World Bank to invest $75m in project to support Tunisian startups, small businesses

he World Bank plans to invest $75-million to support Tunisian startups and small businesses, ventureburn reports in its website. In a statement last month, the World Bank said it will invest $75-million in its Tunisia Innovative Startups and SMEs Project. The initiative will be implemented by the Caisse de Dépôts et Consignations (CDC) and will be co-ordinated closely with the World Bank’s private-sector arm, the International Finance Corporation (IFC). The project is designed to support the Tunisian government’s Startup Tunisia programme, the World Bank said. The World Bank’s Tunisia Innovative Startups and SMEs Project will invest…

Startup act Tunisia: 75 young companies receive their label

75 young Tunisian companies have been awarded the “young company” label launched as part of the “Startup act Tunisia” project, which is one of the main chapters of the Tunisia 2020 digital strategy, announced Anouer Maarouf, Minister of Communication Technologies and Digital Economy. Speaking on Friday, on the sidelines of the work of the participatory conference on the strategic plan “Digital Tunisia 2025”, the Minister reviewed the results achieved under the “Digital Tunisia 2020” strategy developed in 2013/2014, such as the implementation of messaging management systems between administrations, the integrated…

“Degleya”, Tunisian technique for protecting Tunisian dates created by Enactus ESSECT students

Mouhamed Ghayadhi, founder of “Degleya” said that Tunisian dates protection has now become the key concern of Enactus ESSECT after a group of students visited the Tunisian south seeking a solution for the problem of the fall of dates’ production. Enactus ESSECT students worked on the creation “Degleya “also known as “namouseya” which is the most efficient way to protect the Tunisian dates from heavy rain or hot weather and even from insects such as pyrala worm and myelois, he added in an interview withTunisianMonitorOnline. Mouhamed Ghayadhi also indicated that…

Call for Tunisian start-ups to participate in Tokyo International Conference on African Development

On the sidelines of the Tokyo International Conference on African Development (TICAD), the Japan International Cooperation Agency (JICA) launched a call for applications to Tunisian start-ups to participate (for free) in this Forum. The forum will be held August 28-30, 2019 in Yokohama, APII said on its website. Several issues will be addressed by TICAD new edition including the challenges of investment in infrastructure and energy sectors. The African Development Bank (AfDB) and JICA will propose solutions, from their respective experiences, to be developed with the private sector. Thematic sessions…

33 Tunisian companies obtain Startup label

Some 33 Tunisian companies obtained, on Friday, the Startup label which will allow them to benefit from several incentives to develop their activities.Minister of Communication Technologies and Digital Economy Mohamed Anouar Maarouf, who presented these labels, stressed that his department is working to create the investment fund in addition to supporting Startups in 2019. The objective of these labels is to create 1, 000 Startups and 10 thousand opportunities of jobs over the next five years. This label is awarded to innovative projects with an extended capacity operating in all…

InstaDeep raises $7m in round led by Tunisia’s AfricInvest

Enterprise artificial intelligence (AI) startup InstaDeep has raised a $7-million Series-A round led by Tunisian private equity firm AfricInvest, ventureburn reports. Endeavor Catalyst — the co-investment fund of Endeavor, a non-profit organisation that supports high-impact entrepreneurs around the world — also participated in the round which the startup announced in a statement last Tuesday on May 7. InstaDeep was founded in 2014 in Tunis, Tunisia by CEO Karim Beguir and Zohra Slim. The startup is now based in London and has offices in Paris, Tunis, Nairobi and Lagos. The startup applies deep reinforcement learning…

Tunisia E-Health Challenge 2019 final to elect 3 most efficient prototypes

The final of the third edition of TUNISIA E-Health Challenge is scheduled for Saturday, April 27, 2019 at Elgazala Technopark. Organized by the Institut Supérieur des Technologies Médicales de Tunis (ISTMT), under the aegis of the UTM, in partnership with Elgazala Technopark and in collaboration with the ATGBM association and the BiomedInnov club, this event aims to elect the best new biomedical solutions. This national competition gives greater visibility to the efforts of young people who are passionate about digital technology and innovation to address certain issues affecting the world…

Tunisian startup Vneuron opens branch in Cameroon

Tunisian digital transformer Vneuron officially opens a branch in Douala, the economic capital of Cameroon, Business in Cameroon website reports. Key activities targeted by the company in Cameroon include IT services for export; commercial, financial, industrial, movable property or real property operations, an so on. Vneuron is an actor in the software world for compliance, workflow and content management. The Tunisian company is financed by AfricInvest. The leader of private equity dedicated to Africa and more particularly to Sub-Saharan Africa assists in its strategy to switch from an integrator model…

First edition of IndabaX Tunisia to take place Saturday, April 13 at Sup’Com

The first edition of IndabaX Tunisia is due to be held next Saturday, April 13 at Higher School of Communications of Tunis (SUP’COM) . The event provides an opportunity for the Tunisian Artificial Intelligence (AI) community to meet, discover the most recent advances in the field and exchange ideas. InstaDeep and IEEE SUP’COM announce in a statement the arrival of the Africa-spanning Deep Learning event initiative ‘IndabaX’ to Tunis. By bringing the event to Tunisia, the company and the student branch aim to place Tunisia among the leading African countries…

Startup Act: 12 companies obtain Startup label

One year after the entry into force of the Startup Act, a ceremony was held fridayto deliver the Startup label to a first wave of emerging companies. Meeting this morning in Dar Dhiafa in Carthage, the College of Startups decided to grant the label to 11 companies operating in various sectors. Theyare : Enova Robotics Datavora Ezzayra Be Wireless Solutions Medilsys Roam Smart Polysmart Vitalight Lab NextGen, Corp. Nostatik Media Dabchy PayPOS TunisianMonitorOnline