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.
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
BYD plans to open 35 dealerships in South Africa by Q1 2026, earlier than initially scheduled...
Air Algérie begins legal restructuring and spins off maintenance operations New ground services and training subsidiaries planned to launch January...
• Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” • Cotonou remains calm, but residents stay cautious as...
In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation remained calm this morning despite a tense start....
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims to cut costly foreign maintenance reliance for Nigerian...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...