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News

African Manager
en.africanmanager.com > carthage-cement-domestic-revenue-stable-at-tnd-128-million-at-end-june-2026

Carthage Cement: Domestic revenue stable at TND 128 million at end-June 2026

1+ hour, 21+ min ago   (210+ words) Carthage Cement’s cumulative domestic revenue from cement and clinker sales remained stable at TND 128 million during the first half of 2026, marking a slight 4% decline compared with the same period in 2025, despite weaker local demand, according to the cement producer’s activity…...

African Manager
en.africanmanager.com > tunisia-to-launch-first-solar-power-project-for-motorway-network

Tunisia to launch first solar power project for motorway network

1+ hour, 19+ min ago   (185+ words) Tunisia is preparing to launch its first solar power project to supply electricity to the country’s motorway infrastructure as part of its energy transition strategy, project officials announced on Friday following a site visit to the Oued Zarga station in…...

African Manager
en.africanmanager.com > public-investment-plagued-by-common-and-recurring-shortcomings

Public investment plagued by "common and recurring shortcomings"

1+ hour, 22+ min ago   (355+ words) As Tunisia prepares to launch its 2026–2030 Development Plan, experts are calling for reforms to ensure its effective implementation. Faisal Derbel, President of the Tunisian Center for Corporate Governance (CTGE) at the IACE, said success will depend not only on technical…...

African Manager
en.africanmanager.com > automobiles-and-precious-metals-two-signals-emerging-from-2026-foreign-trade-data

Automobiles and precious metals: Two signals emerging from 2026 foreign trade data

2+ day, 1+ hour ago   (567+ words) Automobiles: Higher import bill, stable volumes Imports under Chapter 87, covering vehicles, bicycles and tractors, rose 15.8% in value year-on-year. The key finding, however, lies in what drove that increase. Import volumes remained virtually unchanged, slipping just 0.1% to slightly over 100,000 tons. In…...

African Manager
en.africanmanager.com > assad-the-profit-rejected-by-auditors-and-the-tnd-234-million-legal-option

ASSAD: The profit rejected by auditors and the TND 234 million legal option

2+ day, 23+ hour ago   (851+ words) Tunisian battery manufacturer ASSAD has published its 2025 financial statements, reporting a net profit of TND 4.1 million and a sharp increase in shareholders’ equity from TND 3.1 million to TND 46.3 million. On the surface, the figures suggest a strong turnaround. However, a…...

African Manager
en.africanmanager.com > biat-leads-tnd-90-million-syndicated-loan-for-advans-tunisia

BIAT leads TND 90 million syndicated loan for Advans Tunisia

2+ day, 23+ hour ago   (184+ words) BIAT has announced the successful completion of a TND 90 million syndicated loan for Advans Tunisia, a leading microfinance institution in Tunisia. The financing was structured and coordinated by BIAT as the lead arranger and mandated lead bank, bringing together a…...

African Manager
en.africanmanager.com > german-bhs-tabletop-to-invest-13-million-in-1st-african-production-plant-in-tunisia

German BHS Tabletop to invest $13 million in 1st African production plant in Tunisia

3+ day, 18+ hour ago   (279+ words) The project was formally presented on Tuesday, July 21, during a meeting between Tunisian Minister of Public Works and Housing Salah Zouari, who is also acting Minister Industry, Mines and Energy and BHS Tabletop CEO Jens Becker, along with senior ministry…...

African Manager
en.africanmanager.com > extreme-heat-heavy-losses-and-strange-silence-of-steg-and-minister

Extreme heat, heavy losses and strange silence of STEG and Minister

3+ day, 18+ hour ago   (1195+ words) Tunisia’s electricity crisis is deepening as rolling power cuts spread across the country amid record-breaking temperatures, raising questions over the government’s preparedness and the long-standing structural weaknesses of the national power system. Since July 12, the Tunisian Company of Electricity and…...

African Manager
en.africanmanager.com > tunisias-electricity-production-rises-6-through-may-2026

Tunisia's electricity production rises 6% through May 2026

4+ day, 23+ hour ago   (261+ words) Tunisia’s national electricity production increased by 6% during the first five months of 2026, reaching 7,506 GWh, including renewable self-generation, compared with 7,067 GWh in the same period of 2025, the National Observatory of Energy and Mines (ONEM) said in its May 2026 Economic Outlook report....

African Manager
en.africanmanager.com > tunisia-algeria-step-up-customs-cooperation-to-combat-smuggling

Tunisia, Algeria step up customs cooperation to combat smuggling

6+ day, 52+ min ago   (242+ words) Tunisia and Algeria reaffirmed on Friday their commitment to strengthening customs cooperation, particularly in combating smuggling, facilitating the movement of travelers and goods and accelerating the digitalization of customs procedures, at the conclusion of the Tunisian-Algerian Joint Customs Commission meeting....