Public Management

Tunisia: German bank KfW provides €100 million for water projects

Tunisia: German bank KfW provides €100 million for water projects
Tuesday, 18 December 2018 11:14

In a release published on December 12, 2018, the German development bank Kreditanstalt für Wiederaufbau (KfW) announced that it granted €100 million loan to Tunisia for water projects. The interest rate of this loan refundable over fifteen years is 2.2%. The loan agreement was signed in Tunis, the Tunisian capital, by Zied Laâdhari, Tunisia’s development minister and Sven Neunsinger, managing director of the German bank.

During the signing, Zied Laâdhari explained the importance of this funding that will contribute to the implementation of the 2nd  national reform program in the water sector.

Gunter Berger, director general at the German ministry of economic cooperation and development (BMZ), who was present during the signing of the loan agreement, indicated that the new loan from the KfW shows the German government’s will to continue to support Tunisia in the implementation of its reform and development programs.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Equatorial Guinea’s economy will contract by 3.1% in 2025 after a modest 0.9% growth in 2024.• Afreximbank will raise $4.5 billion to fund the...
Legal appeals and calls for stability following leadership shake-up delay the Group’s listing on the Central African stock exchange. Highlights ●...
Cenntro has signed a deal with Moroccan firm Electricove to build an EV assembly plant. The factory will assemble models like the Teemak and LS450...
• Government to issue ₦80 billion in bonds through two tranches• Highest yield: 19.30% on four-year notes due April 2029• Bonds tradable, tax-exempt for...
Most Read
01

The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...

10 African Fintech Unicorns and Upstarts Make World’s Top 300
02

By linking ECOWAS countries, the project enhances regional digital infrastructure, which is crucial ...

Liberia, ECOWAS & World Bank collaborate on second West Africa submarine cable plan
03

The acquisition signals rising confidence in Africa’s digital infrastructure as a viable, long-term ...

Kenyan Mawingu Networks to Sell 35% Stake to South Africa’s Pembani Remgro Fund
04

As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...

Africa Faces 'Critical' Digital Skills Gap as Youth Population Booms, UN Warns
05

- Micro, small, and medium enterprises received over half of business loans in WAEMU in 2024 - Bank ...

WAEMU: SMEs Secured 52% of Business Loans in 2024, Up From 49% in 2023 
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.