Latest News Tunisia

Agri-food industry

10/12/2019 at 16h14, by Africa Business+

Tunisian Chemical Group (GCT)’s new phosphate plant “will quickly be blockaded” (Amal Environmental Protection Association, Gafsa)

After six years of delays due to a mass of post-revolution social protests, the Mdhilla 2 triple superphosphate...

Bank

04/12/2019 at 18h53, by Africa Business+

Philippe Wattecamps, acting CEO at Banque Tuniso-Koweitienne

The French executive from BPCE will ensure continuity between the Tunisian bank’s former and new owners....

Automotive equipment manufacturers

04/12/2019 at 15h41, by Africa Business+

FIPA-Tunisia secures investment from Japan’s Sumitomo Corporation ($23m)

The Japanese industrial giant is to open a plant to manufacture automobile cable harnesses. It should...

Insurance

03/12/2019 at 14h56, by Africa Business+

SocGen moves into the Tunisian insurance market

According to information obtained by Jeune Afrique Business+, the French banking group is set to launch...

Consumer goods

18/11/2019 at 17h10, by Mathieu Galtier

Mabrouk brings H&M and Starbucks to Tunisia

Azur City, the shopping mall owned by the Mabrouk group, is to feature the first Tunisian outlets of...

Consumer goods & Retail

07/11/2019 at 17h35, by Africa Business+

South Korean cigarette manufacturer KT&G converts its try in Tunisia

The world’s eighth largest tobacco company, Korea Tobacco & Ginseng Corporation (KT&G), is in discussions...

Agribusiness

06/11/2019 at 17h53, by Mathieu Galtier

Tunisia: dissension at Poulina between Slim Ben Ayed, the founder’s son, and Khaled Bouricha, Chairman of the Board

Seven months after the death of Abdelwaheb Ben Ayed, the founder of Poulina Group Holding (PGH), the...

Air transport

31/10/2019 at 16h57, by Africa Business+

Tunisair looks to bounce back through leasing agreements

Heavily indebted and struggling with a shrinking market share, the North-African airline needs to innovate...

Bank

31/10/2019 at 16h51, by Africa Business+

Mohamed Brigui (CIL) and Ahmed Abdelkefi (TLF) obtain €27 million from Proparco

This amount will help to finance over 2,000 SMEs in Tunisia and allows the French agency to play a greater...

Commercial banking

25/10/2019 at 21h21, by Africa Business+

BCP vs. Attijariwafa Bank: a Moroccan duel in Tunisia

In September, Morocco’s Banque centrale populaire (BCP), headed up by Mohamed Karim Mounir, will purchase...

Bank

16/10/2019 at 15h08, by Africa Business+

Banque de Tunisie et des Émirats borrows €17.7m to bolster its troubled privatisation

Banque de Tunisie et des Émirats is to issue 50m dinars (€17.7m) in bonds with a par value of 100 dinars.

Construction & Infrastructure

09/10/2019 at 15h40, by Africa Business+

€71.5m rescue package for Carthage Cement (Tunisia)

Adel Grar, Chairman of Carthage Cement, announced on Tuesday a rescue plan for the heavily indebted...

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