In response to the COVID-19 crisis in Tunisia, the U.S. Agency for International Development (USAID), through its Tunisia Jobs, Opportunities & Business Success (JOBS) program, is providing assistance to private companies on the front lines of the fight against the pandemic. Tunisia JOBS also supports the Caisse des Dépôts et Consignations (CDC) in rapidly deploying financing to companies impacted by the economic crisis.
The first approved grant is awarded to Dasri Sterile, a company specialising in the treatment and disposal of hazardous medical waste. The company is located in El Krib in the governorate of Siliana. As part of the national effort to combat COVID-19, the company must significantly increase its treatment capacity. It will use the grant funds to quickly acquire equipment to treat and sterilize more waste. The grant is worth 650,000 TND.
Through its Tunisia JOBS program, USAID is assisting CDC in designing and implementing a TND 700 million fund to support businesses affected by the pandemic. Tunisia JOBS is providing support in structuring the fund, reviewing regulations and procedures, and identifying mechanisms for rapid transfer of funds to businesses.
As part of this action, Tunisia JOBS is working with the CDC and the private equity industry to establish a digital platform to identify companies seeking debt, equity and quasi-equity.