TBBC: Strategic partnership for holding ABEF 2019 in Tunis

The Tunisian-British Chamber of Commerce (TBCC) and the Africa Blue Economy Forum (ABEF) signed, on Wednesday, a strategic partnership for the organisation of the 2nd edition of Africa Blue Economy Forum (ABEF) to take place in Tunis on june 25 and 26, 2019. ABEF 2019, in collaboration with the TBCC, will bring together government officials as well as experts, investors, companies, politicians, international organisations, civil society, public institutions and other opinion leaders in Tunisia, according to a TBCC statement issued on Wednesday. Participants will discuss and debate emerging sectors related…

Tunisia’s Inclusion on EC High-Risk List adds to challenges of banking sector (Fitch)

“Tunisia’s addition last week to the European Commission’s list of countries with weak anti-money laundering and counter-terrorist financing frameworks adds to the challenges faced by the country’s banking sector,” Fitch Ratings reports. “EU banks that want to continue providing correspondent banking and other banking relationships in Tunisia will now have to carry out increased checks on all financial operations involving Tunisian financial institutions and their customers. As a result, some EU banks may choose to de-risk by cutting their ties to Tunisian financial institutions instead,” the ratings agency asserted in…

Training in Moringa cultivation for women in Sfax

Some 20 rural women who have received training in planting and cultivating Moringa, were given training certificates on Monday by Bir Salah training centre of El Hancha delegation (Sfax governorate). This training is organised at the initiative of the Centre d’orientation et de reconversion professionnelle (CORP) of the Tunisian-German Chamber of Industry and Commerce (AHK Tunisia). It aimed to match the qualifications of job seekers to the real needs of each region and companies, said COPR Director Youssef Fennira. Director of the Bir Salah training centre, Sarra Toumi, indicated that…

Hotels in Djerba are already full for spring

Minister of Tourism and Handicrafts René Trabelsi said last Friday that several hotels in Djerba island are already full according to the bookings made until next April. He pointed out that the number of tourists, particularly European tourists, had increased significantly. The minister, who was speaking at Mosaïque Fm on the sidelines of a visit to Houmet Essouk on the island of Djerba, said that his department was currently studying the issue of hotel units that had been closed for several years due to a lack of tourists. He added…

2.5% growth of Tunisian economy in 2018, 1.9 % in 2017

The Tunisian economy grew 2.5 % in 2018 compared with 1.9%  in the previous year, the state statistics institute reveals. The GDP growth was driven by a 2.2-percent expansion in the fourth quarter of 2018, according to the state institute. Tunisia is aiming to raise GDP growth to 3.1 % in 2019. The budget deficit is expected to fall to 3.9% of gross domestic product in 2019, from about 5% in 2018, according to the state’s forecast. TunisianMonitorOnline Share+1TweetShare0 Shares

More European airlines are returning to Tunisia

More European airlines are returning to Tunisia, the Far Out Magazine website reports . Many of Europe’s largest airlines are running commercial flights to Tunisia once again as governments being to relax their travelling advice on visiting the country, the same source said. Now though, Thomas Cook has resumed flights to Tunisia and in excess of 220 holidaymakers flew to Enfidha airport from Birmingham on Tuesday. The same flight headed to the city from Manchester in the same day as an all-inclusive seven-night trip. Planning for a busy summer of…

UN, EU Bank Approve More Support for Tunisia’s Olive Sector

Support for Tunisia’s olive sector by the Food and Agriculture Organization of the United Nations (FAO) and European Bank for Reconstruction and Development (EBRD) is set to continue with the approval of the third stage of this multi-year project, Olive Oil Times reports. The FAO and EBRD have been providing a much-needed boost to Tunisia’s olive oil sector  for the past five years with the aim to enhance its quality, efficiency and competitiveness. The next stage of the project is due to begin during the first quarter of 2019 and…

Organic olive groves: Tunisia ranks 1st

Tunisia ranks first in the world in terms of the area devoted to organic olive groves, out of a list of 30 organic olive-growing countries, according to the report “The World of Organic Agriculture: Statistics & Emerging Trends 2019”, published on February 13, 2019 by the Swiss Organic Agriculture Research Institute and the International Federation of Organic Agriculture Movements (IFOAM). The areas devoted to organic olive groves in Tunisia amount to 255 thousand hectares (ha), compared to 235 thousand ha in Italy, which ranks second, and 195 thousand ha in…

6th edition of 2019 Entrepreneurship Fair opened

The sixth edition of the 2019 Entrepreneurship Fair opened on Tuesday (12 to 14 February). This show, offers a larger exhibition space which offers the opportunity for 15,000 participants to meet more than 80 exhibitors for 3 days. This show will allow 200 young people with projects to participate in the Riyeda Awards competition. The objective of this competition is to offer them support and financing for their projects. More than 15,000 visitors from different regions nationwide are expected to attend this event, said Iskander Haddar, organiser of the fair.…

Billions of dollars to be given by WB to Mena economies this year

The World Bank (WB) will give billions of dollars in loans to the Middle East and North Africa in 2019 to accelerate economic reforms underway in countries such as Jordan, Tun­isia and Egypt, WB regional vice-president said. However, total funding is expected to decline slightly from the record $6.2 billion the bank invested in Mena in 2018, as some countries – most notably Tunisia – are approaching their maximum borrowing limit, The National reports. “Some countries we have supported with loan financing over the past few years have nearly reached…