Bantu Gazette

Bantu Gazette
  • Energy & Trade
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Feature
  • Opinion
  • Changemakers
  • Tourism & Culture
  • Sports
  • Magazine
Menu
  • Black Frame Studio
  • Magazine

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization
Sebastien Marangaby Sebastien Maranga
January 7, 2025
Reading Time: 3 mins read

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization
Tunisia Secures €80 Million Loan for Road Infrastructure Modernization
Sebastien Marangaby Sebastien Maranga
July 16, 2025
Reading Time: 3 mins read

TUNIS, Tunisia (BG) — The African Development Bank (AfDB) has approved a €80.16 million loan to Tunisia to finance the third phase of the country’s Road Infrastructure Modernization Project (PMIR), the Bank announced in a statement on Tuesday.

The project, which will run from 2025 to 2030, aims to upgrade 188.9 kilometers (117 miles) of classified roads across seven governorates: Kef, Kasserine, Sousse, Sfax, Kairouan, Siliana, and Gafsa.

These areas face transport constraints due to deteriorated road conditions, limiting their economic potential.

According to the statement, the Bank’s Board approved the loan of Directors on Dec. 9, 2024. The AfDB covers 92.98% of the project’s total cost, with a supporting contribution of €6.05 million from the Tunisian government.

Enhancing Tunisia’s Transport Network

The modernization project is expected to significantly improve the quality of Tunisia’s road network, creating a more efficient and sustainable transport system.

 This upgrade will ease the movement of goods and people within and between regions, facilitating economic growth and improving connectivity to areas of high agricultural value.

“The Bank’s intervention will also benefit micro-enterprises focused on road maintenance, enabling infrastructure to be maintained over the long term, while at the same time creating market opportunities for entrepreneurs,” Solomon Quaynor, AfDB Vice President for Private Sector, Infrastructure, and Industrialization, said.

Socioeconomic Benefits

Tunisia’s transport sector is vital to the national economy, contributing approximately 5% of GDP and employing 160,000 people directly and indirectly.

The road upgrades are expected to foster private sector growth, support local small- and medium-sized enterprises (SMEs), and create jobs, particularly for young people.

The program also aims to alleviate poverty in vulnerable regions by improving road infrastructure quality in disadvantaged areas, including border regions with Algeria.

These upgrades will enhance regional economic integration and balance infrastructure development between urban and rural areas.

Supporting Tunisia’s Food Security, Long-Term Vision

The upgraded roads will strengthen Tunisia’s food security by improving access to agricultural regions. This will be achieved by developing agrarian value chains supported by the private sector.

The initiative aligns with the Bank’s commitment to enhancing food systems and rural economies across Africa.

The project is part of AfDB’s broader Ten-Year Strategy (2024–2033) under its “High 5” priorities, specifically “Integrating Africa” and “Improving the quality of life for people in Africa.”

Over the past decade, AfDB has helped modernize approximately 4,000 kilometers (2485 miles)of roads and 104 kilometers (64.5 miles) of motorways in Tunisia.

Quaynor added that this phase of the modernization program will “improve prospects for the private sector and local SMEs, as well as creating new jobs for young people.”

The Bank’s vision for this initiative is to build a prosperous, inclusive, resilient, and integrated Africa.

PMIR aims to improve and promote an efficient, high-quality transport system to sustain growth and create conditions conducive to enhanced export competitiveness.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

Related Posts

Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East
Finance

Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East

May 12, 2026
Côte d’Ivoire Pushes for More Inclusive, Efficient African Financial System
Finance

Côte d’Ivoire Pushes for More Inclusive, Efficient African Financial System

April 10, 2026
Burkina Faso Patriotic Fund Raises $828 million in 3 Years, Surpassing Target
Finance

Burkina Faso Patriotic Fund Raises $828 million in 3 Years, Surpassing Target

April 13, 2026
Afreximbank Commits $2.5 Billion to Dangote Refinery Financing
Finance

Afreximbank Commits $2.5 Billion to Dangote Refinery Financing

April 1, 2026
West Africa Takes a New Approach to Tax Reform
Finance

West Africa Takes a New Approach to Tax Reform

March 31, 2026
Ethiopia Draws $13.1 Billion in Investment Deals at Annual Forum
Finance

Ethiopia Draws $13.1 Billion in Investment Deals at Annual Forum

March 30, 2026

Most Recent

‘Never Miss an Opportunity to Tell Your Story’
Tourism & Culture

‘Never Miss an Opportunity to Tell Your Story’

by Bukelwa Maphanga
May 16, 2026
0

Farouk Mintoiba had heard the questions so many times he could anticipate them before they arrived. People wanted to know...

Read moreDetails
Rwanda Highlights Skills Development in Creative Economy Strategy

Rwanda Highlights Skills Development in Creative Economy Strategy

May 16, 2026
Ethiopia Export Earnings Surge to $8.7 Billion in Ten Months

Ethiopia Export Earnings Surge to $8.7 Billion in Ten Months

May 16, 2026
Liberia to Build its 1st Electrical Manufacturing Plant in $26M Deal with Kenyan Firm

Liberia to Build its 1st Electrical Manufacturing Plant in $26M Deal with Kenyan Firm

May 14, 2026
South Africa Allocates $1.7 Billion to Road Agency for Network Expansion

South Africa Allocates $1.7 Billion to Road Agency for Network Expansion

May 13, 2026
Ethiopia Receives Emperor Tewodros II Relics as African Heritage Repatriations Gather Pace

Ethiopia Receives Emperor Tewodros II Relics as African Heritage Repatriations Gather Pace

May 13, 2026
Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East

Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East

May 12, 2026
‘Never Miss an Opportunity to Tell Your Story’
Tourism & Culture

‘Never Miss an Opportunity to Tell Your Story’

by Bukelwa Maphanga
Reading Time: 5 mins read
May 16, 2026
0

Farouk Mintoiba had heard the questions so many times he could anticipate them before they arrived. People wanted to know...

Read moreDetails
Rwanda Highlights Skills Development in Creative Economy Strategy
Tourism & Culture

Rwanda Highlights Skills Development in Creative Economy Strategy

by Jane Mukami
Reading Time: 2 mins read
May 16, 2026
0

KIGALI Rwanda is investing in skills development as part of its strategy to expand the creative economy, with officials calling...

Read moreDetails
Ethiopia Export Earnings Surge to $8.7 Billion in Ten Months
Politics & Economy

Ethiopia Export Earnings Surge to $8.7 Billion in Ten Months

by Kalkidan Negash
Reading Time: 1 min read
May 16, 2026
0

Ethiopia’s export revenues rose 43% to $8.71 billion in the first ten months of the current fiscal year, beating the...

Read moreDetails

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization

TUNIS, Tunisia (BG) — The African Development Bank (AfDB) has approved a €80.16 million loan to Tunisia to finance the third phase of the country’s Road Infrastructure Modernization Project (PMIR), the Bank announced in a statement on Tuesday.

The project, which will run from 2025 to 2030, aims to upgrade 188.9 kilometers (117 miles) of classified roads across seven governorates: Kef, Kasserine, Sousse, Sfax, Kairouan, Siliana, and Gafsa.

These areas face transport constraints due to deteriorated road conditions, limiting their economic potential.

According to the statement, the Bank’s Board approved the loan of Directors on Dec. 9, 2024. The AfDB covers 92.98% of the project’s total cost, with a supporting contribution of €6.05 million from the Tunisian government.

Enhancing Tunisia’s Transport Network

The modernization project is expected to significantly improve the quality of Tunisia’s road network, creating a more efficient and sustainable transport system.

 This upgrade will ease the movement of goods and people within and between regions, facilitating economic growth and improving connectivity to areas of high agricultural value.

“The Bank’s intervention will also benefit micro-enterprises focused on road maintenance, enabling infrastructure to be maintained over the long term, while at the same time creating market opportunities for entrepreneurs,” Solomon Quaynor, AfDB Vice President for Private Sector, Infrastructure, and Industrialization, said.

Socioeconomic Benefits

Tunisia’s transport sector is vital to the national economy, contributing approximately 5% of GDP and employing 160,000 people directly and indirectly.

The road upgrades are expected to foster private sector growth, support local small- and medium-sized enterprises (SMEs), and create jobs, particularly for young people.

The program also aims to alleviate poverty in vulnerable regions by improving road infrastructure quality in disadvantaged areas, including border regions with Algeria.

These upgrades will enhance regional economic integration and balance infrastructure development between urban and rural areas.

Supporting Tunisia’s Food Security, Long-Term Vision

The upgraded roads will strengthen Tunisia’s food security by improving access to agricultural regions. This will be achieved by developing agrarian value chains supported by the private sector.

The initiative aligns with the Bank’s commitment to enhancing food systems and rural economies across Africa.

The project is part of AfDB’s broader Ten-Year Strategy (2024–2033) under its “High 5” priorities, specifically “Integrating Africa” and “Improving the quality of life for people in Africa.”

Over the past decade, AfDB has helped modernize approximately 4,000 kilometers (2485 miles)of roads and 104 kilometers (64.5 miles) of motorways in Tunisia.

Quaynor added that this phase of the modernization program will “improve prospects for the private sector and local SMEs, as well as creating new jobs for young people.”

The Bank’s vision for this initiative is to build a prosperous, inclusive, resilient, and integrated Africa.

PMIR aims to improve and promote an efficient, high-quality transport system to sustain growth and create conditions conducive to enhanced export competitiveness.

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization

Tunisia Secures €80 Million Loan for Road Infrastructure Modernization
Sebastien Marangaby Sebastien Maranga
January 7, 2025

TUNIS, Tunisia (BG) — The African Development Bank (AfDB) has approved a €80.16 million loan to Tunisia to finance the third phase of the country’s Road Infrastructure Modernization Project (PMIR), the Bank announced in a statement on Tuesday.

The project, which will run from 2025 to 2030, aims to upgrade 188.9 kilometers (117 miles) of classified roads across seven governorates: Kef, Kasserine, Sousse, Sfax, Kairouan, Siliana, and Gafsa.

These areas face transport constraints due to deteriorated road conditions, limiting their economic potential.

According to the statement, the Bank’s Board approved the loan of Directors on Dec. 9, 2024. The AfDB covers 92.98% of the project’s total cost, with a supporting contribution of €6.05 million from the Tunisian government.

Enhancing Tunisia’s Transport Network

The modernization project is expected to significantly improve the quality of Tunisia’s road network, creating a more efficient and sustainable transport system.

 This upgrade will ease the movement of goods and people within and between regions, facilitating economic growth and improving connectivity to areas of high agricultural value.

“The Bank’s intervention will also benefit micro-enterprises focused on road maintenance, enabling infrastructure to be maintained over the long term, while at the same time creating market opportunities for entrepreneurs,” Solomon Quaynor, AfDB Vice President for Private Sector, Infrastructure, and Industrialization, said.

Socioeconomic Benefits

Tunisia’s transport sector is vital to the national economy, contributing approximately 5% of GDP and employing 160,000 people directly and indirectly.

The road upgrades are expected to foster private sector growth, support local small- and medium-sized enterprises (SMEs), and create jobs, particularly for young people.

The program also aims to alleviate poverty in vulnerable regions by improving road infrastructure quality in disadvantaged areas, including border regions with Algeria.

These upgrades will enhance regional economic integration and balance infrastructure development between urban and rural areas.

Supporting Tunisia’s Food Security, Long-Term Vision

The upgraded roads will strengthen Tunisia’s food security by improving access to agricultural regions. This will be achieved by developing agrarian value chains supported by the private sector.

The initiative aligns with the Bank’s commitment to enhancing food systems and rural economies across Africa.

The project is part of AfDB’s broader Ten-Year Strategy (2024–2033) under its “High 5” priorities, specifically “Integrating Africa” and “Improving the quality of life for people in Africa.”

Over the past decade, AfDB has helped modernize approximately 4,000 kilometers (2485 miles)of roads and 104 kilometers (64.5 miles) of motorways in Tunisia.

Quaynor added that this phase of the modernization program will “improve prospects for the private sector and local SMEs, as well as creating new jobs for young people.”

The Bank’s vision for this initiative is to build a prosperous, inclusive, resilient, and integrated Africa.

PMIR aims to improve and promote an efficient, high-quality transport system to sustain growth and create conditions conducive to enhanced export competitiveness.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

Related Posts

Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East

Rwanda Secures €45M to Expand Climate-Resilient Irrigation in Drought-Prone East

by Marina Bisse
May 12, 2026
0

...

Côte d’Ivoire Pushes for More Inclusive, Efficient African Financial System

Côte d’Ivoire Pushes for More Inclusive, Efficient African Financial System

by Aissatou Fall
April 10, 2026
0

...

Burkina Faso Patriotic Fund Raises $828 million in 3 Years, Surpassing Target

Burkina Faso Patriotic Fund Raises $828 million in 3 Years, Surpassing Target

by Aissatou Fall
April 3, 2026
0

...

Afreximbank Commits $2.5 Billion to Dangote Refinery Financing

Afreximbank Commits $2.5 Billion to Dangote Refinery Financing

by Samira Benhadda
April 1, 2026
0

...

West Africa Takes a New Approach to Tax Reform

West Africa Takes a New Approach to Tax Reform

by Felix Tih
March 31, 2026
0

...

Ethiopia Draws $13.1 Billion in Investment Deals at Annual Forum

Ethiopia Draws $13.1 Billion in Investment Deals at Annual Forum

by Maraki Desta
March 30, 2026
0

...

‘Never Miss an Opportunity to Tell Your Story’
Tourism & Culture

‘Never Miss an Opportunity to Tell Your Story’

by Bukelwa Maphanga
Reading Time: 5 mins read
May 16, 2026
0

Farouk Mintoiba had heard the questions so many times he could anticipate them before they arrived. People wanted to know...

Read moreDetails
Rwanda Highlights Skills Development in Creative Economy Strategy

Rwanda Highlights Skills Development in Creative Economy Strategy

by Jane Mukami
May 15, 2026
0

KIGALI Rwanda is investing in skills development as part of its strategy to expand the creative economy, with officials calling...

Ethiopia Export Earnings Surge to $8.7 Billion in Ten Months

Ethiopia Export Earnings Surge to $8.7 Billion in Ten Months

by Kalkidan Negash
May 15, 2026
0

Ethiopia’s export revenues rose 43% to $8.71 billion in the first ten months of the current fiscal year, beating the...

Liberia to Build its 1st Electrical Manufacturing Plant in $26M Deal with Kenyan Firm

Liberia to Build its 1st Electrical Manufacturing Plant in $26M Deal with Kenyan Firm

by Aissatou Fall
May 14, 2026
0

The Liberia Electricity Corporation (LEC) signed a $26 million agreement with Kenyan firm Thames Electricals Limited on Tuesday to establish...

South Africa Allocates $1.7 Billion to Road Agency for Network Expansion

South Africa Allocates $1.7 Billion to Road Agency for Network Expansion

by Naledi Kgosi
May 13, 2026
0

South Africa's government has allocated nearly R31 billion (about $1.7 billion) to the country's national roads agency this financial year...

Next Post
President Mahama Pledges Vibrant 24-Hour Economy for Ghana

President Mahama Pledges Vibrant 24-Hour Economy for Ghana

Ugandan Legislators Advocate for Expanding Vocational Training in Prisons

Ugandan Legislators Advocate for Expanding Vocational Training in Prisons

La Guinée prévoit de connecter 2 200 écoles à Internet grâce à l’initiative GIGA

Mauritania Secures $27M to Modernize Energy Sector

Mauritania Secures $27M to Modernize Energy Sector

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
Bantu Gazette
  • Energy & Trade
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Feature
  • Opinion
  • Changemakers
  • Tourism & Culture
  • Magazine