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
-
Burkina Faso Seeks Diaspora's Tech Skills to Counter Disinformation
12:12
-
Gates Foundation Pledges $1.4 Billion for Climate-Proof Farming in Africa, Asia
12:06
-
Thierry Djeumo: “An Operational Excellence Index Would Be a Catalyst for Africa’s Development”
11:58
-
In Ethiopia, Timkat Strengthens National and Cultural Unity
11:50
-
Senegal: Dakar Port to Digitize Cargo Clearance to Cut Processing Times
10:10
-
MoloMoloPay App Expands Access to Goods Through Savings-Based Installments
09:18
-
Malawi Launches ICT Policy and Digital Lab to Modernize Justice System
09:06
-
Orange Strengthens African Subsea Fleet with Two New Cable-Laying Ships
09:03
-
Cameroon’s Catramp seeks CFA5bn IFC loan for regional expansion
05:24
-
Tradex names Alain Ngondi Owona interim head in Equatorial Guinea
05:22
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Nigeria firmly rejected President Trump's threat to send troops to "protect persecuted Christians,...
Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...
Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...
Burkina Faso, diaspora discuss media hub, digital skills exchange in Ouagadougou No deals signed; feasibility studies and follow-up mechanism to be...
Gates Foundation pledges $1.4B by 2029 for climate-resilient farming Funds to support tech like bio-fertilizers, weather alerts, and soil...
Thierry Djeumo, a former consultant at McKinsey France and an international consultant, is one of the authors of the new study, Operational Excellence: An...
As the world’s leading producer and exporter of palm oil, Indonesia also maintains a significant presence in the global coffee and cocoa markets. The...
Timkat, celebrated each year in Ethiopia, marks the feast of Epiphany in the Ethiopian Orthodox Church. It commemorates the baptism of Christ in the River...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...