Tunisia: Foreign investments surge by 13.5% to $806mln in 2023
Tuesday, 06 February 2024 18:02
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.
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Togo raises 22 bln CFA francs on regional debt market
17:16
-
Nigeria Considers New Company to Fix Weaknesses in Power Transmission Grid
16:07
-
Senegal Secures EU Funding to Extend Regional Express Train to Thiès
16:01
-
Ethiopia’s Stock Exchange Launches Digital Trading Platform to Broaden Investor Access
15:56
-
After 14 Years, Phatisa Exits Zambia’s Goldenlay and Belgium’s Vanden Avenne Steps In
15:52
-
Luxembourg, through LuxDev, to finance higher education projects in Togo
13:26
-
Togo approves bill updating environmental law and introducing carbon tax
13:21
-
Togo advances reform to centralise SME and youth entrepreneurship support
13:03
-
German Cooperation Injects €4m Into Climate-Smart Farming Drive in Northern Cameroon
10:01
-
Cameroon considers co-financing youth incubation programme in plantain value chain
09:55
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Nigeria is considering creating a Grid Asset Management Company (GAMCO) to manage transmission infrastructure. The move targets a key bottleneck...
The European Union has approved €6 million to support the next phase of Senegal’s regional express train expansion. The funding will help...
The Ethiopian Securities Exchange has launched “Neway,” a web and mobile trading platform for investors. The tool allows users to open accounts,...
Nigeria will launch its National Single Window platform on March 27 to centralize trade procedures. The system will allow online processing of...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...