Tunisia, China, Turkey and Germany sign cooperation deals

The Ministry of Development, Investment and International Cooperation announced cooperation deals inked with China, Turkey and Germany. Under the agreements, Tunisia is joining hands with the three countries on investments as well as strengthening bilateral collaboration. According to the ministry, “a Memorandum of Understanding (MoU) was signed between the Foreign Investment Promotion Agency (FIPA) and the China Investment Promotion Agency.” Through this contract, Tunisia and China pledge to set up an institutional framework for the exchange of information involving investments. The agreements were penned on the sidelines of Tunisia Investment…

Tunisia Investment Forum opens

 The two-day Tunisia Investment Forum (TIF 2019) held by the Foreign Investment Promotion Agency (FIPA) opened on Thursday. This new edition of the Tunisia Investment Forum (TIF) on the theme “Invest in Tunisia, the Next Opportunity” will focus on the promotion of Tunisia as a leading country in artificial intelligence, attractive in the field of communication and information technologies. The Tunisia Investment Forum (TIF) aims to “create an open and interactive debate to identify investment opportunities and challenges that Tunisia faces in the coming stage, in order to continue positioning…

Tunisia to take part in China-Africa event on economy

Tunisia will take part in the China-Africa Economic and Trade Expo, to be held for the first time on June 27-29, in Hunan Province. Vice President of the Tunisian-Chinese Business Council (CATC) Dhouha Chtourou said that the selected Tunisian companies will exhibit their products over an area of 100 square meters. According to her “the Tunisian delegation, which will attend the China-Africa Economic and Trade Expo, includes representatives from the Export Promotion Centre of Tunisia (CEPEX), Foreign Investment Promotion Agency (FIPA), Tunisian National Tourist Office (ONTT), and representatives active in…

SITIC Africa 2019 opens in Tunis

The 4th International Exhibition of Information and Communication Technologies Africa 2019 (SITIC2019) opened, on Tuesday in Tunis, to strengthen triangular partnership in ICT between Tunisia, Western countries and Africa. The new edition, organised from June 18 to 20, 2019, at El Kram Exhibition Centre in Tunis aims to enhance the Tunisian site as an open portal on Africa, while placing emphasis on the capacities of Tunisian companies active in the digital field. It also aims to develop the North-South-South partnership, in order to boost investment and export and create job…

Tunisia telecom market revenues up 5.2 % in Q4

Tunisia’s telecom market revenues rose by 5.2 % year-on-year in the fourth quarter of 2018 to reach TND 730 million, according to the latest figures from regulatory authority INT. The growth was supported by the ongoing strong performance in the fixed data (+25.3%) and mobile data (+14.6%) segments, based on revenues of TND 120.1 million and TND 172.7 million respectively. Mobile telephony still accounts for the largest share of revenues, at TND 338.6 million, and fell by 1.8 % year-on-year, Telecompaper reports. MVNO Lycamobile showed the strongest growth, more than doubling…

Pilot project launched in Tunisia to reduce food imports

A pilot project, underway in Tunisia, is designed to reduce food imports. Drone technology is being used to collect and analyse data, and monitor irrigated areas, combat pests, Africanews reports. The Bank launched the project, in cooperation with the Busan Metropolitan City in Korea with support from the Korea-Africa Cooperation fund (KOAFEC). The session in Malabo included Korea’s ambassador to Equatorial Guinea H.E Kwak Ji Hwan, Korean technical experts, senior Bank officials, and private sector representatives. “We see Korea as a strategic partner with respect to technology transfer, especially ICT technologies, drone…

Borj El Amri gas turbine power plant contributes 11% to energy production

The first supply of electricity from the gas turbine took place on Thursday, with the launch of the first unit of Borj El Amri power plant, with a capacity of 312 megawatts (MW), which provides no less than 11% of the national electricity production, TAP reports. Work on the first gas turbine and the remaining components of the first phase of this energy project have taken 11 months to complete since their launch in November 2018. The installation of the second gas turbine will start in the coming period and…

IMF disburses $247 million loan tranche to Tunisia

Reuters reported that the International Monetary Fund (IMF) on Wednesday approved the payment of a $247 million loan tranche to Tunisia, the sixth under its loan program after the statement of Minister of Reforms Taoufik Rajhi. Tunisia struck a deal with the IMF in December 2016 for a loan program worth around $2.8 billion to overhaul its ailing economy. It included steps to cut chronic deficits and trim bloated public services. This will bring total disbursements to about $1.6 billion since 2016. The IMF approval will open the way for…

Tunisia to secure harvest through drones

Minister of Agriculture, Water Resources and Fisheries Samir Taieb said drones will be used to secure agricultural and grain crops so as to contain the wave of fire on agricultural lands the recent days. He said that he will hold talks with Interior Minister Hichem Fourati on the issue of the blazes damaging a number of hectares of agricultural lands. The National grain harvest will be secured by using drone technology, which is suggested to make the process facilitated. Taieb noted that: “for the first time, drones will be used…

4th edition of SITIC Africa 2019 technology fair in Tunis

The fourth edition of the SITIC Africa information technology and communications trade fair is due to be held on June 18-20 in Tunis. The fair’s key objective is to enhance knowledge of African IT and communications technology (ITC) in various economic sectors including agriculture, industry and services. It also targets Western businesses interested in partnerships in Tunisia and other countries in Africa. The trade fair includes B2B meetings, forums, and workshops, as well as a technological expo of Tunisian businesses to present their innovative applications and solutions as well as…