Year: 2023

A research, development and innovation (RDI) fund, “Support for innovation and sustainability in Tunisia”, endowed with 5 million dinars, was launched on Tuesday at a press briefing organized by the Ministry of Industry, Mines and Energy. It aims to stimulate the growth potential of Tunisian SMEs operating in the industrial and related services sector, and seeking to undertake RDI projects in collaboration with public or private players, service providers or relevant clusters. Launched in partnership with the European Union and the Federal Ministry for Economic Cooperation and Development (BMZ), the…

A Tunisian-Italian tourism event will be held in March 2024 in Tunis, with the participation of a high-level Italian delegation led by Italian Tourism Minister Daniela Santanche, the Ministry of Tourism and Handicrafts announced recently. During the event, the Tunisian and Italian parties will sign a memorandum of understanding with the aim of boosting bilateral cooperation in the tourism sector. The decision to organize this event was taken during a working session held in Milan between the Minister of Tourism and Handicrafts, Mohamed Moez Belhassine, and his Italian counterpart, on…

The African Development Bank (AfDB) has approved an €81.9 million (US$89.08 million) loan to Tunisia to improve wastewater treatment for agricultural reuse and strengthen its climate resilience, Tunis Afrique Presse (TAP) reported on Wednesday. The project to improve the quality of treated wastewater for climate resilience will enable water to be treated to agricultural reuse standards. The project is scheduled for implementation over the period 2024-2028. “This project is an important example of the link between water, energy and agriculture by improving treated wastewater for agriculture and reducing energy costs…

The latest rains in Tunisia over the last few days have been a real blessing after months of drought. But what about the dams? According to the Observatoire tunisien de la météo et du climat, recent rainfall has reached 40 million cubic metres, equivalent to 20 days’ consumption. At present, according to the same source, the rainwater is still trickling down through the rivers to reach the dams. More rain is expected in mid-December. On Monday December 11, 2023, engineer and meteorologist Mehrez Ghannouchi reported that the rate of filling…

Tunisia’s inflation rate fell for the third consecutive month, according to figures released on Tuesday by the National Institute of Statistics (INS). On its official website, the INS reported that the inflation rate was 8.3% last November, compared with 8.6% in October and 9% in September. “This decline in inflation, despite the monthly rise, is due to the deceleration in the rate of price increases between November and October this year, compared with the same period last year”, explained the INS. According to the Institute, “the annual rate of price…

Tunisia Africa Business Council (TABC), together with the Organisation for Economic Co-operation and Development (OECD), is co-organizing a workshop on Monday and Tuesday, December 4 and 5 in Tunis, to review the ASQIIA project “Accelerating and Expanding Quality Infrastructure Investment in Africa”. The ASQIIA project aims to support the development cycle of infrastructure projects in Africa by implementing two interdependent work streams. These include the production of up-to-date information on country investment priorities and key pipelines for the coming years, and the establishment of a dynamic community of practice for…