Category: business

Tunisia has strengthened its position as a competitive destination for foreign investment, ranking 7th in Africa and 38th worldwide in the 2025 Greenfield Foreign Direct Investment (FDI) Performance Index, published by fDi Intelligence, a division of the Financial Times. The index measures how effectively countries attract new Greenfield projects—investments that establish new facilities rather than acquiring existing businesses—relative to the size of their economies. Tunisia scored 2.2 points, a notable improvement of 0.7 points from the previous edition. While Namibia leads the African ranking and places second globally, followed by…

Tunisia’s economy posted a 3.2 percent year-on-year growth in the second quarter of 2025, fueled by strong performances in agriculture and manufacturing, the National Institute of Statistics (INS) reported on Friday. Gross Domestic Product (GDP) reached 24.8 billion Tunisian dinars (around USD 8.6 billion) during the quarter, while the total GDP for 2024 stood at 96.5 billion dinars, according to the INS’s quarterly figures. Agriculture led the surge with a 9.8 percent increase, followed by a 3.9 percent rise in manufacturing. Domestic demand grew 3.3 percent, while services expanded by…

Former Chinese diplomat Wu Sisco has highlighted both the achievements and the untapped opportunities in Tunisia–China relations, particularly in tourism and trade. Speaking at the conference “The Sino-Tunisian Cooperation Forum Deepens the Foundations of Comprehensive Strategic Relations between China and the Arab World in the New Era”, Wu told the Tunis Afrique Presse (TAP) news agency that the two countries share common positions on many regional and international issues — a strong basis, he said, for expanding bilateral ties. According to CEPEX data, trade between Tunisia and China reached around…

Africa’s installed solar capacity has crossed the 20 gigawatt-peak (GWp) milestone, with more than 10 GWp currently under construction, according to the Africa Solar Industry Association’s (AFSIA) 2025 half-year report. AFSIA’s data, covering nearly 40,000 projects across all market segments, shows that Tunisia remains one of North Africa’s key players in the solar landscape, ranking just behind South Africa, Egypt, and Morocco in operational capacity. Utility-scale plants dominate Tunisia’s solar portfolio, reflecting the country’s push toward clean energy as part of its energy transition strategy. While much of the new…

OpenWay, the global provider of the Way4 digital payment platform, has officially entered Francophone Africa, bringing its advanced technology and service infrastructure to banks and fintech companies in the region, TechAricaNews reports. The move marks a significant expansion of OpenWay’s footprint on the African continent, as the company strengthens its support for digital transformation and financial innovation across Morocco, Tunisia, and beyond. Central to this expansion is a long-term technology partnership with a leading tier-1 bank in Morocco, aimed at supporting the bank’s ambitious digital transformation agenda. This agreement paves…

Tunisia is set to take center stage in Africa’s innovation landscape by hosting the second edition of BIGTECH Africa Expo 2025, the continent’s largest event dedicated to technology, artificial intelligence, and startups. Scheduled for September 9–11, 2025, at the Kram Exhibition Center in Tunis, the expo is expected to draw over 12,000 participants from 12 countries. Spanning 10,000 square meters, the event will feature around 200 startups and exhibitors, 50 African and international investors, and nearly 100 prominent experts. BIGTECH 2025 will spotlight sectors crucial to the continent’s development, including…

The European Bank for Reconstruction and Development (EBRD) is considering granting a EUR-32-million (USD 36.9m) loan to support a 100-MW solar project developed by Norwegian renewables company Scatec ASA (OSL:SCATC) and a unit of Toyota Tsusho Corp (TYO:8015) in Tunisia, RenewablesNow reports. Kalkbult solar farm in South Africa. Image source: Scatec (www.scatec.com) The proposed senior debt financing will fund the construction and operation of a solar power plant and its associated transmission infrastructure in the governorate of Sidi Bouzid. A final decision on the transaction is expected by September 10,…

Tunisia’s tourism industry is enjoying a robust rebound in 2025, with 5.297 million visitors recorded by July 20—a 9.8% increase compared to the same period in 2024, and a 16.2% rise over 2019 pre-pandemic levels. The figures were announced by Mehdi Helloui, Director General of the National Tourism Office, during a press conference on August 2. Building on the momentum of 2024—when Tunisia welcomed 9.7 million tourists—officials are optimistic about surpassing 11 million arrivals by the end of 2025. In 2024, tourism contributed around 9% of the country’s GDP and…

Australian-based PhosCo Ltd is making steady headway in the development of its flagship Gasaat Phosphate Project in Tunisia, with recent drilling campaigns yielding encouraging results and reinforcing the site’s resource potential. According to a report by Tip Ranks, exploration at the KM prospect has revealed promising phosphate mineralization, setting the stage for additional drilling aimed at expanding the project’s already substantial JORC-compliant resource. Backed by strong government and community support, PhosCo is positioning the Gasaat Project as a cost-competitive, world-scale source of phosphate, a critical input for the global fertilizer…

Tunisia’s Central Bank announced Wednesday that it is keeping its key interest rate unchanged at 7.5%, maintaining the level set in March when it made its first rate cut in five years. The decision comes as inflation continues to ease, offering some breathing room for policymakers. Consumer prices rose 5.4% in June, marking the lowest inflation rate in five years. The government forecasts an average inflation rate of 6.2% for 2025, down from 7% in 2024, signaling cautious optimism in tackling persistent price pressures. Despite progress on inflation, Tunisia’s external…