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
-
Global South Alliance Unveils New Grants to Study Datafication’s Democratic Effects
09:51
-
SA’s Community Wolf Buys Namola to Strengthen Emergency Response Network
09:43
-
Lagos Startup Wins 3MTT Regional Hackathon With Neurodiversity Learning Tool
09:42
-
Mali Targets Stronger Infrastructure Protection With 2026–2030 Cyber Plan
06:27
-
UK, Chinese Firms Line Up for Uganda’s Orom-Cross Graphite
06:24
-
Benin Poised to Overtake Mali as West Africa’s Top Cotton Producer in 2025/26
06:22
-
Liberia Turns to Huawei to Speed Up Digital Inclusion Drive
06:18
-
Cameroon’s Leasing Margins Plunge 73.6% as Sector Activity Slows Sharply
16:53
-
Cameroon’s Mobile Money Industry Accelerates, Topping CFA135.84bn
16:50
-
Officials Reveal Rice Project on Track to Slash Import Bill and Meet Local Demand
15:19
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
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...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...
Mali approves its first fully coordinated national cybersecurity strategy. The country ranks Tier 4/5 on the ITU Global Cybersecurity Index,...
Orom-Cross plans to produce 20,000 tons of graphite annually in Phase 1, with $40 million in startup capital. Blencowe Resources signed a new...
PR-PICA forecasts Mali’s 2025/26 seed-cotton output at 433,700 tons, down 34% year-on-year. Benin’s harvest is expected to reach 632,000 tons,...
Liberia’s telecom regulator and Huawei discuss deploying the “Digital Village” model, including smart classrooms, solar power and an Internet...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
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...