Category: business

A new technical cooperation project between the United Nations Food and Agriculture Organisation (FAO) and Tunisia was launched Thursday in Tunis, for $ 300,000, according to FAO Representative in Tunisia and Coordinator of the Office for North Africa Michael Hage This project aims to strengthen cooperation with Tunisia in the olive sector and the development of a long-term strategy, based on the benefits of the market for olive oil and its derivatives on the one hand and benefits of high productivity olive groves and their adaptation to drought periods due…

Tunisian young entrepreneurs will be take part Thursday, in the second edition of the regional entrepreneurial event of the Demo day which is held at the initiative of the programme of support for young entrepreneurs and acceleration of Startups in the region of North Africa ad Middle East Flat6Labs, at the Ennajma Ezzahra Palace (northern suburbs of Tunis). The products and services of seven new startups will be presented during this event whose objective is to support young, creative and ambitious entrepreneurs by ensuring their integration in several areas of…

Tunisia and China have signed a partnership agreement on developing digital economic infrastructure within the north African nation, the Tunisian Institute for Strategic Studies (ITES) said Tuesday. The deal was inked during the Belt and Road Digital Economy conference held in Beijing, the ITES said. This agreement will offer opportunities for young Tunisians, especially those in areas such as telecommunications, fiber optics, network computing and e-commerce, it said. Neji Jalloul, director general of ITES, noted that the Tunisian-Chinese bilateral trade continues to grow steadily and fruitfully. “The new Silk Road…

Moody’s forecasts a growth of 2.8% in 2018 and 3% in 2019 from 1.9% in 2017 and a rise in the government debt ratio to 73% in 2019 in Tunisia. The government debt ratio will reach 72% of GDP in 2018 and 73% in 2019, driven by a steady currency depreciation, persisting primary deficits and an increasing interest burden, Moody’s said in its report, “Government of Tunisia — B2 Stable, Annual credit analysis.” “Tunisia’s debt ratio increased sharply to almost 70% of GDP at the end of 2017 and higher…

 Tunisian Minister of Industry and Small and Medium Enterprises, Slim Feriani, said in a brief press statement during the Tunisian-Libyan Economic Forum on Sunday in Tripoli that the trade exchange between Tunisia and Libya has declined from $ 2 billion to only $ 1 billion. Feriani voiced  hope that the scale of trade will reach $ 3 billion by 2020, adding that the trading volume between Tunisia and Libya is well below the two countries’ potential and very low to what it was in 2010. The Tunisian-Libyan Economic Forum was…

THE Common Market for Eastern and Southern Africa (COMESA) is rallying its member states towards full adoption of digital technologies to tackle the developmental disparities within the bloc and enhancing efficiency in regional economic systems. With only a few weeks ahead of the 20th COMESA heads of state and government summit in Zambia, the 19-member bloc is already drawing regional attention to digital economic integration as the panacea to long-term economic growth and efficient productivity on the continent. The summit will take place in Lusaka on 18-19 July 2018 and…

Three road shows to present business opportunities in the Democratic Republic of Congo (DRC) will be hosted by THINK AFRICA Platform Members, Industry and Innovation Promotion Agency Reports (APII) on its site. These Road Shows will take place on July 3rd in Sfax, on July 4th in Sousse and on July 5th in Tunis. B to B meetings are planned between Tunisian operators and senior Congolese buyers. Particular interest will be given to the sectors of the pharmaceutical-human drugs and health services, building materials, building and public works and electrical…

A record number of over four million travellers is expected this summer, said Tunisair CEO Elyes Mnakbi. There will also be an increase in turnover, he said. He Thursday said, on the fringes of a conference in Tunis on the role of transparency in improving the profitability of the transport sector, figures will exceed those of 2008, a reference year for the national carrier. “The season will be exceptional in view of the coming home of Tunisian expatriates concurrently with the pilgrimage season and the transport of the national soccer…

The World Bank announced today a new US$500 million operation to support key reforms in Tunisia aimed at promoting private investment and creating opportunities for small businesses, while protecting vulnerable households and increasing energy security. The new operation will support concrete actions to simplify import and export procedures, open many sectors to investment, make it easier for small businesses to access credit and bid for government contracts, ensure social safety nets reach the poorest and help build human capital, and create a more sustainable and greener energy sector. The Investment, Competitiveness…