World Bank’s IFC backs Tunisia’s automotive ambitions with $59.4 million financing for German supplier
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Ayodeji Adegboyega
3h ago
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Business InsiderWorld Bank’s IFC backs Tunisia’s automotive ambitions with $59.4 million financing for German supplierbusinessinsider.comThe International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is preparing to invest up to €52 million ($59.4 million) in German automotive supplier Marquardt GmbH, reinforcing Tunisia’s position as one of Africa’s leading automotive component manufacturing hubs despite a challenging economic environment.
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