Early Warning System

Countries

Tunisia

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Jul 24, 2024

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Tunisie Telecom

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Communications

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 205.92 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 190,000,000.00
Converted using 2024-07-24 exchange rate.

Primary Source

Original disclosure @ EBRD website

Updated in EWS May 6, 2026

Disclosed by Bank Mar 19, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the partnership entails (i) a long-term financing, in the form of an up to EUR 190 million development-linked loan to finance capital expenditures, (ii) together with a grant to support Tunisie Telecom's investments in cybersecurity.

The financing is combined with a holistic policy and strategic assistance (iii) at the level of Tunisie Telecom, with a comprehensive transformation programme to modernise and underpin the growth of the national operator, and (iv) at the level of the national telecommunications regulatory authority, the Instance Nationale des Telecommunications with a policy dialogue programme.

The comprehensive strategic partnership between the EBRD and Tunisie Telecom, Tunisia's national telecom operator, aims to improve the country's digital infrastructure and drive the company's transformation.

The loan will finance multi-year investments in upgrading Tunisie Telecom's mobile access network from 3G/4G to 5G, expanding its fibre network, connecting up to 200,000 Tunisian households to fibre-to-the-home, and modernising the company's backbone and core network, as well as targeted investments in energy efficiency and energy production.

To enhance the country's international connectivity, the loan will also finance Tunisie Telecom's connection to the MEDUSA submarine cable, a subsea cable network in the Mediterranean Sea, which spans more than 8,000 kilometres and connects close to 13 countries in Europe, North Africa and the Middle East.

The grant-funded transformation programme of Tunisie Telecom will focus on critical areas of corporate development, such as skills development, sustainability, energy efficiency, digitalisation, cybersecurity and strategic reform, and is expected to improve the company's efficiency, resilience and competitiveness.

The grant-funded policy engagement with the Instance Nationale des Telecommunications will focus on providing capacity-building and improving competitiveness and infrastructure-sharing in the Tunisian telecommunications sector.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	Tunisie Telecom	Client	-

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Quentin Moreau
moreauq@ebrd.com
https://www.tunisietelecom.tn/particulier/a-propos-de-tt/

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html