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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 […]
Tunisia: Presidential candidate Ayachi Zammel accumulates more than 30 years in prison
Abdel Sattar Al-Massoudi, a lawyer representing former presidential candidate Ayachi Zammel, has confirmed that the Kairouan Court of First Instance sentenced his client to 5 years and 4 months in prison on charges related to three cases of falsified recommendations. Al-Massoudi disclosed that the cumulative prison sentences handed down to Zammel across multiple cases now […]
OCP plans international bond worth up to $2 bln to fund development plan
Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]



