Tunisia participates in conference for leadership dialogue on food security in Africa

Minister of Agriculture Samir Taeib participates in the conference for Leadership Dialogue on Food Security in Africa on 5-6 August in the Rwandan capital, Kigali, a statement issued Monday by the Ministry of Agriculture, Hydraulic Resources and Fishery said. The high-level meeting is co-organised by the Government of Rwanda, the African Union Commission, the World Bank Group, the African Development Bank (AfDB), the Food and Agriculture Organisation of the United Nations (FAO) and the International Fund for Agricultural Development (IFAD). More than 200 experts from Africa and representatives of international…

Tunisian delegation in Northern Crops Institute

The Northern Crops Institute is hosting the “Tunisian Feed Manufacturing – Train the Trainers Program” in collaboration with U.S. Grains Council and Iowa State University on Aug. 1-7, 2019, agweek website reports. The course is arranged to “Train the Trainers” in which participants receive training and education on various topics pertaining to feed mill management so they can train their employees when they return to Tunisia. The tour began at Iowa State University where participants learned about general nutritional details as well as feed testing and safety basics. From there, participants will…

ECA calls on Tunisia to ratify AfCFTA to make the most of African market

The UN Economic Commission for Africa (ECA) on Friday called on the Tunisian government and the business community to ratify the African Continental Free Trade Area (AfCFTA) so as to exploit its economic potentials. Tunisia is one of the AfCFTA signatory AU member countries that are yet to ratify the agreement, the ECA in a statement issued on Friday stressed that “in order to better seize its potential, Tunisia will need to ratify the agreement soon, and bring national regulations in line with AfCFTA requirements.” According to the ECA, among…

Trade balance deficit stands at 22.2% in 2018 (BCT)

The trade balance fell over the year 2018, reaching a (FOB/CIF) deficit which stands at 3,457 MTD i.e 22.2%, with 19 billion dinars and 17.9% of Gross Domestic Product, giving a record that has never been reached before, the Central Bank of Tunisia (BCT)revealed in its 2018 Report. The widening is mainly the results of imports’ rise at a pace exceeding one of the exports (+20% and +19.1% respectively). The rate of coverage dropped, by 0.5 percentage point, coming to 68.3%. As regards geographical breakdown, Tunisia’s overall trade deficit stems…

Scatec Solar offers unbeatable bid for Tataouine’s solar project

The Ministry of Energy, Mines and Renewable Energy has received proposals for the implementation of five solar projects in the country. The most attractive proposal comes from the Norwegian company Scatec Solar, according to the ministry, Afrik21reports in its website. At least five solar power plants will be built in Tunisia, says the Tunisian Ministry of Energy, Mines and Renewable Energies, which recently made public some proposals from independent power producers (IPPs). A 200 MW photovoltaic solar power plant will be built in Tataouine in the south-east Tunisia, another 100…

Kaoun startup boosts financial inclusion by helping Tunisians create free bank accounts

Tunisian startup Kaoun is aiming to increase financial inclusion in Tunisia via its first product, a mobile and web app that allows users to create free bank accounts remotely. Formed in January 2018 when co-founders Nebras Jemel, Anis Kallel, and Rostom Bouazizi put their studies in the United States – at Harvard University, University of Rochester, and Columbia University respectively – on hold to come back to Tunisia and build a fin-tech startup, Kaoun is building a pipeline for financial inclusion, Disrupt Africa reports. The company’s first product is Flouci, an application that…

Tunisia, China to bolster relations as part of BRI

Tunisia is seeking to bolster collaboration with China as part of the Belt and Road Initiative (BRI).  The issue was at the centre of a meeting between Premier Youssef Chahed and head of the International Department of the Central Committee of the Communist Party of China (CPC), Song Tao. Both sides are also likely to engage in further discussions aimed at encouraging a comprehensive Sino-Tunisia growth of relations. Chahed also highlighted the significance of cooperation between the two countries, voicing anticipation for a stronger presence in BRI. Tunisia attaches great…

“Hajtibik” project for encouraging Tunisians in Italy to invest in Tunisia

An information session was held Tuesday in Zarzis by representatives of the International Organisation for Migration (IOM) to present the project “Hajtibik ija na3mlou Affare” (I need you, come and do business), launched a year ago and funded by the Italian development cooperation agency. This three-year project is meant for the governorates of Médenine, Tataouine, Jendouba and El Kef. It aims to encourage Tunisians residing in Italy to invest and establish partnerships in these regions. This project, with a total cost of 2.9 million euros (9.3 million dinars), also aims…

Photovoltaic solar power plant projects in Tunisia arouse interest of international operators

International operators have expressed their interest in the achievement of 5 solar photovoltaic power plant projects in the governorates of Tozeur, Sidi Bouzid, Kairouan, Gafsa and Tataouine, said the Ministry of Industry and SMEs on Monday. These are concession projects for the production of 500 megawatts of electricity from renewable energies (solar photovoltaic PV), production planned by Tunisia as part of its solar plan and its strategy to promote green energy. The production rates proposed as part of the financial offers collected range from 71.8 to 84.1 millimes per kilowatt/hour,…

Tunisia called to focus on reducing deficits and inflation while protecting disadvantaged (IMF)

“Near-term policies should continue to focus on reducing fiscal and external deficits, lowering inflation further, and strengthening the social safety net for low-income households”, concluded mainly the International Monetary (IMF) staff team after the end of their mission in Tunisia on July 11-17, 2019. According to a statement issued by the Fund on Wednesday, at the end of this mission “Tight monetary and fiscal policies during the first half of 2019 have reduced inflation and laid the foundation for the second year of budget deficit reduction. However, “risks to the…