Algeria to export electricity to Tunisia, announces Minister of Energy

Energy Minister Mustapha Guitouni announced, Wednesday in El Oued, that his department is about to launch the operation to export electricity to Tunisia. Speaking on the sidelines of a two-day working visit to the province, the minister said that Algeria is becoming self-sufficient in electricity, adding that his department is about to launch the operation to export electricity to Tunisia. Inspecting the project to build a 220/400 KVA transformer substation in the town of El-Fouilia, Reguiba commune, Mr Guitouni said that the energy programs launched since 1999 have resulted in a…

Tunisia: trade volume with Libya could reach 1 billion dinars

The volume of Tunisian-Libyan trade will be restored to its level before 2011, Slim Feriani, Minister of Industry and SMEs told Express Fm on Tuesday. Tunisian-Libyan trade reached a volume of about 450 million dinars in the first five months of this year and could reach 1 billion dinars for the whole year 2018, he added. The Minister of Industry and SMEs was on an official visit to Tripoli in Libya with a delegation of about 70 businessmen and women.  The purpose of this visit is to support Libya and…

Tunisia to host International Wisdom Festival on July 8

Tunisia will play host on July 8 at the Tunis Culture City to the International Wisdom Festival “Let’s Go Wise,” which is part of the International Year of Wisdom to be crowned by the organisation of the Global Wisdom Summit Davos Tunisia, November 20-21. The festival seeks to draw Tunisia’s future with the aim of repositioning the country at the national, regional and international levels. This initiative was born from the organisers’ conviction that political, economic and social reforms should emanate first and foremost from societal reform. In this regard,…

Tunisia and FAO launch new technical cooperation project in olive farming

A new technical cooperation project between the United Nations Food and Agriculture Organisation (FAO) and Tunisia was launched Thursday in Tunis, for $ 300,000, according to FAO Representative in Tunisia and Coordinator of the Office for North Africa Michael Hage This project aims to strengthen cooperation with Tunisia in the olive sector and the development of a long-term strategy, based on the benefits of the market for olive oil and its derivatives on the one hand and benefits of high productivity olive groves and their adaptation to drought periods due…

Second edition of Flat6labs: projects of seven startups to be presented Thursday

Tunisian young entrepreneurs will be take part Thursday, in the second edition of the regional entrepreneurial event of the Demo day which is held at the initiative of the programme of support for young entrepreneurs and acceleration of Startups in the region of North Africa ad Middle East Flat6Labs, at the Ennajma Ezzahra Palace (northern suburbs of Tunis). The products and services of seven new startups will be presented during this event whose objective is to support young, creative and ambitious entrepreneurs by ensuring their integration in several areas of…

Tunisia and China ink deal to develop e-commerce network

Tunisia and China have signed a partnership agreement on developing digital economic infrastructure within the north African nation, the Tunisian Institute for Strategic Studies (ITES) said Tuesday. The deal was inked during the Belt and Road Digital Economy conference held in Beijing, the ITES said. This agreement will offer opportunities for young Tunisians, especially those in areas such as telecommunications, fiber optics, network computing and e-commerce, it said. Neji Jalloul, director general of ITES, noted that the Tunisian-Chinese bilateral trade continues to grow steadily and fruitfully. “The new Silk Road…

Esprit wins Enactus Tunisia competition

The Private Higher School of Engineering and Technology (Esprit) won on Tuesday, the prize of the 9th competition Enactus Tunisia placed this year under the theme “Social entrepreneurship vector of progress”. This victory will allow Esprit to represent Tunisia at the international Enactus World Cup competition, which will be held from October 9 to 11 in Silicon Valley, California, a competition involving nearly 36 countries. Succeeding to distinguish itself among 23 other teams representing public and private universities, Enactus Esprit was awarded the trophy by Prime Minister Youssef Chahed, during…

Moody’s forecasts growth of 3% and rise of government debt ratio to 73% in 2019

Moody’s forecasts a growth of 2.8% in 2018 and 3% in 2019 from 1.9% in 2017 and a rise in the government debt ratio to 73% in 2019 in Tunisia. The government debt ratio will reach 72% of GDP in 2018 and 73% in 2019, driven by a steady currency depreciation, persisting primary deficits and an increasing interest burden, Moody’s said in its report, “Government of Tunisia — B2 Stable, Annual credit analysis.” “Tunisia’s debt ratio increased sharply to almost 70% of GDP at the end of 2017 and higher…

Tunisia pledges to represent Africa for non-permanent seat in UNSC

Khemaies Jhinaoui added that Tunisia also benefited from the support of the Arab League in a bid for a non-permanent seat for the 2020-2021 mandate Tunisia pledges on Monday to assume responsibility to represent the African continent in the UN Security Council, in a bid for a non-permanent seat for the 2020-2021 mandate, the foreign ministry said in a statement. Foreign Minister Khemaies Jhinaoui took part in  the 31st African Union summit, during which member countries approved Tunisia’s candidacy for the non-permanent seat in the UN Security Council. The foreign…

Tunisian-Libyan Economic Forum: Trade exchanges between Libya and Tunisia decline

 Tunisian Minister of Industry and Small and Medium Enterprises, Slim Feriani, said in a brief press statement during the Tunisian-Libyan Economic Forum on Sunday in Tripoli that the trade exchange between Tunisia and Libya has declined from $ 2 billion to only $ 1 billion. Feriani voiced  hope that the scale of trade will reach $ 3 billion by 2020, adding that the trading volume between Tunisia and Libya is well below the two countries’ potential and very low to what it was in 2010. The Tunisian-Libyan Economic Forum was…