ADB approves loan for Algerian road project
The African Development Bank (ADB) on 19 December approved a $76.9 loan to Algeria to finance the second phase of the Constantine bypass project. The funds will be used for the construction of a 13-kilometre stretch of three-lane road. The bank said in a statement that increased road capacity would contribute to poverty reduction in Algeria, by increasing national and regional integration. This particular project would create about 3,000 jobs in the Constantine region. Total estimated ...
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