Tunisia stands at a pivotal crossroads, where a cherished tradition holds the key to a more prosperous economic future. With over 80 million olive trees blanketing 1.8 million hectares, the nation possesses the world’s largest olive grove area after Spain. This “green gold” is a vital national asset, contributing up to 40% of agricultural exports and 10% of all export revenues. Yet, this impressive footprint tells only half the story. The full potential of this sector remains locked, and the time to unlock it is now. The central challenge, and…
Day: October 4, 2025
Title: EU and EIB Cement Support for Landmark Tunisia-Italy Power Link with €12 Million Grant to STEG
The technical funding boost for the ELMED project underscores a strategic energy partnership, aiming to enhance electricity security and accelerate the green transition across the Mediterranean. The European Union (EU) and the European Investment Bank (EIB) have reinforced their commitment to Tunisia’s energy transition by granting a €12 million subsidy to the Tunisian Electricity and Gas Company (STEG). Finalized Thursday in Tunis, this support will fund the crucial technical expertise needed to realize the pioneering ELMED project, the first-ever electricity interconnector between Tunisia and Italy. A Mediterranean Energy Backbone The…