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Tunisia: SFBT reaches $1.45 billion of market capitalization

On August 27, 2018, Société de fabrication des boissons de Tunisie (SFBT) became the first company listed on Tunis stock exchange to reach TND4 billion (about $1.45 billion) of market capitalization. This level capitalization was reached when the local subsidiary of Castel group ‘s shares was listed at TND24.300 each. While Tunisia’s economy ...

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Tunisia sees 2019 economic growth rising to 3.5 pct

Tunisia expects economic growth to accelerate to 3.5 percent of next year from the 2.9 percent expected in 2018, driven by a recovery of the tourism industry and an expanding agricultural sector, a minister told Reuters on Wednesday. Minister of Reforms Taoufik Rajhi also said the government planned to reduce ...

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Over 5 Million Tourists Visit Tunisia in 8 Months

The nuber of tourist reached 5.15 million in Tunisia since the start of the year as of August 20, a 17.5% leap  on the same period in 2017, the head of the Tunisian tourism ministry’s cabinet, Nabil Bziouech, said. He pointed out  that this number led to a 44% increase ...

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Tunisia gets offers in soft wheat, barley tender

The lowest offer in the international tender from Tunisia’s state grains agency to buy up to 50,000 tonnes of soft wheat is $238.25 a tonne  The lowest offer in the international tender from Tunisia’s state grains agency on Friday to buy up to 50,000 tonnes of soft wheat is $238.25 ...

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Tunisia : Telnet Holding to soon establish a subsidiary in the United States

Telnet Holding, a Tunisian Computer systems design services company, has just been granted all the required authorizations to establish a subsidiary in the United States. Baptised Telnet Corporation, this new subsidiary falls within the framework of the group’s strategic direction which is focused on diversifying its international market. Let’s remind ...

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UN-AU Conference Showcases ICT Innovations to Attract Youth to Agriculture

-Discussing the role of ICTs in making the rural sector more attractive for young people, FAO Director-General José Graziano da Silva noted the need to “think beyond farm jobs,” and explore employment opportunities across entire agri-food value chains. -In a related initiative, FAO and its partners are supporting a series ...

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Underground irrigation technology helping Tunisian farmers counter drought

An underground irrigation technology has helped 100 farmers in Tunisia to continue farming in times of droughts.  Dubbed the Buried Diffuser, the technology utilizes 2 times less irrigation water than drip irrigation, while raising yields 3 to 5 times more; and ensuring water is not lost through evaporation. Developed by Chahbani Technologies of Tunisia, the ...

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Meet the 30 startups shortlisted for the 2018 edition of Demo Africa in Casablanca

Following a few months of innovation roadshows, city tours and virtual adjudication, the management team of DEMO Africa today announced the selection of the 30 finalist startups for the 2018 edition of the annual conference. They are: Accounteer (Nigeria): Accounteer is a cloud-based accounting platform that allows SMEs to create invoices, track expenses and ...

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Tunisia’s Food Trade Balance Swings to Surplus in July

The food trade balance posted a 182.7 MTD surplus in July against a 754.8 MTD deficit during the same period in 2017, which helped bring the coverage rate to 106.1%. Food exports and imports edged up 72.6% and 15.2%, respectively, according to data published by the National Observatory of Agriculture ...

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Tunisian entrepreneurs roll up sleeves after encouraging startup law

Tunisia’s Startup Act, enacted this spring to encourage the young entrepreneurs in the country, has got the ball rolling for projects that range from agriculture biotechnology to software development. One of those entrepreneurs, Suniya Elabyadi, left her job in the public sector last year to set up an agriculture technology company, which now ...

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