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.
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Gulfcam plans to acquire six vessels to strengthen container transport between Kribi and Douala. The company aims to handle up to 50% of freight...
Dangote Cement’s sales in Cameroon fell 14.1% in 2025, dropping to 1.2 million tons. The company links the decline to economic disruption tied to...
MSC has signed a 45-year concession with Nigerdock to develop a container terminal at Snake Island Port in Lagos. The project is part of a...
Benin has approved a national food and nutrition strategy covering 2026–2030. The plan aims to turn national nutrition policy into concrete, funded...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...