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When the coronavirus undermines an already very fragile tourism
Tourism could only be the first sector to suffer from the coronavirus crisis in Tunisia. Despite the resilience it has shown on many occasions, the sector is facing an unprecedented situation, where the crisis of the coronavirus is dealing a death blow to a plethora of businesses already weakened...
Tunisia-based ALUBAF International Bank Posts $3.3 Million Loss in 2020
ALUBAF International Bank, an offshore bank based in Tunis, a subsidiary of Libyan Foreign Bank (LFB), has just published its financial statements for the...
Tunisia: Shell to hand back its upstream concessions
Oil and gas company Shell has officially confirmed that it will hand back the upstream concessions to the Tunisian government upon license expiry, a...
Business: Equatorial Guinea takes bold action to aid explorers
The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more; the measure reflects broader efforts to drive global investment into Equatorial Guinea in line with...
Difficult choice between balancing budget and risking multi-digit inflation
Ahmed El Karam, one of the few wise men in the sector and former president of APTBEF spoke to Africanmanager about this new controversy over the financing of a very large part of the state budget by the BCT.
That controversy has not yet been discussed on TV, and yet...
Tunisia
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