Day: January 8, 2019

Tunisia adopts tax provision to reduce ADSL connection price this year

BGMN

Tunisia’s 2019 fiscal law containing the new tax provision on ADSL connection came into effect on January 1, 2018. This law reduces the value-added tax applied to ADSL connection from 19% to 7%. The government wants to facilitate internet access to consumers, reduce the digital gap between regions and overall, guarantee social inclusion. It expects to meet the objectives of its Digital Tunisia 2020, while placing internet and ICT the focus of socio-economic development in the coming years, by facilitating the access of a large portion of the population to…

Green for Growth Fund’s loan boosts energy efficiency in Tunisia

BGMN

The Green for Growth Fund, an investment fund for energy efficiency and renewable energy projects in Europe and North Africa, has provided a €6 million ($6.8 million) loan to Attijari Leasing to expand energy access and efficiency in Tunisia’s small business sector. Attijari Leasing helps Tunisian companies finance and lease real estate, equipment, vehicles, and other items necessary to run their businesses. The company focuses on the small and medium-sized business market, including rural business, which has limited access to credit, Impact Alpha said. The loan from Green for Growth Fund will…

Locomotives delivered to Tunisia’s SNCFT

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The National railway SNCFT has taken delivery of the first 10 of 20 EMD Type GT42AC diesel locomotives which are being supplied by Progress Rail under a 165m dinar contract awarded in December 2016, the Railway Gazette reports on Tuesday. The locomotives are being produced at Progress Rail’s site in Muncie, Indiana, according to the same source. Numbered 060DS651 to 060DS670, the metre-gauge locomotives are equipped with Series 710 engines, have a maximum speed of 100 km/h and incorporate features for operation in hot, dry and sandy conditions, the source said.…