Month: July 2023

Tunisian olive oil export revenues have increased by 36.9% since the start of the 2022/2023 campaign until the end of May 2023, reaching 2.1 billion dinars, despite a 9.8% drop in the volume of exports (to 132.5 thousand tonnes), according to data published on Monday by the National Observatory of Agriculture (ONAGRI). In fact, the average price of olive oil during the first seven months of the 2022/2023 campaign increased by 52% compared with the same period of the previous campaign, with a variation of 14 DT/kg to 20 DT/kg…

The Tunisia-Europe undersea cable project, which would link the electrical grids of Tunisia and Europe, has received approval for $268.4m in finance from the World Bank Group‘s board of directors. Additionally, it will assist the trade in renewable energy. Which is crucial to Tunisia’s plan for climate change and sustainable development. The initiative will strengthen the World Bank’s long-standing collaboration with the Tunisian government in the energy sector, according to Alexandre Arrobbio, the country’s World Bank manager. Furthermore, Italy’s Terna and Tunisia’s Steg are working together to build the 600-megawatt Tunisia-Europe undersea cable…