Africa earned $36.25 billion in revenue from 62.9 million international visitors in 2016. That's dramatically up from only 17.4 million almost three decades ago, in 1990.
Tunisia Tender and Business News
A new pilot project will soon be underway in Tunisia to use drones for data collection to help manage agricultural projects in the country.
Kennek FZE in North Africa has signed a license agreement with Miami-based Perry Ellis International Inc., which will allow the company to source and distribute everything from surf boards and wetsuits to casual wear and footwear under the Gotcha® brand.
Amusement Services International (ASI) will unveil the Industry's first operator-free VR attraction at the Dubai Entertainment Amusement and Leisure show 2018 to transform the indoor themepark experience in Africa.
The European Bank for Reconstruction and Development (EBRD), a multilateral bank headquartered in London, United Kingdom, has completed an equity investment in Bank Audi sal, a banking group in Lebanon.
Dubai hosts The Dubai Entertainment and Leisure (DEAL) Show 2018 on 9-11 April 2018 at the Dubai World Trade Centre to provide an effective platform for the stakeholders within the African leisure, entertainment and amusement sector, as per International Expo Consults, the organizers of the show.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
The controlling sharedholders of Tunisia-based Carthage Cement S.A. (CathageCement.com.tn), the Tunisian State and Bina Corporp, have decided to sell a 50.52% majority stake in the company to a strategic and/or a financial investor who can insure its management and long-term development.
On October 9, Tunisia was approved by the European Commission -- on behalf of the European Union -- for a €200 million loan.
Transparency International has come out strongly against a just-passed law in Tunisia, The group says it will allow people who stole public funds and other dirty money to be given amnesty for past crimes, and encourage even more corruption.
According to a report from Valencia, Spain, based ForwardKeys on airline capacity in Africa, Lagos, Nigeria in particular is showing a significant seat capacity decline in 2017. According to a spokesperson from AviaDev, a major airline route development conference in Africa, this comes directly from the difficulty in bringing revenues back out of the country in 2016.
On July 10, Tunisia received approval for a €100 million Macro-Financial Assistance loan from the European Commission.
Societe Tunisienne de l'Electricite et du Gaz (STEG) has signed an engineering, procurement and construction (EPC) contract with suppliers Mitsubishi Hitachi Power Systems, Ltd. and Sumitomo Corporation, both of Japan, for a gas-fired combined cycle power plant with a generation capacity of 450 MW in Rades, in Ben Arous Governorate, the Tunisian Republic.
Tunisia has received a $500 Business Environment and Entrepreneurship development policy loan from the World Bank.
In a recent report prepared by the Washington, D.C., based International Republican Institute (IRI), despite trends towards more democracy, certain segments of Tunisia's population are still highly vulnerable to violent extremism.
UN-Habitat, a major international group focusing on sustainable and inclusive urban communities, recently signed an agreement to set up a Tunisia country office.
A fund stash belonging to Tunisia and illegally held in Switzerland is going to be a little easier to secure 'back home' thanks to a EUR 3.5 million grant from Switzerland to help with mutual legal assistance in the manner.
The Republic of Tuniisa, represented by the Tunisian Electricity Gas Company, and the International Islamic Trade Finance Corporation (ITFC) (ITFC-idb.org), a member of the Islamic Development Bank (IDB) Group headquartered in Jeddah, Saudi Arabia, have signed two Murabaha agreements for a total of $310 million to finance resourcing of natural gas, crude oil and petroleum products.
According to the second edition of the Africa Visa Openness Index, Africans were able to travel more freely across the country in 2016 versus 2015. Still, as Aliko Dangote, President and CEO of Nigeria's Dangote Group notes, "Despite the size of our group, I need 38 visas to move around Africa".
Software company Jeppesen, a Boeing company headquartered in Englewood, Colorado, recently agreed to a five-year digital services agreement with Tunisair, the national carrier of Tunisia.
A national workshop was held in Tunis on possible legislative amendment proposals to the Libyan Penal Code. The conference was jointly held by the Ministry of Justice of Libya and the United Nations Office for Drugs and Crime (UNODC)
Germany just signed a Letter of Understanding to provide €15 million in support of the International Monetary Fund's capacity development activities across Africa in the context of the G-20 Compact with Africa.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
The Hilton Hotels group is planning a major expansion of its chain across North Africa. To do that, it has established a new dedicated development office in Casablanca.
Four Seasons Hotels and Resorts with corporate office located in Ontario, and the Mabrouk Group, Tunisia's preeminent investment group, will open Four Seasons Hotel Tunisin in late 2017.