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Tunisia Aquaculture Fund

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Established in 2016, the objective of the company fund is to achieve investments in a portfolio comprising about 15 projects worth an average of TND 3 Million (USD 1.5 Million) through shares in small- and medium-sized enterprises engaged in aquaculture (feed production, larva production, fish breeding and marketing), targeting mainly Tunisia and other countries in the Middle East and North Africa (MENA) region.

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Republic of Tunisia

Contact address
  • Icon (+216) 711 97920
  • Icon (+216) 711 97921
  • Icon s.bejja@essaimage-sagescapital.com
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Designed capacity

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Capital and shareholders

Subscribed capital is TND50 million and shareholders are:

  • – AAAID: 15%
  • – STB Bank: 10%
  • – Deposit and Guarantee Fund: 20%
  • – Assurances Maghrebia: 5%
  • – Unsubscribed shares: 50%
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Average sales

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Market share

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Company products

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Investment cost

The total investment cost of the projects is approximately TND98.5 million (US$49.25 million) and its contribution in projects is estimated at TND43.45 million (US$21.7 million).

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Financial indicators

  • – IRR 15%
  • – Paying 100% of the capital plus interest at 9% per year
  • – 80% of remaining balance distributed to shareholders after payment of annual interest

Learn about the investment opportunities in: Tunisia Aquaculture Fund

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Contribution to fund capital