Tunis

Gulf Finance House distances itself from finance harbor plan

Bahrain's Gulf Finance House (GFH) is distancing itself from its major Tunisian property project, Tunis Financial Harbour (TFH). GFH's local subsidiary, Tunis Bay Project Co is to drop out of the residential golf course project.

AfDB invests €70 million in Senegal’s new airport project

The Board of Directors of the African Development Bank (AfDB) approved on Friday 17 December 2010 in Tunis, a €70-million senior loan to finance construction of the Blaise Diagne International Airport on a new site located 45 km east of Dakar in Senegal.
The AfDB also acted as Mandated Lead Arranger (MLA) for the conventional financing tranche and facilitated €140 million additional senior loans.

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