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.
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...
Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
BW Energy confirms light oil and condensate discovery at Namibia’s Kudu gas field Kharas-1 results boost basin understanding; FID now targeted...
Benin approves upgrades for 15.6 km Godomey-Akassato road and 5.3 km service lanes Route faces heavy congestion, connects Cotonou to fast-growing...
SCCT completes $500M expansion at Egypt’s East Port Said terminal Adds 2.2M TEUs capacity, boosting total to 7M with new cranes and yard...
Morocco receives first 6,457 steel rails for Kenitra-Marrakech high-speed rail Project aims to cut major city travel times; launched April 2025 Rail...
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...