VOL. XLVI

No 3

20-January-2003

ALGERIA

ADB Signs $120Mn Telecoms Loan With Algeria

The African Development Bank (ADB) has signed a $120mn loan agreement with Algeria to finance telecommunications development. The loan will support the governments plans to liberalize the entire telecommunications sector before 2005 through the establishment of new structures and the incorporation of private operators. The ADB financing will help to make the Algerian Post and Telecommunications Regulatory Authority...