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.
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
Kevin Smith named De Beers COO, replacing retiring Burger Greeff on Dec. 1 Smith to oversee Afric...
Biovac opens mRNA-capable vaccine lab in Cape Town, backed by global donors Facility enables full...
The Nigerian Communications Commission (NCC) has launched new measures to eliminate pre-registered SIM cards. The regulator plans stricter field...
Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy, and visa exemptions for diplomats. Algeria will...
Manuella Zagba, a management consulting and accounting professional who heads her own firm, Dyese Prolink, focuses on corporate operational efficiency in...
Courts and governments suspend hiring in Kenya, Malawi, Nigeria, and Ghana Cases expose weak transparency and inefficiency in public hiring...
Mali holds meeting to unify government communication amid rising disinformation threats Ministers urged to adopt coordinated, credible messaging as...
Benin to host first Cotonou Comedy Festival from December 1-6, 2025 Event includes performances, masterclasses, and global comedian...