07/07/2014
AfDB approves USD 75 million non-sovereign guarantee corporate loan for energy project in Southern Tunisia (African Development Bank Group)
(Source: African Development Bank Group) The Board of Directors of the African Development Bank (AfDB) Group approved on June 26 a 7-year, non-sovereign guarantee, USD 75 million corporate loan to the Entreprise Tunisienne d'Activités Pétrolières (ETAP), the Tunisian state-owned oil and gas exploration and production company, to finance part of the South Tunisian Gas Project (STGP)/ Nawara project. The STGP (Nawara) Project involves the construction of gas...
