Author: BGMN

Water stored in dams stood at 839.815 million cubic meters (m3) on April 12, down 16.9% on the average for the last three years (1,010.755 million m3), according to a report on the situation of dams published on Saturday by the National Observatory for Agriculture (ONAGRI).The deficit is estimated at 170.940 million m3. At the same date, the filling rate had reached 36.3%, with dams in the north supplying water at a rate of 43.7%. The Bouhertma dam recorded the highest filling rate (64%) with 71.378 million m3, followed by…

A new flight route has been announced from Stansted Airport to a tourist hotspot in Africa. TUI has announced it will be running flights to Tunisia from summer 2025 as part of its holiday programme for the year, Essexlive reports. The route will be travelling from the Essex airport to Enfidha in Tunisia in the northern part of Africa next year. TUI said it is aiming to offer people more “choice and flexibility” to customers in the county and the UK. The full TUI programme for summer 2025 includes 14…

Tunisia will receive EUR 123 mn from The European Investment Bank (EIB) and EUR 122 mn loan from the African Bank of Development (AfDB) for the construction of the Bizerte bridge project, according to a statement released last week. Construction will take place over 38 months for the bridge and 27 months for its roads and interchanges, according to the statement. The project involves building a 2.07 km, 56-meter-high bridge that should move traffic away from the city center, the statement adds. The project will also support regional economic activity…

Tunisia is embarking on a transformative journey towards renewable energy with the initiation of Project B, a pioneering solar photovoltaic power plant in Feriana town. This ambitious venture, backed by Qair Solar, marks a significant milestone in Tunisia’s efforts to diversify its energy mix and reduce reliance on fossil fuels, Solar Quarter said Project B, financed with EUR 3.9 million from the European Bank for Reconstruction and Development (EBRD), aims to construct and operate a 10MW solar PV plant. The project, categorized as Environmental Category B, signifies a strategic move…

Rating agency Moody’s maintained Tunisia’s long-term foreign and local currency rating at “Caa2”, while improving theoutlook from negative to stable. Moody’s attributes the decision to a significant reduction in the current account deficit compared to historical levels and the agency’s previous forecasts. In its foreword, the agency highlights that the Central Bank of Tunisia, thanks to a new law approved by Parliament, is now “responsible for payments on all government bonds”, underlining that “these debt instruments are issued on behalf of the government”. In this regard, Moody’s underlines that the use…