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
-
Algeria Ranks Among Africa’s Leading Solar PV Markets in 2025
16:35
-
Gridworks Secures Agreements to Build Uganda’s Amari Transmission Project
16:32
-
Gabon Targets Road Transport Reform With Digital Partnership
16:24
-
Africa’s space sector is at a turning point — Richard Folly, CEO of African Geospace
16:13
-
Signe Fokui Maxime Builds Bitkap to Streamline Online Money Transfers
15:54
-
Douala BRT project to start feeder road works in May 2026 with CFA4.7bn budget
15:51
-
Cameroon corporate profits fall 13% in 2024 despite higher turnover
15:40
-
Audrey Ludivine Baha Launches Nofey to Digitize Access to Local Artisans in Africa
15:26
-
GoCab Raises $45 Million to Scale Electric and Inclusive Mobility Across Africa
15:24
-
Cameroon, Equatorial Guinea agree on Yoyo–Yolanda gas unitization deal
10:45
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...
ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
Algeria commissioned 400 megawatts of new solar photovoltaic capacity in 2025, placing it among Africa’s top 10 solar markets. Africa added about...
Gridworks and the Ugandan government signed two agreements to begin construction of the $50 million Amari power transmission project. The...
Gabon signed a memorandum of understanding with Infragroup Holding to digitalize and integrate its national road transport management system. The...
From satellite data and AI to drones and precision farming, geospatial tech is no longer just for specialists. Today, it’s a vital tool for sovereignty...
Fela Kuti received a posthumous Lifetime Achievement Award from the Recording Academy He is the first African artist recognized by the Grammys...
Manovo-Gounda-St Floris National Park is one of the largest protected areas in Central Africa. Located in the northeastern part of the Central African...