Tunisian tourism revenues reached TND1.64 billion (around $526 million) during the first four months of 2024, marking an 8% increase compared to the same period in 2023, according to data published on May 7 by the country's central bank.
This increase is primarily attributed to a rise in the number of tourists, in a context marked by a significant improvement in the security situation in the country, the central bank noted. Furthermore, the central bank indicated that remittances reached TND2.39 billion ($762 million) between January 1 and April 30 of the current year, representing a 5% increase compared to the same period last year. These transfers constitute the second-largest source of foreign currency after export revenues.
In Tunisia, remittances have surpassed tourism revenues and foreign direct investment flows since the 2011 Revolution, which led to a decline in tourist arrivals and a decrease in the country's attractiveness to foreign investors.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...
Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...
City plans municipal rules to tax short-term rentals at hotel-level rates Properties mainly used for short stays would face a 135% tax increase Cape...
Togo develops local organic certification framework for producers Standards aim to ease access to organic labels and markets Framework...
Ethiopia and the European Investment Bank signed a €110 million ($130 million) loan agreement for rural development financing. The project...
TotalEnergies will operate the offshore PEL104 exploration license in Namibia with a 42.5% stake. The license sits in the Lüderitz Basin and covers...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...