Tunisia: Jhinaoui and businessmen to head for Yaounde

Tunisian Foreign Minister Khemaies Jhinaoui will head to Yaounde, the economic capital of Cameroon, for an official visit from June 27 to 29, 2017. Businessmen will travel to explore opportunities for partnership and investment. On the agenda is a Tunisian-Cameroon Economic Forum, multi-sectoral meetings and networking with businessmen, officials of private and public associations in Cameroon as well as members of the Cameroonian government.  More than one hundred Cameroonian businessmen have already confirmed their participation in these business meetings. African Manager

Tourists Return to Tunisia, but Slowly

Simon Marsov, a 25-year-old management consultant from Moscow, flew to the resort town of Sousse, Tunisia, by the Mediterranean last summer because he wanted to experience a foreign place on the cheap. Lalioui Faouzi, a 26-year-old dentist from Algiers, said he made the 11-hour drive in late summer to Hammamet, another resort on Tunisia’s east coast, because the hotels were cheaper than those in Algeria, the beaches were livelier and he didn’t need a visa. Visitors from Algeria and Russia arrived in record numbers in 2016 and helped save Tunisia’s…

Tunisia: decline of reported investment in regional development zones

The first two months of 2017 saw a 38.1% decline in reported investment in regional development areas to 145.7 MD compared to 235.4 MD in the first two months of 2016. The share of these areas in the total number of governorates increased from 39.8% to 35.8% during the first two months of 2017. This was stated in the latest economic report of the Agency for the Promotion of Industry and Innovation (APII). The decline in declared investments in regional development zones is mainly attributable to the regional development delegations…

Tunisia, Morocco and Egypt: a new global hub for social impact start-ups

Refrigerators in the Moroccan desert; a bracelet to prevent heart attacks in Tunisia; a source funding system for charities in Egypt. Mission-driven start-ups are blossoming in these three North African countries, which are now at the forefront of social entrepreneurship. Morocco now boasts more than 250 start-ups. With around 100 seed-stage startups, Tunisia is ranked seventh in the world as the best place to launch start-ups by SeedStars World. Egypt broke records with the creation of thousands of start-ups in 2012 and 2013, according to the Egyptian bureau of statistics.…