Features Headlines Tunisia

Kais Saied fires Minister of Economy

Tunisia’s President fired Tuesday October 17 the country’s Minister of Economy Samir Saïed amid economic hardship that has gripped the North African country. Saied’s office said Finance Minister Sihem Nemsia will also double as caretaker of the ministry. Tunisia has been facing economic distress caused by the Covid-19 pandemic and the ongoing Russia-Ukraine. Many partners […]

Features Headlines Tunisia

AfDB loans Tunisia $87.1m to finance project in cereal sector

The African Development Bank (AfDB) and Tunisia inked a deal Wednesday for a $87.1-million credit facility for the financing of a project to support the inclusive and sustainable development of the cereals industry (PADIFIC), local reports say. Samir Saied, Tunisia’s Minister of Economy and Planning and AfDB’s Deputy Director General for North Africa Malinne Blomberg […]

Business Features Finance Headlines

EU allocates Tunisia 40 million euros for construction of 80 modern primary schools

The European Union Investment Bank, EIB, has provided Tunisia with 40 million euros to finance the construction of 80 modern primary schools and provision of transportation for the future facilities, “Webdo Tunis” reports. Samir Saïed, Tunisia’s Minister of Economy and Planning and EIB’s Vice President Ricardo Mourinho Felix penned the agreement for the financing. The […]

Features Headlines Tunisia

Tunisia luring UAE investments

Tunisia has invited United Arab Emirates (UAE) investors to attend the country’s international investment forum slated for early November as authorities seek around $2 billion to supplement the national budget. Samir Saied, the Minister of Economy and Planning, Anadolu news agency reports, met with the envoy of the Gulf country to Tunisia and presented a […]

Energy Headlines Tunisia

UK’s renewable energy developer TuNur plans to set up $1.5bn solar plant in Tunisia

UK’s renewable energy developer TuNur plans to invest $1.5 billion in building an export-oriented solar power plant in Tunisia with a capacity of 500 megawatts, the North African country’s state-run news agency announced Tuesday. Daniel Rich, the CEO of the British company made the announcement as he met with Tunisia’s Minister of Economy and Planning […]