Aeronautics has been one of Tunisia’s fastest-growing industries since 2003, posting double-digit annual growth rates even after the 2011 revolution. The country has leveraged its proximity to Europe and specialises in low-cost component manufacturing.
Tunisia has extensive experience in phosphate mining and fertiliser production, as the country’s first mines opened in the late 19th century. Tunisia relies on substantial reserves of phosphate rock, which is estimated at 900m tonnes and regulated by the National Office of Mines. As its stands, phosphate accounts for 2% of Tunisia’s GDP and...
Car insurance is by far Tunisia’s largest line, accounting for 45.7% of total industry premiums in 2015. Premiums for the segment reached TD766.8m (€328.8m), up by 8.5% from the previous year and slightly ahead of an overall insurance market growth rate of 7.9%. Industry figures say the market will continue to expand steadily in coming years...
As one of the most developed markets in North Africa, Tunisia’s insurance sector has seen a steady increase in premiums and penetration in recent years, with life and medical insurance segments in particular experiencing notable growth.
What banking reforms would be most beneficial to the development of Tunisia’s capital markets?
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