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.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA fra...
Kenya and China signed four memoranda of understanding covering agriculture, livestock, trade, and early harvests. The agreements aim to expand Kenyan...
Nigeria said it can increase oil output by about 100,000 barrels per day in the coming months. The country aims to reach 1.8 million b/d by end-2026...
Ethiopia launched a national program to boost sorghum production and strengthen its value chain. Authorities aim to improve seeds, adopt modern...
Namibia rejected Starlink’s license application after the company met only three of six regulatory criteria. Authorities cited concerns over data...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...