Tunisia among Top 10 African countries in UNCTAD B2C E-Commerce Index 2018

Tunisia was ranked as the 4th country in Africa and 79th worldwide in the latest United Nations Conference on Trade and Development – UNCTAD B2C E-Commerce Index 2018. According to this report, Mauritius (55th globally) tops the African countries , followed by Nigeria (75th), South Africa (78th), Tunisia (79th), Morocco (81st), Ghana (85th), Kenya (89th), Uganda (99th), Botswana (100th) and Cameroon (101st). Tunisia’s performance is due to its internet penetration rate, estimated at 66% with 7.65 million users (May 2018). Its ranking is also explained by the growing number of…

Licenses granted to four foreign companies producing electricity from wind

ABO WIND AG (Germany), UPC Tunisia Renewables (Netherlands) and French LUCIA HOLDING and VSB Energies Nouvelles got their projects approved in principle and were granted licenses by the Ministry of Industry and Small and Medium-sized Enterprises. The four foreign companies produce electricity from wind with a 120 Megawatt generating capacity and an overall investment of 400 million Tunisian dinars. 76 direct and indirect jobs are expected to be created. Mornag (governorate of Ben Arous), Jebel Sidi Bchir, Jebel kochbata and Batiha (governorate of Bizerte) will be the project sites. Works…

22nd edition of Women Economic Forum, to be held on January 23-24 in Tunis

The 22nd edition of Women Economic Forum (WEF Tunisia) will be held on January 23-24 in Tunis and organized by the Ministry of Women, Family, Children and the Elderly and the Embassy of India to Tunisia, in collaboration with All Ladies League, the Ministry reports in a statement. ALL Ladies League (ALL) is the world’s largest All-inclusive international women’s chamber and a global movement for the Welfare, Wealth, and Wellbeing of all by empowering women’s leadership. It counts 100 thousand members from 150 countries. Nearly 200 female personalities active in…

Tunisia at top 5 best African countries for business (Forbes)

Tunisia snatched the fifth best country rank for business in Africa and 82nd worldwide by US Forbes magazine. The list of African countries published in the latest “Best Countries for Business” report by Forbes, states that Mauritius is 39th globally, tops the African continent for investment followed by South Africa (59th), Morocco (62nd), Seychelles (66th) and Tunisia. Tunisia went up five spots compared to the 2017 report and is making progress, Forbes reports. The magazine took into account in its assessment reports published by the Freedom House, Heritage Foundation, Property…

Tunisian Trade delegation to visit Ghana

A Tunisian Trade delegation made up of 30 companies will visit Ghana from January 14 to 17 to explore business opportunities in the country. The delegation has expertise in the sectors of oil and gas, infrastructure and agribusiness, metal industry, renewable energies ICT and transport equipment Ghana News Agency reports. The visit aims to explore a trade partnership with the Ghanian counterparts. A statement issued in Accra by the Tunisia Africa Business Council (TABC), organizers of the visit, said the delegation will have the opportunity to meet the government members…

Green for Growth Fund’s loan boosts energy efficiency in Tunisia

The Green for Growth Fund, an investment fund for energy efficiency and renewable energy projects in Europe and North Africa, has provided a €6 million ($6.8 million) loan to Attijari Leasing to expand energy access and efficiency in Tunisia’s small business sector. Attijari Leasing helps Tunisian companies finance and lease real estate, equipment, vehicles, and other items necessary to run their businesses. The company focuses on the small and medium-sized business market, including rural business, which has limited access to credit, Impact Alpha said. The loan from Green for Growth Fund will…

Locomotives delivered to Tunisia’s SNCFT

The National railway SNCFT has taken delivery of the first 10 of 20 EMD Type GT42AC diesel locomotives which are being supplied by Progress Rail under a 165m dinar contract awarded in December 2016, the Railway Gazette reports on Tuesday. The locomotives are being produced at Progress Rail’s site in Muncie, Indiana, according to the same source. Numbered 060DS651 to 060DS670, the metre-gauge locomotives are equipped with Series 710 engines, have a maximum speed of 100 km/h and incorporate features for operation in hot, dry and sandy conditions, the source said.…

Tunisia among countries ranking high on science and innovation in Africa

Tunisia, Morocco, South Africa and Kenya rank high on science and innovation in Africa. They invest a relatively higher share of their GDP in research and development than their peers and provide higher incentives for the private sector to carry out research than the rest of sub-Saharan Africa, said the 2018 Africa Sustainable Development Report titled “Towards a Transformed and Resilient Continent”. The report urges governments to strengthen their urban planning capacities to manage the potential of the region’s ever-expanding cities and to address environmental challenges, including climate change, drought…

5G licences to be issued in Tunisia by 2021

Minister of ICT and Digital Economy Anouar Maarouf announced that 5G licenses will be available in Tunisia by 2021, during the launch of the 2nd workshop on 5G  organised by the Agence nationale des fréquences-ANF. Anouar Maarouf said that Tunisia should be prepared for this new phase. There is favourable ground for innovation and investments in Tunisia, notably after the enactment of the startup Act, as they need efficient and modern networks to develop their innovative solutions.” Telecom operators in Tunisia are already testing their technical capacities to support 5G. Tunisie Télécom…