Tunisia: Germany grants US$430 mln for development projects
Monday, 26 December 2022 17:34
The funding -a mix of loans and grants- will finance projects in several sectors including renewable energies, water, sustainable agriculture development, and climate resilience.
Germany recently approved a €405 million (US$430 million) finance package to fund development projects in Tunisia, the Tunisian Foreign Ministry announced in a statement released Saturday, December 24.
The package includes a €105 million grant that will fund projects in “vital cooperation areas” such as regional development, decentralization, youth employment, digitalization, sustainable agriculture development, and climate resilience.
The German development bank KfW also granted a €300 million loan to finance nine development projects in the fields of renewable energy, water, and rural development.
The agreements relating to the package were signed by the Tunisian Minister of Foreign Affairs, Othman Jerandi, and the German Ambassador to Tunisia, Peter Prügel.
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Malaysia–Kenya: Four Legal Instruments Established to Support Development
20:02
-
Vodacom Taps Google Cloud to Centralize Critical Data and Scale AI
19:57
-
TUI Group Expands African Tourism Footprint With Seven New Hotels
19:45
-
Kenya Tightens Legal Oversight of Private Power Contracts
19:29
-
develoPPP Ventures Opens Applications for €100,000 Funding Round in Kenya
16:28
-
Nigeria’s Konnadex Gets $20,000 Lisk Grant to Develop Stablecoin Payment Portal
16:24
-
M-KOPA Kenya Tops $1.6 Billion in Credit After Serving 4.8 Million Customers
16:21
-
Japanese chocolatiers show growing interest in Cameroon’s cocoa
12:17
-
Government, African Development Bank Accelerate 21-Billion-Franc Project Targeting Modern Agriculture
12:15
-
Cameroon holds 1.1% share of African exports and ranks 19th in 2024
12:12
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Malaysia and Kenya signed four legal instruments covering aviation, tourism, private-sector cooperation and smart-city development. Both governments...
Vodacom signed a multi-year partnership with Google Cloud to migrate and unify its critical data infrastructure. The operator will use BigQuery and...
TUI Group is opening seven new hotels across North, West and East Africa, raising its continental portfolio to 106 hotels and over 34,000 rooms in nine...
Kenya now requires the Attorney General to validate any amendment to power purchase agreements (PPAs) signed with private producers. Parliament ordered...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...