African Manager

The Tunisian glassmaker SOTUVER Group reported consolidated revenue of TND 205 million in the first nine months of 2026, up 14.6% from TND 178.9 million a year earlier, driven by higher sales in both domestic and export markets.

Tunisian cargo airline Cargo Wings Express (CWE) will launch regular flights to Europe on October 25, aiming to strengthen freight links between Africa and Europe and expand Tunisia’s role in regional logistics.

The Central Bank of Tunisia (BCT) has called on banks and financial institutions to step up efforts to provide the financing needed by stakeholders across the olive oil sector as the 2026-2027 olive harvest season gets underway.

Arab Tunisian Lease (ATL Leasing) reported a 13.4% increase in leasing operations activated during the first nine months of 2026, reaching 341.5 million dinars (MD), as the company continued to expand its business and improve asset quality.

Tunisia’s 2027 Economic Budget (EB) never uses the word “privatization”.

Director-General of the National Institute of Consumption (INC), Mohamed Chokri Rejeb, said the institute is tasked, among other duties, with conducting product analyses and comparative tests under Law No. 70 of 2008 establishing the institute.

According to stockbroker Amen Invest, which published a post on LinkedIn, “The main figures in the draft State budget for 2027 outline a highly constrained fiscal trajectory, characterised by a large structural deficit and, above all, substantial Treasury…

The 2027 draft Finance Bill benefits from a reduction in debt principal repayments but continues to face a budget deficit, economist Moez Soussi said.

Cash is circulating increasingly widely in Tunisia.

A Tunisian engineering consultancy is set to become the preferred engineering adviser for an Australian company’s phosphate project in west-central Tunisia.

Tunisia’s 2027 Finance Bill (PLF) provides for new financing mechanisms to support startups, help small businesses from their launch and encourage students and trainees seeking to establish their own projects.

The banking sector has provided record levels of financing to Tunisia’s olive oil and date industries, said Néji Ghandri, president of the Tunisian Banking and Financial Council (CBF).

The 2027 Finance Bill raises state expenditure to TND 68.895 billion, up 8.37%.

Tunisian battery manufacturer L’Accumulateur Tunisien ASSAD reported a 20.2% decline in revenue in the first nine months of 2026, as a sharp drop in exports weighed on overall sales, despite resilient domestic demand and a gross margin maintained above 40…

According to official data, women account for nearly 35% of Tunisia’s rural population and make up more than 75% of the workforce in the agricultural sector.

Jet2 has expanded its Tunisia holiday program into the winter 2027-2028 season, adding more than 32,000 seats following strong early demand for the North African destination, Travelweekly reported.

The Union Internationale de Banques (UIB) has appointed Abdelkrim Hajjaji as chairman of its board of directors, more than a year after the resignation of Kamel Neji, one of the pillars of the “old” UIB, when the bank was a Tunisian institution managed by…

Strengthening controls on subsidized products and combating smuggling and sales outside legal distribution channels are essential to ensuring that subsidies reach their intended beneficiaries and safeguarding public funds, tax expert Amine Bouziane said.

Tunisia’s 2027 Finance Bill provides for TND 68.895 billion in expenditure and a deficit of TND 14.615 billion.

Dora Milad, president of the Tunisian Hotel Federation (FTH), has stressed the importance of developing aviation tourism, noting that this segment could further stimulate the tourism sector and strengthen Tunisia’s presence in international markets.

Tunisian cargo airline Cargo Wings Express (WQ) has obtained Third Country Operator (TCO) authorization from the European Union Aviation Safety Agency (EASA), allowing it to operate commercial cargo flights to EASA member states, subject to obtaining addi…

The French Development Agency (AFD) and the Sahara and Sahel Observatory (OSS) have signed a strategic partnership and financing agreement to support North African countries in adapting to climate change.

Tunisia remains off the European Union’s list of non-cooperative jurisdictions for tax purposes, joining six other African economies recognised for meeting EU tax governance standards without any outstanding commitments, according to the latest update pub…

The Executive Board of the Central Bank of Tunisia (BCT) kept its key interest rate unchanged at 7.00% on October 7, 2026.

Tunisia’s state-owned National Electricity and Gas Company (STEG) has launched two tenders covering a 50 MW solar photovoltaic (PV) project paired with battery energy storage and the installation of 600 MWh of battery energy storage systems (BESS) across…

African startups raised $2.16 billion in funding between January and September 2026, down 4% from $2.24 billion during the same period in 2025, as a shift towards equity financing offset a sharp decline in debt funding.

The International Monetary Fund (IMF) has raised its economic growth forecast for Tunisia to 2.4% in 2026, up from 2.1% projected in April, while warning of accelerating inflation and a widening current account deficit in 2027.

Tunisia ranked 110th out of 161 countries in the 2025 Global Capitalism Index (GCI), scoring 56.1 points and placing 18th among African countries, according to the index developed by researchers at the University of Virginia in the United States.

Officially aimed at promoting “financial inclusion” and, in our view, actually at reducing the use of cash, the Central Bank of Tunisia is raising payment account limits and allowing cash withdrawals of up to TND 10,000 per day.

Tunisia’s olive oil export revenues rose by 37.4% year on year to approximately TND 4 billion at the end of September 2026, compared with TND 2.9 billion during the same period last year, according to data released by the National Institute of Statistics…

Tunisia’s trade balance is often characterized by a widening deficit.

Elyes Ben Ammar, a member of the General Union of Electricity and Gas, affiliated with the Tunisian General Labor Union (UGTT), has expressed several reservations about green hydrogen projects in Tunisia in an exclusive interview with African Manager.

Tunisia aims to increase its annual phosphate production to 10 million tons, Slah Zouari, minister in charge of Industry, Mines and Energy, has announced.

Inflation rose to 5.6% in September 2026, its highest level since March 2025, according to the National Institute of Statistics (INS).

A partnership agreement aimed at strengthening scientific and technical cooperation was signed on October 9, 2026, between the Financial Market Council (CMF) and the Laboratory of Legislation and Case Law (LLJ) at the Faculty of Law and Political Science…

Tunisia, a pioneer in industrial egg production since the 1980s through modern poultry farming, has maintained its leading position in self-sufficiency in Africa and the Arab world over the years, said Mahmoud Gannoun, Director General of the Interprofess…

Spanish industrial supplies and engineering group Suministros ARSAM S.A. plans to expand its investment in Tunisia to support the growing activities of its local subsidiary, ARSAM Tunisie, based in Sousse.

Arab Tunisian Bank (ATB) has published its interim financial statements for the six months ended June 30, 2026, accompanied by a limited review report from its statutory auditors.

French group SGH Medical Pharma inaugurated its new factory in Mégrine, in the southern suburbs of Tunis, on October 1, 2026.

The US group Pursuit Aerospace plans to expand its Tunis industrial facility, which specialises in manufacturing precision components for aircraft engines, by 40%.

After ending 2024 in the red, the Tunis branch of Tunisian Foreign Bank (TFBank) returned to profitability.

The 2025 individual financial statements published on the website of the Financial Market Council (CMF) make it possible to compare two figures that listed companies rarely present side by side: their 2025 net profit and the cost of remunerating their exe…

Italian industrial group Pieralisi, which specializes in olive oil extraction and separation technologies, is considering strengthening its presence in Tunisia and gradually expanding its activities in the country and across African markets.

Tunisia’s current account deficit reached 2.5% of GDP at the end of August 2026, according to the latest statement from the Central Bank of Tunisia (BCT), reflecting further pressure on the country’s external balances during the first eight months of the…

Spanish hotel group Meliá Hotels International plans to add five hotels to its portfolio in Tunisia, targeting a total of 3,000 rooms in the country by 2030, Spanish financial website Bolsamania reported.

The Central Bank of Tunisia (BCT) has decided to keep its key interest rate unchanged at 7.00%.

Four regional public transport companies, four sets of financial statements published in 2026.

Wage expenditure amounted to TND 12.184 billion, up 4.9% from the same period in 2025, the Finance Ministry said in its report on the execution of the state budget as of the end of June 2026.

Tunisia and Algeria have agreed to undertake the studies required for the development of a 1.4 GW power plant in Tunisia.

Tunisian electrical equipment manufacturer Société Industrielle d’Appareillage et de Matériels Électriques (SIAME) posted net profit of TND 1.9 million for the first half of 2026, up 9.9% from TND 1.7 million a year earlier, according to its interim finan…