African Development Bank Group Approves U.S.$110 Million for Environmental Upgrading of Tunisian Chemical Group

30 January 2026
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African Development Bank (Abidjan)
press release

The Board of Directors of the African Development Bank Group approved, on 28 January 2026 in Abidjan, $110 million in financing to Support the Environmental Upgrading and Rehabilitation of the Production Units of the Tunisian Chemical Group (PAER-GCT).

The Bank Group's financial support will contribute to sustainably reducing air pollution and improving the environmental, energy, and operational performance of the industrial facilities of the Tunisian Chemical Group (GCT) in Gabès, Skhira, and M'Dhilla.

"This project illustrates the Bank Group's commitment to supporting Tunisia in the environmental modernisation of its strategic industries, by reconciling industrial performance, environmental protection, and improved living conditions for surrounding communities," said Malinne Blomberg, Deputy Director General for North Africa and Country Manager for Tunisia at the African Development Bank. "PAER-GCT is part of the Bank's long-term engagement in Tunisia, notably through its support for the design and implementation of the Horizon 2035 Industrial and Innovation Strategy, developed in close collaboration with the Tunisian authorities. The objective is to foster a more competitive, sustainable, and environmentally responsible industrialisation."

This new operation confirms the Bank's role as a key partner to Tunisia in the sustainable transformation of its productive sectors and in building a growth model that is more resilient, inclusive, and environmentally sustainable.

Read the original article on African Development Bank (AfDB).

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