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| May 07, 2022 at 9:02 p.m.
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All Tunisian decision-makers, including the current government, keep repeating the extreme importance of investing in Africa. The successful model that is always given as an example is Morocco with its banks established in the majority of African countries, Air Maroc which serves major African cities, efficient economic branches…
Moreover, Maroc Telecom entered the Mauritanian market years after Tunisie Telecom and intends to stay there. Maroc Telecom is present in eleven African countries!
In Tunisia, the governmental ruling class headed by President Kais Saied talks about the economic importance of Africa without concrete actions. Worse, Tunisia is withdrawing from investments in Africa.
Latest, Tunisie Telecom intends to sell its subsidiary in Mauritania Mattel although the latter, directed by the Tunisian CEO Elyes Ben Sassi, is making excellent performances.
The sale of Mattel deprives Tunisian technology companies seeking opportunities in Mauritania.
The sale of Mattel is an admission of the failure of Tunisia’s ability to impose itself on the African market and gives a bad image of the entire Tunisian ICT sector.
The worst part is that the reason for the sale is not profitability, since Mattel has returned to profit, but Tunisia Telecom’s need (like the country) for liquidity.
L’aberration is that the money from the sale would make it possible to finance the plan of voluntary departures of the personnel of Tunisie Telecom and… the old dividends of the shareholders!!!
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