Month: January 2019

Canada largest importer of Tunisian packaged olive oil

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Canada has become the largest importer of packaged olive oil made in Tunisia, TAP reports. Tunisian packaged olive oil conquered the Canadian market with 766 tons of exports in November and December, surpassing Spain and Italy, TAP quoted Chokri Bayoudh, CEO of the Tunisian Olive Oil Office (ONH), as saying. “Canada becomes the largest import market of packaged Tunisian olive oil followed by the United States and France,” Bayoudh added. Over the current season 2018-2019, Tunisia aims to export more than 22,000 tons of packaged olive oil, up from 18,700…

Ain Draham City of four Seasons, Jewel in the hands of foal

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The Ain Draham area is the creation of God, in the weaving of its beauty and portraying its topography. It is a wonderful region which refreshes the eyes and gives comfort to the nerves where the color of green nature combined with the color of the red brick form together a painting designed by the Creator and dedicated to Tunisia to be among the most beautiful areas on earth. This small city, located in northwest of Tunisia, has been able to play an important role in attracting many Tunisian and…

Tunisia to almost double gas production this year

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Tunisia will almost double production of natural gas to about 65,000 barrels of oil equivalent per day this year, the industry and energy minister, Slim Feriani, told Reuters on Friday. The country’s gas output will jump from 35,000 barrels of oil equivalent per day (boed) when the southern Nawara gas field comes onstream in June, Feriani said. “We will raise our production by about 30,000 barrels of oil equivalent when the Nawara project in the south will start,” Feriani told Reuters in interview. This project will be jointly owned by…

Germany’s KfW wants to fund projects in Tunisia as part of Skills Initiative for Africa

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Germany’s KfW development bank intends to finance large-scale investment projects in Tunisia in the sector of vocational training and competence development as part of the Skills Initiative for Africa. This initiative was developed through a partnership between the African Union Commission (AUC) and the German Federal Ministry for Economic Cooperation and Development, TAP reports. The initiative, known under its acronym SIFA, is implemented by the African Union Development Agency and funded by the KfW. It targets six African countries in addition to Tunisia, namely South Africa, Cameroon, Ethiopia, Kenya, Nigeria…

ESPRIT seeks counsel of Rothschild for its international development

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The Shareholders of  the Ecole Supérieure Privée d’Ingénierie et de Technologie, a higher education institute in Tunisia, required the services of the investment bank Rothschild to help it find a strategic partner for its expansion in Africa and even in Europe, Tunisian Ilboursa website reports.  The education institute (which has Africinvest and Proparco as some of its shareholders) wants to offer its locally-proven expertise on the international level since the demand is high for quality higher education in Africa, Sub-Sahara (South Africa excluded) notably. Rothschild is an important Actor in strategic…

Tunisian Maha Gaida awarded in grand finale of “Bharat Ko Janiye” quiz in India

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Maha Gaida, 31, who speaks four Indian languages — Hindi, Urdu, Malayalam and Tamil — participated in the grand finale of the “Bharat Ko Janiye” quiz and became emotionally overwhelmed while describing her relationship with India. A Tunisian woman’s professed love for India moved foreign minister Sushma Swaraj Tuesday, prompting her to say that she must have been “an Indian in her previous life”, ndtv reported. Maha Gaida, 31, who speaks four Indian languages — Hindi, Urdu, Malayalam and Tamil — participated in the grand finale of the “Bharat Ko Janiye”…

ITES notes on National Dialogue on Agriculture to be held on January 22, 2019 in Beja governorate

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The Tunisian Institute for Strategic Studies will hold a National Dialogue on Agriculture on January 22, 2019 in Beja governorate, with the presence of all the actors and experts in the field of agriculture. In this connection, the agricultural sector achieved a growth rate of 8.4% in 2018 compared to 2.5% in 2017. It also contributed by 0.8 points in the National Gross Domestic Product (GDP) with a growth which reached 2.5%, and ranked second in terms of contributions. Agriculture in Tunisia has the lowest investment credits (1550 million dinars)…

Dougga, Treasure of Tunisia lying over the hills

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Dougga is a highly proud city that witnesses the history of an ancient human civilization of over 25 centuries, and considered a cultural treasure of Tunisia, and one of the best-preserved regions of North Africa. Dougga is located in the northwest of Tunisia in a mountainous region surrounded by valleys and plateaus. The story began with Dougga with the Roman invasion and historians say that its history began even before the Roman invasion. Dougga has been a place of important human settlement, with cemeteries and a rock altar for boats…

Saudi Arabia grants Tunisia $ 500-million loan

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The Kingdom of Saudi Arabia has granted Tunisia a loan worth 500 million dollars, the equivalent of 1,500 million dinars on favourable terms, to finance the state budget, the Finance Ministry announced in a statement Wednesday. The Department said the credit agreement was signed by finance minister Ridha Chalgoum and his Saudi counterpart Mohammed al-Jadaan at a meeting held in Riyadh on the sidelines of the visit by the Tunisian minister to Saudi Arabia (January 12 to 14, 2019). The two sides discussed ways of further strengthening bilateral co-operation relations…

Tunisia among Top 10 African countries in UNCTAD B2C E-Commerce Index 2018

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Tunisia was ranked as the 4th country in Africa and 79th worldwide in the latest United Nations Conference on Trade and Development – UNCTAD B2C E-Commerce Index 2018. According to this report, Mauritius (55th globally) tops the African countries , followed by Nigeria (75th), South Africa (78th), Tunisia (79th), Morocco (81st), Ghana (85th), Kenya (89th), Uganda (99th), Botswana (100th) and Cameroon (101st). Tunisia’s performance is due to its internet penetration rate, estimated at 66% with 7.65 million users (May 2018). Its ranking is also explained by the growing number of…