OCP & German Fraunhofer

World Bank: Tunisia’s trade deficit continues to widen amid soaring inflation

The trade deficit in Tunisia widened by record 56% in the first semester of 2022, reaching 8.1% of GDP, while the budget deficit, exacerbated by mounting energy and food subsidies, is expected to reach 9.1% in 2022, compared to 7.4% in 2021, according to the World Bank’s latest report. Inflation in this country rose from […]

Mauritius to reduce energy consumption by 10% by 2030

In Mauritius, Small and Medium Enterprises (SMEs) need to develop energy efficiency systems to manage better their energy use, the minister of energy and public utilities Ivan Collendavelloo said. According to Collendavelloo, improving SMEs’ energy efficiency is a key way to increase their profitability and competitiveness. He stressed the need to implement modern energy production […]

EU-Africa Business Forum Focuses on Job Creation for Youth

The 6th EU-Africa Business Forum held Monday  in Abidjan, Côte d’Ivoire, host country of the 5th African Union-European Union Summit, focused on “investing in job creation for youth”. It also looked at the challenges and opportunities for investment in Africa along four strategic priorities of the EU-Africa cooperation, such as renewable energy, agribusiness, infrastructure and […]