Day: March 12, 2025

Net insurance premiums for insurance companies in Tunisia reached TND3.82bn ($1.24bn) in 2024, up from TND3.45bn in the previous year, a 10.8% increase, according to preliminary figures released by the General Insurance Committee (CGA), the insurance sector’s regulatory authority. Life insurance business in 2024 witnessed the fastest growth as the size of its operations reached TND1.15bn against TND955m in the past year, a jump of 20.1%. The life branch commanded a share of 30% of the market premium volume in 2024, up from 27.7% in 2023. TunisianMonitorOnline (NejiMed)

PhosCo (ASX: PHO) has received a key approval, commenced a $5 million capital raising and finalised global financing support to move its Gasaat phosphate project in Tunisia towards commercialisation. The company’s receipt of an exploration permit enables it to immediately commence its planned major resource drilling program at Gasaat. It follows the company signing a Memorandum of Understanding (MoU) last year with the government of Tunisia and the European Bank for Reconstruction and Development (EBRD) in a first-of-its-kind deal for Tunisia, smallcaps reports. The new drilling will test the upside identified at Gasaat,…