Telecom

Tunisia: €207 million derived from sales of 4G licences to be used to create jobs

Thursday, 24 March 2016 16:34

Tunisian government decided to use the €207,852,300 (DT471 million) it got from selling 4G licences to support its budget support program for regional development and job creation (PADRCE). This was announced on March 22, 2016, during ministerial council led by Prime Minister, Habib Essid. Tunisia, which had an unemployment rate of 15% of in 2015, intends, through this program, to achieve development, both at the national and regional levels, by 2020.

PADRCE, in which African Devlopment Bank (AfDB) injected €183 million, is a program that promotes improved equal access to economic opportunities and social services to reduce social and regional inequalities. Through 14 reforms such as increase of tax on regional earnings, implementation of gender focal points in ministries, restructuring microfinance industry, private sector’s participation in training mechanisms, an developing entrepreneurship culture in universities, PADRCE aims to, in the long-run, establish an inclusive professional environment for the Tunisian youth.

The program which will be implemented by various ministries, targets 235,000 families which are to potentially benefit from social assistance, 33,000 women which are also potential beneficiaries of micro-credits and 58,000 annual university graduates of which 66% girls, with professional degrees.

Muriel Edjo

On the same topic
This successful bond sale not only reinforces AXIAN Telecom’s financial strength but also signals growing investor confidence in African digital...
• Experts at Cyber Africa Forum 2025 stress consumer education to fight cyber threats• Social engineering scams, phishing, and money mule schemes are...
Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Nigeria. This marks a major step in its global expansion...
Monthly mobile data traffic per smartphone in Sub-Saharan Africa will rise to 14 GB by 2030. Total mobile data traffic is expected to grow from 2.3...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
03

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
04

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
05

• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...

Gates Foundation Pledges $1.6 Billion to Gavi to Boost Global Child Vaccination
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.