U.S. Launches New Program to Attract Private Capital to Tunisia’s Phosphate Sector
The United States has launched a new initiative designed to channel private investment into Tunisia’s phosphate industry. Funded by the U.S. government and implemented in partnership with investment advisory firm CrossBoundary, the program aims to connect American investors and companies with PhosCo, an Australian firm developing a major phosphate project in Tunisia’s North-West phosphate basin.
Scheduled to run over two years, the program seeks to facilitate the mobilization of private financing, support job creation, and contribute to increasing national phosphate production. It also includes efforts to develop commercial agreements that will integrate Tunisian minerals into global supply chains.
CrossBoundary’s role is to streamline connections between PhosCo and potential investors who may fund the project’s development. Additionally, the initiative paves the way for broader commercial partnerships, strengthening ties between the U.S. and Tunisia in the critical minerals sector.
