AfDB Lends €60 Million to Tunisia for Economic Recovery Programme

The African Development Bank, AfDB, Wednesday said it has lent Tunisia €60 million to back Tunisia’s economic recovery plan and social inclusion, AfDB reports The credit line, according to the bank, will support the dynamics of economic recovery by improving the investment climate, preserving employment and promoting social inclusion through new mechanisms to respond to social challenges, exacerbated by the Covid-19 pandemic. It also supports the improvement of the efficiency of social spending by streamlining social assistance programs and adopting a more targeted approach to beneficiary populations. Tunisia is facing…

Medical supplies heading to Tunisia to counter COVID-19 spread

Medical supplies and equipment donated by the State of Kuwait were flown to Tunisia to help the fellow Arab country counter the spread of the coronavirus (COVID-19), Kuwait Red Crescent Society (KRCS) announced on Thursday. Head of medical services at KRCS Manhal Al-Enezi told Kuwait News Agency (KUNA) that the medical cargo included ventilators and other necessary equipment. A Saudi plane loaded with more medical equipment and supplies landed Thursday at Tunis-Carthage International Airport in a bid to underpin Tunisia’s anti-COVID-19 efforts. An Egyptian military plane arrived at Tunis-Carthage International…

TUNISIA: IFC supports CHO for an ecological production of olive oil

The International Finance Corporation (IFC), the subsidiary of the World Bank Group in charge of financing the private sector, has just approved a loan of 22 million dollars in favour of the CHO Group. The Tunisian olive oil producer will also be supported in the implementation of eco-responsible olive growing practices. Good news for the CHO Group. The Tunisian olive oil producer has just obtained a loan of 22 million dollars from the International Finance Corporation (IFC), the subsidiary of the World Bank Group responsible for financing the private sector.…

Tunisia: Renewable energy sector poised for growth

RES4Africa Foundation and AFRY says Tunisia could achieve its decentralised renewable energy sector development by opening its market to private investors and improving the energy off-taking conditions by increasing the attractiveness of its self-consumption regime. This is according to a new study examining the barriers to unleashing the development of decentralised routes to market for renewable energy sources in Tunisia. Think tank RES4Africa Foundation and Swiss-Finnish EPC AFRY collaborated on the study within the framework of the Foundation’s strategic programme, RES4MED. That framework sets up a benchmark comparison with other…

Feasibility studies for BRT system project in Greater Tunis

DTA Group, a consulting firm specialising in land, rail, port and airport transport infrastructure, has announced the launch of a pre-feasibility study for the implementation of a BRT (Bus Rapid Transport) system project in Greater Tunis, Tunisia’s capital and largest city. This study will examine initiatives for the deployment of a BRT system project in the Greater Tunis area across the capital, with a pilot experience linking the city centre of Tunis to the Berges du Lac Nord and La Goulette / El Kram. The project of BRT system in…

Green Climate Fund approves $170.9 million in co-financing for African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) programme

The Board of Directors of the Green Climate Fund (GCF) (www.GreenClimate.Fund) has approved $170.9 million in funding for the African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) programme (www.AfDB.org). LEAF aims to unlock commercial and local currency financing for decentralised renewable energy (DRE) projects in six programme countries: Ghana, Guinea, Ethiopia, Kenya, Nigeria and Tunisia. The Green Climate Fund funding is part of a global budget of $900 million to scale up the deployment of mini-grids, solar home systems and commercial and industrial solar solutions in the programme countries.…

Tunisia to buy 3.5 million doses of Johnson & Johnson COVID-19 vaccine

Tunisia announced on Tuesday that it would buy 3.5 million doses of COVID-19 vaccine directly from Johnson & Johnson, amidst heavy criticism of the government’s slow vaccination campaign. So far, only about 592,000 Tunisians have received the two doses of vaccine in this country of 11.6 million people. After successfully containing the virus in the first wave last year, Tunisia is struggling with an increase in infections. It has imposed a lockdown in some cities since last week, but has rejected a full national lockdown because of the economic crisis.…

Tunisia pushes urgent draft resolution to Security Council urging Ethiopia to stop Renaissance Dam filling

Tunisia has submitted a draft resolution to its partners in the Security Council calling on the Ethiopian government to stop the Renaissance Dam’s second filling and to refrain from any declaration or procedure that might jeopardize the negotiation process. In the final remaining hours before the Security Council’s meeting on the Renaissance Dam, New York State is witnessing intensive Sudanese and Egyptian moves aimed at presenting their position regarding the Renaissance Dam, AlTaghyeer reports. Khartoum and Cairo agreed to intensify consultations with the member states of the UN Security Council – before Thursday’s session…