All sectors of activity attracted more FDIs, except the energy sector. FDIs in the latter were reduced as almost no permit was issued for oil and gas exploration.
Foreign direct investments (FDI) to Tunisia reached 652.9 million dinars ($215 million) in the first quarter of 2023, up 10.2% compared to the same period of 2022, according to data released on Wednesday, May 3 by the Foreign Investment Promotion Agency (FIPA).
Except for the energy sector, all sectors captured more FDIs during the first three months of the current year, according to the FIPA.
The service sector attracted the most FDIs, 300 million dinars, between January 1 and March 31, 2023. It came ahead of the industry (234.6 million dinars), energy (116.9 million), and agriculture (0.5 million) sectors.
FIPA also reported that portfolio investments (acquisitions of bonds or shares of a company for investment purposes, without the desire to control it) reached 33.6 million dinars in the first quarter of 2023, up by 917% compared to Q1 2022.
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Senegal launches startup initiative to boost innovation and financing access Plan targets 500+ certified startups, 150,000 jobs by 2034 Certified...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims to link Chad to regional and global networks...
DRC extends mining ban on 38 sites in rebel-held Kivu regions Move aims to curb M23 funding from illegal mineral exploitation UN reports $70M...
SolarX secures €15M loan from Afrigreen Fund to expand in West Africa Funds to refinance assets, support solar projects in four countries ...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...