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Although the Tunisian tourism recovery that started at the beginning of 2017 is real, the sector’s foreign currency earnings remain low to insignificant. “We are speaking about a recovery in tourism without seeing a similar increase in revenues,” said Chedly Ayari, Governor of the Central Bank of Tunisia (BCT). The ...

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Virtuous plant rejuvenates community

The people of the El Hencha, a small town not far from Sfax, Tunisia, continue to practise traditional agricultural techniques, based on the cultivation of olive and almond trees and small-scale vegetable plots, for which they need to draw heavily upon groundwater reserves. These practices are typical of those found ...

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French tourists return to Maghreb countries

The number of French tourists choosing to travel abroad rather than domestically has gone up this year, with a marked increase in the numbers going to Tunisia and Morocco. The ‘Entreprises du Voyage’ agency has monitored the findings of 850 travel agency bookings for this summer. While Spain, Greece, Italy ...

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EBRD supports small businesses and trade in Tunisia

Strengthening the competiveness of local enterprises in Tunisia and their integration in wider markets, the EBRD is providing a financial package to Union Internationale de Banques (UIB), a subsidiary of Société Générale. The package consists of a €40 million loan for on-lending to small and medium-sized enterprises (SMEs) and a ...

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