Category: business

The digital Tunisia strategy includes objectives related to start-ups through the improvement of the business climate, said Thursday Minister of Communication Technologies and Digital Economy, Anouer Mâarouf at the launch of a first pilot digital centre in Tunisia, Africa and the Middle East. He added that his department is working with the Ministries of Higher Education and Vocational Training and civil society to consolidate the skills of young entrepreneurs and promote the creation of Start-ups. The Minister indicated that Start-ups need 5 strategic programmes, especially at the programming level, laboratories…

As part of the upcoming inter-governmental Italy-Tunisia summit April 29-30, a business forum will be held in Tunis on cooperation between the two countries, ANSAmed reports. The forum will be organized by the Italian Institute for Foreign Trade (ICE), the Italian industrial employers’ confederation Confindustria and the Italian banking association (ABI), and the Italian foreign ministry. The forum aims to look into business opportunities especially as concerns future projects drawn up by the Tunisian government in key industrial sectors. As part of the forum there will be discussion, thus, on…

Tunisia has officially joined the Asian Infrastructure Investment Bank (AIIB). “The AIIB approved the accession of Tunisia on April 22,” the Ministry of Development, Investment and International Cooperation said in a statement. The total approved membership of the AIIB has increased to 97, the statement reads. During his visit to China in February, Development, Investment and International Co-operation Minister Zied Ladhari formally requested the membership of the financial institution for his country. “This would allow Tunisia to receive funding for many development projects, particularly in the areas of infrastructure, transport,…

Tunisia recorded a 17.4 per cent leap in the number of tourism arrivals. 592,000 visitors arrived in Tunisia from January to March 2019, the Ministry of Tourism announced. Besides, hard currency tourism revenues registered a significant 35.1 per cent surge to stand at USD262.6 million during the first quarter of the year, the ministry revealed. These increases are attributed to a massive turnover of traditional European markets along with a hike in booking to the Tunisian destinations, explained Minister of Tourism Rene Trabelsi. During the first three months of the…

The International Monetary Fund (IMF) said on Wednesday it had reached a staff-level agreement with Tunisia on the fifth review of a loan. The agreement will allow Tunisia to benefit from a disbursement of $247 million following the Executive Board’s review that is expected to take place by early June this year. Tunisia concluded 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 heal public services. “This will bring total…

Tunisia is planning to issue sovereign bonds in bitcoin to fund infrastructural developments, reported Asia Times from IMF’s Springs Meetings summit. Marouane El Abassi, Governor of the Central Bank of Tunisia told the meeting delegates that his country was looking to launching a sovereign bitcoin bond. The former World Bank official said the bitcoin and blockchain offered central banks an efficient tool to curb money laundering, terrorist financing, simplify remittance, and drain grey economies. TunisianMonitorOnline

Tunisia is number 1 in terms of organic olive-growing areas and is the pioneer in Africa in organic products. Being the leading exporter of organic products in Africa and the leading exporter of dates in the world, Tunisia is the champion in terms of surface area, with 306,000 hectares devoted to organic agriculture. Minister of Agriculture Samir taïb said, during a debate on the theme ” organic market in Switzerland and Europe and the Tunisian potential”, held in Tunis, that Tunisia is the first African and Arab country to have…