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.
Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...
Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...
Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...
Safaricom's M-Pesa integrated with Ethiopia's national payment network, EthSwitch, on October 27. ...
ECCBC invests $77.6M to expand Morocco plant, boosting output by 40% New lines produce soft ...
Malawi names 23-member cabinet to tackle corruption, economic crisis Inflation hit 27.3% in 2025 amid shortages and low growth Successive climate...
Gabon signs offshore oil deal granting GOC control of Konzi, Ayol blocks Move boosts state role amid 4% output drop in early 2025 Oil key to economy,...
Chad targets 250,000 bpd oil output by 2030, up 69% from 2025 Plan includes upstream expansion, infrastructure upgrades, and governance reforms Oil...
Air Burkina adds second Embraer 190, expands fleet and routes Operations resumed in 2024 after two-year suspension over financial issues Revival...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...
Grand Egyptian Museum opens 1 Nov 2025 near Giza, showcasing 100k artefacts including full Tutankhamun collection. Triangular glass façade mirrors...