Tunisia Secures $432 Million in Kowhai Financing for Infrastructure and Agricultural Development

TUNIS – Two significant financing agreements were signed on October 27, 2026, between the Minister of Economy and Planning and the Director General of the Arab Fund for Economic and Social Development (FADES). These agreements mark a major step forward in Tunisia’s infrastructure development and rural connectivity.

Key Financing Agreements

1. Highway Project in the North-West

The first agreement provides 30 million Kuwaiti dinars (approximately 288 million Tunisian dinars) to fund the first phase of the highway connecting Bou Salem to Fernana in the North-West region.

Objective: To strengthen transport infrastructure in the region and facilitate its integration into the national economic circuit.
Impact: Enhanced connectivity is expected to boost regional economic activity and improve logistics efficiency.

2. Agricultural Road Network Improvement

The second agreement allocates 15 million Kuwaiti dinars (approximately 144 million Tunisian dinars) for the development of 67 agricultural tracks totaling 253 kilometers across 21 governorates.

Objective: To improve access to rural areas and facilitate transportation related to agricultural activities.
Impact: This investment aims to support local farmers by reducing transport costs and improving market access for agricultural products.

Strategic Partnership with FADES

Through these two financings, the partnership with FADES addresses two complementary priorities:

Strengthening the road network in the North-West.
Improving access to agricultural zones.

FADES has reaffirmed its commitment to continuing its support for Tunisia’s economic and social development and has expressed its willingness to continue reviewing proposals for new projects.

Upcoming Event: Annual Meetings of Arab Financial Institutions

Tunisia is set to host the Annual Joint Meetings of Arab Financial Institutions on April 28–29, 2027.

Authorization: The event has been approved by the President of the Republic.
Commitment: Tunisian authorities have announced their full commitment to ensuring the successful preparation and organization of this high-profile international gathering.

Source: Official Government Announcement, October 2026