ennahda-tunisia

Automotive: German Benteler starts building plant in Morocco, a competitive industrial hub

The German Benteler group has launched construction works of its new automotive plant in Kenitra Atlantic Free zone. The new manufacturing facility will be built over 50,000 square meter site having direct access to the freeway and good connections to the port of Tangier in northern Morocco. It is expected to be operational in 2026. […]

Japan’s Sumitomo Group to open electronic cable production plant in Tunisia

Japan’s industrial giant Sumitomo Group will launch next year in Tunisia a plant where it will produce cable harnesses for automobile companies in Europe. The plant to be located in Monastir industrial park (NEOPARK), will be erected by Sumitomo Electric Wiring Systems Europe (SEWS-E), the Japanese group’s European subsidiary. The future plant will require investment […]

Afreximbank commits $500 million to Tunisia-Africa trade promotion program

The African Export-Import Bank (Afreximbank) is to implement a Tunisia-Africa Trade and Investment Promotion Program (TATIPP) with an initial commitment of $500 million to promote trade between Tunisia and the rest of Africa, President of the Bank, Benedict Oramah, has announced. Speaking in Tunis during a meeting Tuesday with President Beji Caid Essebsi, Prof. Oramah […]