The Tunisian government has signed two guarantee agreements with the African Development Bank (AfDB) worth approximately 700 million dinars. The agreements were signed on September 22, 2026, in Tunis by Minister of Economy and Planning Samir Abdelhafidh and AfDB's Deputy Director General for the Tunis office, Malinne Blomberg. The funds will be allocated to the National Water Exploitation and Distribution Company and the Tunisian Chemical Group.
The first financing agreement is worth 111.5 million euros, equivalent to around 377 million dinars. It will be used to improve the technical and energy efficiency of the drinking water network in Greater Tunis. This project aims to upgrade the existing infrastructure to reduce water losses and enhance the overall performance of the network.
The second financing agreement is valued at 110 million dollars, approximately 321 million dinars. It will support the environmental rehabilitation and modernization of the Tunisian Chemical Group's production units. This project seeks to enhance the company's competitiveness while minimizing its environmental impact.
Minister Abdelhafidh emphasized that these projects align with Tunisia's strategic development plan for 2026-2030. The plan prioritizes water, food, and energy security, as well as environmental protection. The minister expressed his satisfaction with the partnership between Tunisia and the AfDB, highlighting the bank's crucial role in supporting the country's economic and social development.
Malinne Blomberg reaffirmed the strong cooperation between Tunisia and the AfDB. She stressed the importance of these projects in ensuring water and food security, reducing pollution, and improving living standards. Blomberg also expressed the bank's commitment to continuing its support for Tunisia's development programs.
These two financing agreements demonstrate the AfDB's ongoing commitment to supporting Tunisia's development in priority sectors. The bank's interventions in Tunisia focus on addressing the country's key challenges, including water scarcity, environmental degradation, and economic competitiveness.
The successful implementation of these projects is expected to have a positive impact on Tunisia's economy and environment. The improved water network and rehabilitated chemical production units will contribute to the country's sustainable development and enhance the quality of life for its citizens.
Key points
- The African Development Bank has committed approximately 700 million dinars to support Tunisia's water and chemical sectors.
- The financing agreements align with Tunisia's strategic development plan for 2026-2030, prioritizing water, food, and energy security.
- The projects aim to improve the technical and energy efficiency of the drinking water network and rehabilitate the Tunisian Chemical Group's production units.
