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.
Tunisia Tender and Business News
Louis Berger, an international professional services company focused on infrastructure development and headquartered in New Jersey, is leading a consortium to provide technical assistance on a EUR 213M school modernization program in Tunisia.
A group of African organizations and international NGOs with a presence in Africa are urging Zambia to reaffirm its membership in the International Criminal Court. They do so saying it is the best way to advance justice for victims of atrocities.
The North-West and Center-West regions of Tunisia, where almost half of the poorest segment of the population are located, will soon see a US $100 million project start in their areas, to support better management of forests, rangelands and agricultural landscapes for more jobs and increased incomes.
The United Kingdom recently sent communications experts to Tunisia during the week of February 9-15. While there they delivered two training two training programs for more than 30 country officials.
During the Opening Ceremony of the Gender Pre-Summit on January 24 in Addis Ababa, Ethiopia, the Kwame Nkrumah Regional Awards for Women 2016 were presented to top African women scientists at national, regional and continental levels.
The second phase of the United Nations Industrial Development Organization (UNIDO)'s youth employment project just launched on January 25. “Mashrou3i” (“My project” in Arabic) hopes to create employment for over 6,000 young people in Tunisia in the next five years.
Shell's licensee in Africa, Vivo Energy, has announced a Pan-African partnership agreement with Orange across nine countries. It allows those countries where both companies overlap to use Orange Money to pay for their fuel.
Harvard University has selected Tunisia as the first overseas office for The Center for Middle Eastern Studies (CMES, CMES.fas.Harvard.edu). It is now official open.
A new €37 million package just approved by the European Union's Emergency Trust Fund for Africa should help increase protection of migrants and to strengthen effective migration management in North Africa.
Amen Bank, a private sector sector bank founded in 1966 in Tunisia, just signed an agreement with the IFC to help it develop stronger investor relationship management, improve financial communications, and develop strategic growth plans.
Tunisia has been working to improve its fiscal transparency practices. The International Monetary Fund just published its own review of what Tunisia has accomplished in this area, based on a recent detailed visit to Tunis. That report says Tunisia has done an excellent job and could soon reap the benefits of all that hard work.
A new African investment facility, the Rx Healthcare Fund(RxHF), was recently founded to help improve healthcare delivery across the continent. The final capitalization is planned at $200 million, a number which just received a big boost from the African Development Bank (AfDB), which recently put in $20 million as an initial seed.
A new publication from the African Development Bank entitled "The Renewable Energy Sector and Youth (Un)Employment in the Maghreb", recommends that both energy-exporting countries in the Maghreb like Algeria and Libya as well as energy-importers Tunisia and Morocco, should keep pushing on renewable energy initiatives both as future planning and in support of youth employment.
McKinsey Global's (MGI) last full look at the African economy was six years ago, when almost all countries were experiencing accelerating growth. The pattern is more fragmented now, after oil price collapses (which did not affect all countries in the same way) and those most affected by the Arab Spring political upheavals. In spite of the slowing, a new report by MGI points to strong fundamentals that will keep Africa on a long-term growth trajectory.
The second phase of Tunisia's African Development Bank-funded program was just approved by the AfDB's Board of Directors on September 6. This part of the program is aimed at providing clean drinking water to about 400,000 rural Tunisians in about 20 prefectures.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
France's Orange (Orange.com) unveiled its 4th annual strategy and activity update for its Middle East and Africa (MEA) operations during meetings held on July 28 in London. This included expansion along with rollout of a number of new sectors and activities to play into Orange's vision as a digital transformation agent in telecom and mobile services.
A new report from the European Bank fo Reconstruction and Development (EBRD), the European Investment Bank (EB) and the World Bank Group (WBG) describes why the private sector is so important to economic growth in North Africa and the Middle East. It also suggests how to overcome some of the challenges that private sector is facing.
The Tunisian bank BTK(BPCE Group) has received a €25 million loan from the World Bank Group's IFC, to support small and medium enterprises and drive economic growth in Tunisia.
Effective food security planning cannot just allow agricultural expansion to run rampant across the world's forests and continue to drive massive deforestation on a global scale. A balance must be struck between the needs of the forest and its industries and the needs of agro-business as it works to feed a growing world.
On June 20, 2016, The African Water Facility (AWF) awarded a grant of €1.4 million to Tunisia. The grant is to launch the program called, “Development of the vision and strategy of the water sector by 2050.”
United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.
ABC Technique FZE of the United Arab Emirates recently signed a Memorandum of Understanding to develop 'Silicon Africa', the brand name for what will be the first Information Technology hub on the African continent.
The European Union voted June 8 to loan Tunisia 500 million Euros on favorable terms to help it reduce its external debt and consolidate its democratic mechanisms. It also authorized a temporary additional quota for duty-free olive oil imports to help with agricultural trade.