Tunisia raises 700 million euros on Eurobond market to fund 2019 fiscal budget deficit

Tunisia Wednesday said it succeeded in raising 700 million euros on the financial bond market with an interest rate of 6.37 per cent as it sought to borrow money to cover its 2019 fiscal budget deficit. The ministry of finance in a statement said the North African country will reimburse the bond over seven years. […]

CFC Teams up with Barcelona Financial Center to Bolster Investments between Morocco, Spain, Africa

Casablanca Finance City (CFC) and Barcelona Center Financer Europeu (BCFE) have sealed a cooperation agreement to enhance and tap investment opportunities between Spain, Morocco and Africa The deal lays the foundation for a sustainable cooperation that aims to promote investment opportunities between Spain, Morocco, Africa’s gateway. The Moroccan and Spanish financial centers pledge to set […]

Tunisia: Ruling Nidaa Tounes elects two rival leaders ahead of year’s end elections

The party of President Beji Caid is descending into deeper crisis as party members elected Saturday two rival leaders in parallel congresses ahead of October and November parliamentary and presidential elections.   The first electoral congresses of Nidaa Tounes, which started last week under the motto of “unity” ended up into two congresses that elected […]