Tunisia has managed to pay off all its domestic and external debts for 2023 despite enormous pressure on public finances, Finance Minister Sihem Boughdiri said on Monday, dispelling doubts about the possibility of a default. Tunisia will pay $4 billion in external debt in 2024, a 40% increase on 2023, according to an official document, amid a shortage of external financing for the North African country as it struggles to redress its ailing public finances. According to economists, Tunisia has relied heavily on new domestic loans to repay its external…
Month: January 2024
IOM arranges home return of 392 illegal immigrants stranded in Tunisia
A total of 392 illegal immigrants stranded in Tunisia embarked on a home return in the past three days, TAP reported on Friday. The International Organization for Migration (IOM) announced that it had facilitated their safe and dignified return, according to the report. The immigrants included 163 individuals from Burkina Faso, 165 Gambians, 33 Malians, 23 Senegalese, seven people from Guinea and one Liberian. In 2023, the IOM arranged the return of 2,257 illegal immigrants stranded in Tunisia to their homeland. This figure increased by 45 % compared to 2022.…
Pro-Palestinian demonstration in front of South Africa embassy in Tunis
A number of civil society organizations have expressed their support for the complaint filed by South Africa against Israel before the International Court of Justice (ICJ). Many hope that the ICJ will follow the South African legal team’s request and grant an interim order calling for a ceasefire in Gaza, as requested by South Africa. “We wanted to thank South Africa, through its embassy in Tunisia, for doing what no Arab or Islamic country has done by calling for a ceasefire, because innocent people are still dying in Palestine today,”…
Chinese FM Wang Yi to visit Egypt, Tunisia as part of a four-country Africa tour
China’s Foreign Minister Wang Yi will this week visit Egypt and Tunisia, Beijing said on Thursday, as part of a four-country Africa tour before he heads to Brazil and Jamaica, Arab News reports. Wang’s first trip of the new year comes as China increasingly focuses on ties in the Global South, seeking to bolster its influence in regions traditionally dominated by the US and its allies. Wang’s Africa trip, which will also include Togo and Cote d’Ivoire, will take place from Jan.13 to 18, the foreign ministry said.China has historically…
Ons Jabeur inks sponsorship deal with Saudi fitness brand Kayanee
Credit goes to The National News UAE Tunisian tennis player Ons Jabeur has “signed a new sponsorship deal” with Saudi Arabia’s PIF-owned fitness and wellness brand Kayanee, according to Reem Abulleil of THE NATIONAL. Jabeur had been with Lotto Sport Italia for nearly a decade, but she will now be “wearing an exclusive tennis line designed for her by Kayanee,” an integrated company established by the PIF last year “with the goal of promoting quality of life for women.” Jabeur recently took part in the first ever women’s professional tennis…
Tunisian universities organize hackathon to promote DLT teaching
Tunisian uTunisian universities ESPRIT and SUP’COM are collaborating with blockchain firm Dar Blockchain and the Hashgraph Association to host three-day hackathons from January 26 to 28. The goal of these hackathons is to enhance the adoption and understanding of Distributed Ledger Technology (DLT). ESPRIT University and SUP’COM University are organizing concurrent events with support from Dar Blockchain and the Hashgraph Association.niversities organize hackathon to promote DLT teaching, cryptopolitan reports. The hackathons aim to provide a platform for participants to learn, collaborate, and contribute to the transformation of industries. Co-founders of Dar Blockchain,…
Tunisia, UNDP to strengthen cooperation in security reform
Tunisia and the United Nations Development Program (UNDP) agreed on Tuesday to strengthen bilateral cooperation on security reform, the Tunisian Interior Ministry said in a statement. The decision was taken at a meeting held in Tunis between Tunisian Interior Minister Kamel Feki and UNDP Resident Representative in Tunisia Céline Moyroud. Mr. Feki reiterated his country’s commitment to strengthening cooperation in security reform, in line with the standards and provisions of international conventions and agreements. The two officials also stressed the need to adopt community policing in more of Tunisia’s provinces,…
South Korea’s Yura Corporation plans to create up to 6,000 jobs in Tunisia
South Korea’s Yura Corporation, which specializes in the production of spare parts for the automotive industry, is looking into the possibility of expanding into Tunisia, said Kim JONG GU, CEO of Yura Corporation’s Tunisian subsidiary, reads a press release issued by FIPA on Monday. At a meeting held in Tunis with FIPA-Tunisia CEO Jalel TEBIB, JONG GU emphasized that this expansion will be achieved through a cable production unit dedicated primarily to the automotive industry, as well as systems for mobility. He went on to say that the unit would…
Benghazi Chamber to participate in 4th Tunisian International Business and Finance Forum January 22-24
Benghazi Chamber of Commerce, in cooperation with the Tunis Chamber of Commerce and Industry, announced Thursday its participation in the fourth Tunisian International Business and Finance Forum to be held from January 22-24 in Tunis, Libya Herald reports. Benghazi Chamber said this important forum brings together a qualitative number of businessmen from Tunisia and various Arab countries, with the presence and official interest of various Tunisian authorities. TunisianMonitorOnline
TABC to organize business mission in Benin
Tunisia Africa Business Council (TABC), in partnership with Get’IT (ICT sector) and Tunisia Building Partners (construction sector), is organizing a multi-sector economic mission in Benin from February 12 to 15, 2024.Benin has become a destination of choice for investors and exporters, according to the economic NGO. It points out that in 2022, Benin recorded economic growth of 7.4%, the highest in its region. The Beninese government is committed to creating a favorable investment environment. The country has an attractive investment code offering tax and customs incentives to investors. These are…