The manufacturing sector outpaced energy, services, and agriculture as the top recipient of foreign direct investments (FDI) in Tunisia in 2023.
Foreign investment flows into Tunisia reached 2.52 billion dinars (about $806 million) in 2023, marking a 13.5% increase compared to 2022, according to data by the Foreign Investment Promotion Agency (FIPA). These flows were distributed between portfolio investments, reaching 136.8 million dinars in 2023 compared to 7.6 million in 2022, and foreign direct investments (FDI), which saw a 7.7% increase, reaching 2.38 billion dinars.
FIPA further specified that the manufacturing industry topped the list of sectors attracting the most FDI in 2023, accounting for 62.1% of the total flows. Following closely were the energy sector (19.7%), services (17.5%), and agriculture (0.8%).
FDI flows excluding energy, which involved 638 projects with a cumulative value of 1.91 billion dinars, resulted in the creation of 14,746 new jobs.
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...
West African universities met in Dakar to address youth employment Delegates drafted a 10-15 ...
Private TV channels face declining ad revenue and rising diffusion costs, including a fixed annual TNT fee of CFA75 million ($133,230). Burkina Faso...
The U.S. commits $158 million over five years to strengthen Rwanda’s disease control capacity. Rwanda adds $70 million in domestic health...
Africa’s coffee exports hit record 1.18M tons in 2024/25, up 18.6% Ethiopia and Uganda drove nearly 80% of continent’s shipments Arabica...
Huawei partners with Algerian startup Yassir to boost local tech solutions Focus areas include cloud, AI, mobile payments, and digital...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...