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.
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Production could rise to 25–30 million tons this year, from about 10 million in 2025 Growth driven by ArcelorMittal’s $1.8bn expansion and new...
First group of 500 trainees begins “train-the-trainer” program in Kinshasa 200 top performers will be selected to train others nationwide Five-year...
Agreement with Gécamines could extend KCC mine life into the 2040s Copper output target raised toward about 300,000 tons a year Move comes as Glencore...
Five local banks to mobilize CFA41.2bn ($74.4m) for Grand-Zambi mine Funding to be refinanced through BEAC’s “Window B” for productive...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...
Fort Jesus is a fortress located in Mombasa, on Kenya’s coastline, at the entrance to the natural harbor that long made the city a hub of trade in the...