Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Tunisia
ABCI and Tunis try ICSID mediation to settle 21-year battle over BFT

The World Bank's arbitration arm has suspended the Tunisian state v. ABCI Investments proceedings over BFT to give the parties a month to find an amicable settlement starting 19 October. [...]

Published on 23.10.2020 at 05:00 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Africa Intelligence relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Choose an offer

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Business

Set up email notifications for these topics

ABCI Investments
Amen Bank
BCT
Beji Caid Essebsi
Ben Ali
BFT
BIAT
Chafik Jarraya
Hichem Mechichi
ICSID
Kais Saied
Kamel Eltaief
Lotfi Abdennadher
STB
World Bank

Tunisia
Saied looks to liquidate BFT to sidestep ICSID arbitration

The Tunisian president has set in motion the compulsory liquidation of the Banque franco-tunisienne (BFT), a bank that lies at the heart of drawn-out litigation with its former owner, ABCI Investments. After a mediation bid failed, the saga has gone back to arbitration.

Free access Finance, Business 24.02.2022

Algeria
Sunny Hill seeks out arbitration expert in battle against Sonatrach

Deprived of its shares in the Algerian gas field Ain Tsila, the British junior formerly known as Petroceltic has enlisted the help of a star arbitrator to explore taking action against the Algerian national oil company Sonatrach.

Subscribers only Energy 29.06.2021

Tunisia
Saïed and Mechichi bicker over relations with Paris

President Kaïs Saïed and his chief of staff Nadia Akacha are fuming after Prime Minister Hichem Mechichi's official visit to France on 14 December.

Subscribers only Politics 21.12.2020

Prime Minister Hichem Mechichi's visit to Paris to meet his French counterpart Jean Castex on 14 December.

Tunisia
Kaïs Saïed transfers Covid medical purchases to military

Defense Minister Brahim Bertégi, one of the few members of the government who is close to the president, has been put in charge of emergency drug and medical equipment procurement.

Subscribers only Politics 09.11.2020

Tunisia
BFT case: False start on ICSID with ABCI

Prime Minister Hichem Mechichi almost immediately backtracked after he agreed to a mediation process with ABCI Investments, which is seeking $1bn in damages before the ICSID arbitration court.

Subscribers only Business 06.10.2020

Tunisia
IVD wrong-foots the State in BFT affair

The Truth and Dignity Commission (IVD) has intervened in the [...]

Subscribers only Business 16.05.2019

Spotlight | Tunisia
Korchid tries to find a way out of BFT trap

Prime minister Youssef Chahed and his government are not conceding defeat in the battle over the expropriation of the BFT (Banque Franco-Tunisienne) by the Ben Ali regime in 1989. In July, the ICSID arbitration tribunal has ordered Tunisia to compensate [.

Subscribers only Business 23.11.2017

Spotlight | Tunisia
Washington concerned about risk of banking collapse

Like the IMF and World Bank before it, the Obama administration fears that the Tunisian banking sector could collapse and has put the Central Bank of Tunisia (CBT) under surveillance.After a four-year gap, the Treasury Department’s Office of Technical Assistance [.

Subscribers only Business 29.09.2016

Tunisia
Slim Chaker stressed over BFT affair

The BFT (Banque Franco-Tunisienne) affair is wreaking havoc in high government circles. Finance minister Slim Chaker called a crisis committee [...]

Subscribers only Business 30.06.2016

Set up email notifications for these topics

ABCI Investments
Amen Bank
BCT
Beji Caid Essebsi
Ben Ali
BFT
BIAT
Chafik Jarraya
Hichem Mechichi
ICSID
Kais Saied
Kamel Eltaief
Lotfi Abdennadher
STB
World Bank

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Tunisia
ABCI and Tunis try ICSID mediation to settle 21-year battle over BFT

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Tunisia
Saied looks to liquidate BFT to sidestep ICSID arbitration

Algeria
Sunny Hill seeks out arbitration expert in battle against Sonatrach

Tunisia
Saïed and Mechichi bicker over relations with Paris

Tunisia
Kaïs Saïed transfers Covid medical purchases to military

Tunisia
BFT case: False start on ICSID with ABCI

Tunisia
IVD wrong-foots the State in BFT affair

Spotlight | Tunisia
Korchid tries to find a way out of BFT trap

Spotlight | Tunisia
Washington concerned about risk of banking collapse

Tunisia
Slim Chaker stressed over BFT affair

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Guinea Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC Dan Gertler's billions of dollars in royalties at heart of huge legal battle

African Union: the battle of the giants

East Africa's hotly contested coffee sector

William Ruto's new order

Tunisia ABCI and Tunis try ICSID mediation to settle 21-year battle over BFT

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Tunisia Saied looks to liquidate BFT to sidestep ICSID arbitration

Algeria Sunny Hill seeks out arbitration expert in battle against Sonatrach

Tunisia Saïed and Mechichi bicker over relations with Paris

Tunisia Kaïs Saïed transfers Covid medical purchases to military

Tunisia BFT case: False start on ICSID with ABCI

Tunisia IVD wrong-foots the State in BFT affair

Spotlight | Tunisia Korchid tries to find a way out of BFT trap

Spotlight | Tunisia Washington concerned about risk of banking collapse

Tunisia Slim Chaker stressed over BFT affair

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Tunisia
ABCI and Tunis try ICSID mediation to settle 21-year battle over BFT

Tunisia
Saied looks to liquidate BFT to sidestep ICSID arbitration

Algeria
Sunny Hill seeks out arbitration expert in battle against Sonatrach

Tunisia
Saïed and Mechichi bicker over relations with Paris

Tunisia
Kaïs Saïed transfers Covid medical purchases to military

Tunisia
BFT case: False start on ICSID with ABCI

Tunisia
IVD wrong-foots the State in BFT affair

Spotlight | Tunisia
Korchid tries to find a way out of BFT trap

Spotlight | Tunisia
Washington concerned about risk of banking collapse

Tunisia
Slim Chaker stressed over BFT affair