EU supports Tunisia’s ‘recovery’ with $100m grant

The European Union on Monday approved a 100 million euro ($103 million) grant to Tunisia, whose economy has been hit by the coronavirus pandemic and political unrest. The grant programme ” is intended to support economic recovery efforts and strengthen the progress already made in the distribution of social aid to citizens and businesses in need,” the EU delegation to Tunisia said in a statement. EU ambassador Marcus Cornaro said the European Union was keen to support Tunisia’s economic recovery after the fall of the Berlin Wall and “help Tunisian…

SanLucar receives partnership agricultural investment award in Tunisia

The multinational company SanLucar, dedicated to the production and distribution of premium quality fruit and vegetables, has just been awarded the Partnership Agricultural Investment Award in Tunisia. Awarded by the Tunisian Ministry of Agriculture and the Agricultural Investment Promotion Agency (APIA), this prize recognizes companies with a presence in Tunisia that have stood out for their economic performance and their ability to overcome conjunctural difficulties such as the continuity of their activity during the Covid crisis. The award also highlights the investment effort of the SanLucar Group in Tunisia, where the…

Yassir pulls in $150M for its super app, led by Bond

Yassir, an African super app platform that offers on-demand services such as ride-hailing, food and grocery delivery, and payments, has raised $150 million in Series B funding, five times what it raised in its previous priced round last November.  The investment was led by Bond, the growth-stage firm that Mary Meeker spun out of Kleiner Perkins in 2018. Other investors in the growth round include DN Capital, Dorsal Capital, Quiet Capital, Stanford Alumni Ventures and Y Combinator via its Continuity Fund, among other strategic investors.  The African startup, first launched in Algeria,…

Tunisian expertise takes part in KAS-BUSINESSMED workshop on Mediterranean free trade agreements

One year after the first workshop organized on economic recovery, BUSINESSMED and Konrad-Adenauer-Stiftung gathered in Turkey on October 14, 2022, leading experts operating in the Mediterranean region for a conference on the economic recovery in Europe and free trade agreements. The event saw the participation of two Tunisian experts, Ms ChemaTriki, currently responsible for industrialization at the Tony Blair Institute for Global Change and focuses on economic transformation and private sector development in Africa and working on job creation, development of industry and SMEs and employment policies.  The second Tunisian…

Tunisian-Libyan Trade and Industry Development exhibition: Misrata January 16 to 18, 2023

The Tunisian African Business Council (TABC) announced Tuesday that the first Tunisian-Libyan Trade and Industry Development exhibition will be held in the city of Misrata from 16 to 18 January 2023. Under the banner ‘‘Tunisia and Libya the Gateway to Africa’’, the events aim to strengthen the partnership between the two countries and pave the way for access to African markets. This initiative came following an agreement between the Tunisian-Libyan Business Council and the Misrata Chamber of Commerce during the fourth session of the Tunisian-Libyan Economic Forum held in Sfax…

Tunisia requests European funds for ELMED energy project

Tunisia sought funds from the European Union to finance an electricity connection project between with Italy called ELMED, as part of the Connecting Europe Facility (CEF) , Director General of Electrical Energy and Energy Transition at the Ministry of Industry, Mines and Energy in Tunis, Belhassen Chiboub, told TAP news agency. At the end of the third training session for journalists in the energy sector, he added that this project, whose investment cost is estimated at 800 million euros, will be operational in 2027. ELMED, which is managed by a…

Flat6Labs celebrates 3rd Hub Day of Ignite Tunisia project

Flat6Labs, the leading seed venture capital firm in North Africa and Middle East region, organised the 3rd Hub Day of the Ignite Tunisia project. This event brought together representatives of the entrepreneurial ecosystem, donors, investors and the media who gathered to discover the support programmes presented by structures from different regions of Tunisia, from Bizerte to Medenine, including Tunis, Nabeul and Monastir. During 4 months, the representatives of these 6 structures benefited from coaching and mentoring sessions covering several fields with national and international experts mobilized to support them, online…

Tunisian-Libyan Economic Forum opens next October

President of the Tunisian-African Business Council, Anis Jaziri, says that the fourth session of the Tunisian-Libyan Economic Forum will be a starting point to give back to trade exchanges between Tunisia and Libya at their “usual distinguished” pace. The regional office of the Tunisian-African Business Council in Sfax is organising the fourth session of the Tunisian-Libyan Economic Forum on October 12 and 13, 2022, under the slogan “The Forum for the joint building of an integrated economy.” More than 200 Libyan business leaders -men and women- are participating in the…

Tunisie Telecom and Huawei to launch innovation laboratory  

An innovation laboratory aimed at stimulating the growth of the 5G network in the coming years will be created in Tunisia, this is what has been agreed between the national fixed and mobile operator Tunisie Telecom and the Chinese group providing solutions in the information technology and communication sector ” Huawei. The objectives of this innovation laboratory will be to select partners in the technological ecosystem and develop digital solutions, test and validate them to make commercial applications, Tunisie Telecom said on Monday, without specifying the exact date of launching…

The Neo QLED 8K and The Freestyle, two new Samsung products land on the Tunisian market

A new generation of TVs with stunning picture quality and a portable smart projector that stands out from the crowd Samsung Electronics Ltd. officially announces the launch of its new range of Samsung Neo QLED 8K TVs and The Freestyle portable smart projector in Tunisia, both of which are now available in all local Samsung shops and outlets. With the Neo QLED 8K, Samsung introduces a new TV technology to the Tunisian market that pushes the boundaries and enhances the already wide range of products with exceptional advances in picture…