Zenith Energy, listed international oil & gas production company focused on pursuing African development opportunities, announced it has terminated the non-binding Letter of Intent (LOI) with a consortium of Arab investors.
The European Investment Bank (EIB), the financing institution of the European Union signed two finance contracts totalling €38 million with Tunisia and the National Water Distribution Utility (SONEDE) to secure the drinking water supply.
The European Bank for Reconstruction and Development (EBRD) is stepping up its efforts to support the Tunisian economy by increasing an existing trade finance limit for Banque de Tunisie from $20 million to $50 million.
CTI Clinical Trial and Consulting Services (CTI) has announced the acquisition of Clinart, a full-service CRO with nearly 20 years of experience and strong local expertise in the (MENA) region.
The Principality of Monaco signed its first funding agreement with UNIDO and the two parties have agreed a tripartite declaration together with the Union for the Mediterranean on empowering women in Tunisia.
Zenith Energy signed a conditional sale and purchase agreement with CNPC International Tunisia, for the acquisition of working interests in the North Kairouan permit and Sidi El Kilani concession.
The European Bank for Reconstruction and Development (EBRD) is strengthening the agribusiness sector in Morocco and Tunisia with a total loan equivalent to €10.9 million to Land’Or, a leading Tunisian processed cheese maker.
The EBRD is responding to the impact of the coronavirus pandemic on the Tunisian economy with a €5 million loan to Compagnie Internationale de Leasing (CIL) for on-lending to local private businesses.
The World Bank responded to dual economic shocks caused by the COVID-19 pandemic and the subsequent collapse in oil prices with strong lending, technical assistance and global expertise throughout the Middle East and North Africa.
IFC announced it will provide €23 million in financing to Tunisian company One Tech Holding to spur job creation and economic growth in Tunisia and Morocco.
The European Bank for Reconstruction and Development (EBRD) and the United Nations World Tourism Organisation (UNWTO) are joining forces to boost the recovery of the tourism sector across the 38 economies where the Bank invests.
The International Finance Corporation (IFC) is providing €10 million in funding to the Tunisian date processing company VACPA.
Tunisia's traditional Ramli agricultural systems in the lagoons of Ghar El Melh and its hanging gardens from Djebba El Olia, have been recognized as Globally Important Agricultural Heritage Systems (GIAHS).
Tunisia's traditional Ramli agricultural systems in the lagoons of Ghar El Melh and its hanging gardens from Djebba El Olia, have been recognized as Globally Important Agricultural Heritage System.
Tunisia has launched a contact-tracing mobile phone app that identifies and alerts users who may have had contact with others infected with the new coronavirus.
The African Development Bank (AfDB) has imposed a 13-month debarment on Entreprise de Travaux et d’Etudes de Projets (ETEP) SA, a civil engineering company registered in Tunisia, for engaging in sanctionable practices in Mali and Guinea.
Temenos announces that Enda Tamweel (Enda) has gone live with cloud-native, cloud-agnostic Temenos Transact, the next generation core banking product.
Emirates has announced plans to operate passenger services to limited destinations in Africa next week.
Unions for urban transport workers in Algeria, Morocco and Tunisia have joined forces at a workshop in Tunis to discuss how to working together under the Our Public Transport programme.
Tunisia can now export its products to 15 member States of the COMESA Free Trade Area without paying import duties after completing the process of developing and issuing the legal instruments for trading.
IFC, a member of the World Bank Group, is launching its MENA Women Banking Champions program in Maghreb to help expand access to finance and boost financial inclusion for women entrepreneurs in Morocco, Tunisia, and Algeria.
The International Fund for Agricultural Development of the United Nations (IFAD) announced support for a new project that aims to reduce rural poverty in the region of Kairouan, one of the most disadvantaged in the country.
Agribusiness makes an important contribution to the Tunisian economy, representing the third largest manufacturing sector and accounting for 9.5% of gross added value.
Maghreb Private Equity Fund IV (MPEF IV) has acquired 1.8 million new shares, representing 16.20% of the capital of the Tunisian agrifood firm Land’Or.
The Government of Tunisia is collaborating with the country’s mobile operators to develop an SMS-based early warning system to alert citizens at risk of major natural disasters.
IFC signed a memoranda of understanding with two Tunisian start-up accelerators to help unlock the potential of innovative entrepreneurship in the country, with a focus on women-led start-ups and creating jobs for young people.
Further expanding its footprint in Africa, Andersen Global announced it has signed a Collaboration Agreement with Tunisia-based tax firm Jelil Bouraoui & Associates.
The EBRD is helping to increase the availability of funds for small firms in Tunisia through a local currency loan equivalent to €2 million to Advans Tunisie.
Hilton will once again be welcoming guests to the Tunisian capital city of Tunis from after a landmark deal was signed with the Groupe Alliance.
Eni Tunisia inaugurated a new photovoltaic plant in partnership with the national company, Entreprise Tunisienne d’Activités Pétrolières (ETAP).
Eni, SNDP sign MoU to assess, extend experimental castor cultivation to produce sustainable biofuels in Tunisia
Eni and SNDP signed an MoU at the Tunisian Ministry of Industry on joint collaboration, through a joint company, to cultivate castor at a semi-industrial level used to produce sustainable biofuels.
The European Bank for Reconstruction and Development (EBRD) is strengthening the competitiveness of small firms in Tunisia by increasing the availability of funds, with a €5 million loan to Compagnie Internationale de Leasing (CIL).
The British Embassy in Tunisia announced a UK/Tunisia Sustainable Tourism Charter launched in Hammamet, one of the most popular tourism resorts for British visitors to Tunisia.
The African Development Bank launched the "Investia Enterprise" program to strengthen the dynamics of financial inclusion for Tunisian small and medium enterprises (SMEs).
WFP and the Tunisian Ministry of Agriculture signed a US$340,000 agreement to promote local agricultural development and better nutrition through innovative, home-grown school feeding programmes in Siliana, Tunisia.
The European Commission, on behalf of the EU, has approved the disbursement of a €150 million loan to Tunisia.
[Tunisia] African Development Bank grants STEG €138 million for electricity and renewable energy project
The Board of Directors of the AfDB has approved a total funding of 138 million euros for the Tunisian Electricity and Gas Company (STEG) to implement the project development and equipment of the electricity transmission network.
The Radisson Hotel Group has announced the signing of its first Radisson branded hotel in the city of Tunisia, Radisson Hotel Tunis.
“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa.
The number of countries participating in the COMESA Free Trade Area is set to rise as Tunisia prepares to join the trading regime by the end of this year.
The International Finance Corporation (IFC) has announced that it is investing $1 million in Tunisia’s Anava Seed Fund (ASF) to boost the country's Startup Ecosystem.
IFC, Financial Market Council begin consultations for the implementation of the guiding principles for green bonds in Tunisia
IFC, a member of the World Bank Group, and the Financial Market Council today launched a series of consultations aimed at leading to the development of the guiding principles of the Tunisian green bond market, social and sustainable.
Tunisair Express and ATR have confirmed a firm order for three ATR 72-600s. The aircraft will renew Tunisair Express’s regional fleet and supply essential connectivity, both domestically and internationally.
The South African Deputy Minister for Trade and Industry and the Tunisian Secretary of State for Foreign Affairs have committed to strengthen bilateral economic relations between the two countries in order to increase trade and investment.
In partnership with Panoro, (''Panoro Energy'') BW (''BW Energy'') has commenced the drilling of an exploration well at the Hibiscus Updip prospect on its Dussafu Marin permit, offshore Gabon.
Private Tunisian airline, Jasmin Airways, having made its first flight last month to Sarajevo in Bosnia-Herzegovina is looking at strengthening its hand with its third aircraft being delivered this month.
The Africa e-learning market reached a value of more than US$ 792 Million in 2018, exhibiting a CAGR of around 14% during 2011-2018 according to the latest report by Research and Markets.
The CEO of Eni, Claudio Descalzi, and Slim Feriani, Tunisian Minister of Industry, signed a new agreement for transporting Algerian natural gas through Tunisia.
The United States has signed a Customs Mutual Assistance Agreement (CMAA) with Tunisia marking a significant milestone in collaboration on security and facilitation of lawful trade between the two countries.
Temenos, the banking software company, today announced that the Arab Tunisian Bank (ATB) has become the latest bank in the country to select Temenos for its digital transformation program.
Eni has inaugurated in Tataouine, in the south of Tunisia, the construction site for a photovoltaic plant with an installed capacity of 10 MW.
Orange has launched the “Orange Digital Centre” in Tunisia’s capital Tunis, a place built around a completely new concept and entirely dedicated to innovation.
Huawei and Tunisia have agreed to strengthen cooperation on ICT talents cultivation, digital economy development and public safety.
European Investment Bank invests $15 million in Africa Industrialization Fund to support growth capital investments
The European Investment Bank has signed a commitment of $15 million with the SPE Africa Industrialization I Fund, targeting growth capital investments in SMEs and mid-market companies.
The KNCCI in collaboration with the Embassy of the Republic of Tunisia organized the 1st Kenya-Tunisia Business Forum with the aim of creating long-term economic relations between Tunisia and Kenya.
IFC and Tunisia’s Ministry of Communication Technologies and Digital Economy are launching a ground-breaking program designed to support high-potential startups and drive innovation across North Africa.
IFC signed an agreement with Banque de l’Habitat to launch a pioneering project that will help the bank boost financial inclusion for women in Tunisia and launch a digital offering for its customers.
The African Export-Import Bank is to implement a Tunisia-Africa Trade and Investment Promotion Programme with an initial $500 million to promote trade between Tunisia and the rest of Africa.
The Egyptian Exchange has started activating the MoU with Tunisian Stock Exchange in preparation for the 17th Joint High Committee Meetings which will be hosted by Tunisia in the first quarter of 2019.
The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) have announced a deeper partnership for economic development in six countries in Africa.
The Director General of the Italian Ministry of Foreign Affairs and International Cooperation signed three new funding agreements of €5.8 million for projects in Mozambique, Tunisia and MENA regions.
Egypt and Tunisia have signed a working program to exchange expertise in the fields of sea fishing and fish farming for 2019/20.
Growth in the Middle East and North Africa is estimated to have improved to 1.7 percent in 2018, contributed by acceleration in activity of both oil exporters and importers.
[Tunisia] AfDB, European Bank for Reconstruction and Development invest €150 million to improve sanitation in small municipalities
The African Development Bank and EBRD have signed a loan agreement to finance the sanitation programme for small Tunisian municipalities with fewer than 10,000 inhabitants.
Utopixar, a Tunisian startup set to deliver a social collaboration tool for communities and organisations has received up to $100,000 from UNICEF to improve the lives of the country’s most vulnerable children.
Temenos, the banking software company, announced that Banque de l’Habitat (BH) has signed for T24 Core Banking, Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management.
Eight pilots have successfully passed their drone flight training in Tunisia.
At least 3.5 million euros have been invested by the Alaturca Pedras Naturais plant, a company belonging to the Bongani Investment group, in the second line of cutting and polishing of ornamental rocks,
The North Africa mobile phone market, comprising Egypt, Tunisia, Algeria, and Morocco, saw year-on-year shipment growth of 11.5% in the third quarter of 2018.
South Africa Deputy Minister for Trade and Industry has received the assurance of the Tunisian business people that they are keen and committed to the establishment of the joint South Africa-Tunisia Business Council.
The African Development Bank (AfDB), as part of its African Women's Access to Finance Initiative (AFAWA), is partnering with Entreprenarium to build the capacity of 1,000 women entrepreneurs on the continent.
The president of the AfDB and the president of the European Bank for Reconstruction and Development met during the Africa Investment Forum and discussed new avenues for cooperation between the two institutions.
Panoro Tunisia Exploration has signed a Heads of Terms with Tunisian state-owned drilling contractor, for the use of the CTF-4, a 2,000-horsepower onshore rig.
The ECA Office for North Africa has launched the first Report on SDG implementation in Maghreb countries.
Due to an exceptional harvest and tourist arrivals that reached levels last seen in 2010, GDP growth in Tunisia have accelerated in the second quarter of 2018 to 2.8 percent, up from 2.5 percent in the first quarter.
Development projects financed by the International Fund for Agricultural Development (IFAD) have contributed to better living conditions and less poverty in rural areas of Tunisia.
IFC, a member of the World Bank Group, is providing a €40 million subordinated loan to Attijari bank Tunisia, a leading private bank in Tunisia, part of the Attijariwafa bank Group, to help strengthen its capital base and grow its lending operations.
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
Chinese based LONGi Solar has signed a Memorandum of Intent (MOI) with the Tunisian project developer SHAMS Technology for a long-term cooperation.
Unionaire Group has entered into a partnership with MIDCO, a subsidiary of the Tunisia-based Loukil Group, under an arrangement facilitated by the African Export-Import Bank (Afreximbank).
SOKOTRA Capital, a Dubai-based private investment company specializing in the agriculture and aquaculture sectors, has announced that a SOKOTRA Capital led consortium has completed the acquisition of 100% of AT.
Tunisia and the African Development Bank have signed an agreement for the launch of a pilot project to use drones for data collection to enhance management of agricultural projects in the country.
The membership COMESA has risen to 21 following the admission of Tunisia and Somalia at the 20th Summit of the Heads of State and Government in Lusaka, Zambia.
The International Services arm of TIM Group, and Tunisie Telecom have announced the upgrade of Tunisie Telecom’s international IP transit connectivity.
By ramping up their lending to female entrepreneurs, banks in Tunisia could dramatically increase their profits while also driving economic growth across the country, says a new report from IFC, a member of the World Bank Group.
The World Bank announced today US$130 million in additional support for decentralization in Tunisia, which is putting local governments in charge of addressing the development needs of their communities.
Bombardier Commercial Aircraft says it continues to notice a marked interest in pre- owned aircrafts in Africa with over seven airlines in the continent having placed orders in the last three months.
International fintech service provider eServGlobal has deepened its collaboration with existing customer, Ooredoo Tunisia through a two-year contract, which encompasses technology platform upgrades as well as two-years of support through to 2019.
Proparco has taken an equity participation worth 5.9 million in Enda Tamweel, the pioneering microfinance institution in Tunisia.
[Tunisia] Islamic Development Bank approves $184 million for energy, healthcare and social integration projects
Islamic Development Bank’s Board of Executive Directors meeting has approved mega financing for different projects in Tunisia.
Teleperformance and Vermeg Tunisia are topping the list of the best places to work in Tunisia for 2018 program, according to the annual Workplace survey driven by the global research firm Best Companies Group USA.
Despite fierce opposition, Tunisia has been added to the European blacklist of third countries thought to be at “high risk” of money laundering and terrorist financing.
The Director General of the AfDB for North Africa and the Tunisian Minister of Development, Investment and International Cooperation have signed two loan agreements relating to support of the development of technical and technological skills.
The Board of the African Development Bank Group (AfDB) has approved a loan of €112 million to help finance the North-East Road Connectivity Support Project in Tunisia.
The Economic Commission for Africa is focusing on essential components of structural transformation, such as sustainable investment in infrastructures and new industries.
The Board of the African Development Bank Group has approved a loan of €71.56 million to support the implementation of ‘Digital Tunisia 2020’ National Strategic Plan.
[Tunisia] European Investment Bank, Banque de l'Habitat sign $140 million credit facility to boost business financing
The European Investment Bank and Banque de l'Habitat have signed a new line of credit to strengthen access to bank financing for Tunisian companies, supporting more than 250 SMEs and over 1,600 jobs in Tunisia.
The Board of Directors of the African Development Bank Group has approved a loan of $141 million to Tunisia, intended to finance the second phase of the Regional Development Support Program.
Tunisia plans to increase its trade with other African countries in general, and with the Economic Community of West African States (ECOWAS) in particular.
Area9 Learning and Valia Investments have signed a long-term exclusive partnership to advance adaptive e-learning for corporations in North Africa and Middle East and North Africa region.