EBRD and EU support ice cream maker GIPA in Tunisia

Agribusiness advice helps Tunisian companies create more jobs Ice cream maker GIPA is celebrating 40 years of successful business in Tunisia and its CEO Youssef Ghrib has further ambitions to grow the company well into the future. With support from the EBRD’s Advice for Agribusiness programme, funded by the European Union, the company has modernised its business and is ready for new ventures. Tunisia welcomes more than six million foreign tourists every year and, perhaps as a result, its ice cream industry is constantly evolving. Meanwhile, among locals, domestic ice cream makers have become so popular…

2nd edition of Olive Tree Festival in Sfax : new prospects in Brazilian market

The city of Sfax (Tunisia) hosted Sunday the 2nd edition of the Olive Tree Festival  on the theme: “Olive tree, light and roots,” with a rich programme that includes  development, entertainment and tourism activities. The festival was marked by the participation of several cultural association and structures, civil society components, several travel agencies, tourism investors and foreign visitors in addition to the Tunisian Export Promotion Centre (CEPEX). The festival includes a scientific symposium that brought together local, European, Brazilian and US experts, as well as representatives of the International Olive…

Education system is stalling in Tunisia….. But I believe in potentials of Tunisians to overcome difficult juncture (Minister of Education)

Education Minister Hatem Ben Salem said that the education sector is the most affected as it is raising true existential questions. This sector has brought hope for all the Tunisian people by providing the true social ladder allowing them to have an important place in society thanks to the public system. However, this system today is stalling because there is an accumulation of problems that must urgently be solved. This accumulation is due to overcrowding and Tunisia is not prepared since the sixties for this phenomenon which resulted into massification and negative…

Education system is stalling in Tunisia….. But I believe in potentials of Tunisians to overcome difficult juncture (Minister of Education)

Education Minister Hatem Ben Salem said that the education sector is the most affected as it is raising true existential questions. This sector has brought hope for all the Tunisian people by providing the true social ladder allowing them to have an important place in society thanks to the public system. However, this system today is stalling because there is an accumulation of problems that must urgently be solved. This accumulation is due to overcrowding and Tunisia is not prepared since the sixties for this phenomenon which resulted into massification and negative…

Tunisia tightens import restrictions to tackle trade deficit

Tunisia’s central bank has ordered local lenders to stop financing the importation of hundreds of products — from fish to perfume — as the country tries to curb a record trade deficit. A document seen by Reuters showed that banks had been told not to provide loans to finance imports of some 220 consumer products unless the importer deposits enough funds to cover the cost of the import. The products listed include tropical fruits, alcoholic beverages, cosmetics products and air conditioners. A senior government official told Reuters that Tunisia hoped…

USIP’s Work in Tunisia

CURRENT SITUATION The sole fledgling democracy to arise from the Arab Spring represents an encouraging yet incomplete victory against authoritarian rule and violent extremism. Tunisia’s sustained progress since the revolution that toppled its dictatorial regime in 2011 is key to developing a strong democratic U.S. partner in this volatile region and countering radicalization and terrorism around the world. Yet economic stagnation, unemployment, political disaffection in poorer regions, and the inherent difficulties of a major political and social transition continue to threaten the country’s stability USIP’S WORK The U.S. Institute of…

Myron International Clinic, centre of plastic surgery tourism in Tunisia

Tunisia has become the first country of plastic surgery tourism by its low prices and the competence of highly renowned surgeons who attract patients from all over the world. The Myron International Clinic, a newly born institute, occupies an important place among the leaders of surgical hospitalization nationwide and more generally worldwide. The Myron International clinic offers to the patients several areas of surgical intervention as well as a comprehensive care in the patients’ care paths while guaranteeing excellent services during their stays. Created in 2015, the Myron International Clinic…

Morocco Leads Maghreban Countries in FDI Flows

Morocco topped the countries of the Maghreb region in terms of attracting foreign direct investment (FDI) in 2016, according to a report established by the Arab Investment and Export Credit Guarantee Corporation. The North African kingdom attracted $2.3 billion worth of FDI in 2016, followed by Algeria with 1.5 billion, Tunisia with 958 million, and Libya with 493 million. At the Arab world’s level, Morocco came fifth preceded by the UAE, Egypt, Saudi Arabia and Lebanon. In total, Arab countries attracted some $30.8 billion worth of FDI in 2016, a…

Gold for Tunisia Heralds Start of New Beginning

Karim Fitouri of Olivko says his Gold Award at NYIOOC marks the beginning of Tunisia’s transformation from a bulk producer for the export market to a country known for its high-quality olive oil. Winning entries at the 2017 New York International Olive Oil Competition (NYIOOC) included exceptional olive oils from 20 countries, with Italy topping the list with 123 awards, followed by Spain not far behind with 110. But national pride is probably highest in Tunisia for its first Gold Awards at NYIOOC: one for Olivko, and another for Zeet.…

Germany Announces $338 Million of Financial Aid to Tunisia

Tunisia and Germany signed a partnership agreement this week for additional financial support to Tunisia worth €300 million ($338 million). The agreement stipulates the payment of €100 million a year for three years, Foreign Minister Khemaies Jhinaoui announced.  It involves providing support for public finances, he said, pointing out that Germany would also provide a credit line to support small and medium-sized enterprises in Tunisia. The agreement was signed on the occasion of the G20-Africa Partnership Conference held on June 12 and 13 in Berlin. Albawaba