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
-
Senegal, West African Development Bank Create Fund to Monetize Public Assets
17:48
-
Guinea-Bissau Votes for President in Election Seen as Test for Stability
17:41
-
U.S. Exim Bank Launches $100 Billion Plan, Includes $4 Billion Egypt Gas Guarantee
17:11
-
U.S. Plans New $500M Cobalt Tender as DRC Replaces Embargo with Quotas
16:28
-
Glody Kabamba Builds His Cybersecurity Path in the DRC
16:00
-
Togo and Benin Align Strategy for Managing Transnational Koutammakou Site
13:31
-
Namibia targets 9,000 new 4G users in phase 1 of universal service plan
13:18
-
Senegal Launches Startup Ecosystem Program to Drive Innovation
12:51
-
Cameroon Secures One-Quarter of All Admissions in 22nd CAMES Aggregation Competition
12:41
-
Cameroon Posts Trade Surpluses with Netherlands, Malaysia and Indonesia on Cocoa Exports
12:32
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
Guinea-Bissau holds presidential, legislative elections amid political fragility President Embaló seeks second term; 65% voter turnout reported IMF...
U.S. Exim to unlock $100B for critical minerals, gas, nuclear projects Egypt gets $4B credit guarantee to secure U.S. gas amid output...
U.S. may launch new $500M cobalt tender by end-November DRC lifts export embargo; Glencore authorized to ship 3,925 tons Global cobalt prices...
Harmony Gold Mining approves final investment for the Eva Copper project. The mine requires $1.55–1.75 billion and is set to start operating in...
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...