On September 22, 2026, in Tunis, Tunisia's Minister of Economy and Planning, Samir Abdel Hafiz, and African Development Bank's General Manager, Malin B lomberg, signed two guarantee agreements between the Republic of Tunisia and the African Development Bank. The agreements will provide financing for the National Water Exploitation and Distribution Company and the Tunisian Chemical Complex.
The first financing agreement is valued at 111.5 million euros, approximately 377 million dinars, and will contribute to the project to improve the technical and energy efficiency of the drinking water network in Greater Tunis. This project aims to enhance the performance of the water supply system in the region.
The second financing agreement is worth 110 million dollars, approximately 321 million dinars, and will support the project to enhance environmental protection and modernize the production units of the Tunisian Chemical Complex. This project seeks to promote sustainable development and reduce the environmental impact of the complex's operations.
According to Samir Abdel Hafiz, these projects align with the strategic priorities outlined in the 2026-2030 development plan, focusing on food and water security, energy security, and environmental protection. The Minister emphasized the government's commitment to supporting strategic public institutions to improve their performance and achieve economic and social objectives.
Abdel Hafiz expressed satisfaction with the level of cooperation between Tunisia and the African Development Bank, highlighting the bank's role in supporting Tunisia's economic and social development. He praised the bank's contribution to financing these significant projects, which will have a positive impact on the country's development.
Malin B lomberg, African Development Bank's General Manager, emphasized the strong cooperation between the bank and Tunisia, reaffirming the bank's commitment to supporting the country's development priorities. She highlighted the importance of these projects in achieving food and water security, reducing environmental pollution, and promoting economic growth.
The two guarantee agreements demonstrate the ongoing partnership between Tunisia and the African Development Bank in supporting the country's development goals. The bank's financing will enable the implementation of these critical projects, contributing to Tunisia's economic and social progress.
Key points
- The agreements will support projects to improve the drinking water network in Greater Tunis and modernize the production units of the Tunisian Chemical Complex.
- The financing agreements are valued at 111.5 million euros and 110 million dollars, respectively.
- The projects align with Tunisia's strategic priorities, focusing on food and water security, energy security, and environmental protection.
