World Bank grants nearly 100 million euros for higher education reform

A financing agreement worth 96.1 million euros (around 315 million dinars) was signed between Tunisia and the World Bank on Saturday April 20 in Washington. The financial commitment, signed by Minister of the Economy and Planning, Samir Abdelhafidh, and the World Bank’s Country Director for Tunisia, Alexandre Arrobbio, is part of the World Bank/IMF Spring Meetings. The 28-year loan, with an 8-year grace period, is intended to finance the “Strengthening Higher Education for Employment, Innovation and Resilience” (STEEIR) project. This ambitious program pursues several strategic objectives to modernize the Tunisian…

34 million EIB loan to Tunisia to develop access to water and meet growing demand

Photo credit ecofinagency The European Investment Bank (EIB) will lend EUR 30 million (USD 34 million) to Tunisia toimprove access to drinking water and strengthen the country’s ability to adapt to climate change. EIB Vice-President Ioannis Tsakiris made the announcement on April 28 and 29 during a visit to Tunis. The funds will support two separate loans. A total of EUR 22 million will go to Tunisia’s national water utility, SONEDE, to complete a key project to secure drinking water supplies for Greater Tunis. The plan includes the construction of…