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AfDB Approves 92.3 Million Euros to Improve Living Conditions in Tunisia

Tunisian President Kais Saied meets with Italian Prime Minister Giorgia Meloni in Tunisia on April 17, 2024 (EPA)
Tunisian President Kais Saied meets with Italian Prime Minister Giorgia Meloni in Tunisia on April 17, 2024 (EPA)
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AfDB Approves 92.3 Million Euros to Improve Living Conditions in Tunisia

Tunisian President Kais Saied meets with Italian Prime Minister Giorgia Meloni in Tunisia on April 17, 2024 (EPA)
Tunisian President Kais Saied meets with Italian Prime Minister Giorgia Meloni in Tunisia on April 17, 2024 (EPA)

The African Development Bank (AfDB) said on Tuesday it approved a financing package of 92.3 million euros to support business competitiveness and empower the Tunisian population through job creation, according to the German news agency, dpa.

The financing consists of a 90-million-euro loan from the Bank Group, and a grant of 2.3 million Euro under the Affirmative Finance Action for Women in African (AFAWA) initiative.

It aims to provide young people and women looking for work with the skills they need to access salaried jobs, to improve living conditions and promote economic inclusion through entrepreneurship and skills development.

The Tunisian government forecasts that the program could enable the creation of more than 118,000 formal jobs.

Tunisia struggles with economic difficulties that have led to a decline in public sector employment, due to a fiscal crisis, in addition to widespread unemployment among young people and university graduates.

The unemployment rate in Tunisia stands at 16.1% according to the latest data. The unemployment rate for youth in the 15-24 age bracket rose to 39.2% while the unemployment rate among people with a higher education degree reached 23.4%.

Last June, the European Union, the EIB, AFD Group and KfW announced a major joint investment of 270.9 million euros to support Tunisia's entrepreneurial ecosystem.

Also, two credit lines worth 170 million euros and 80 million euros, and 10.5 million euros for the Dhamen Express guarantee facility, were deployed to increase access to finance for MSMEs in Tunisia.

At least 30% of the funds from the EIB and 35% of those from AFD went to projects promoting social inclusion, targeting women, youth employment and less-favored areas, as well as the green economy and climate resilience.

This initiative underscored the commitment of the EU, the European Investment Bank (EIB), Agence Française de Développement (AFD) and Kreditanstalt für Wiederaufbau (KfW) to support projects that have a high social impact and promote the economic recovery of Tunisia’s micro, small and medium-sized enterprises (MSMEs), taking a Team Europe approach.

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Arab World

Rescue Teams Search for Survivors in Building Collapse that Killed at Least 2 in Northern Lebanon

A Lebanese flag is pictured, in the aftermath of a massive explosion, in Beirut's damaged port area, Lebanon August 17, 2020. REUTERS/Hannah McKay
A Lebanese flag is pictured, in the aftermath of a massive explosion, in Beirut's damaged port area, Lebanon August 17, 2020. REUTERS/Hannah McKay
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Rescue Teams Search for Survivors in Building Collapse that Killed at Least 2 in Northern Lebanon

A Lebanese flag is pictured, in the aftermath of a massive explosion, in Beirut's damaged port area, Lebanon August 17, 2020. REUTERS/Hannah McKay
A Lebanese flag is pictured, in the aftermath of a massive explosion, in Beirut's damaged port area, Lebanon August 17, 2020. REUTERS/Hannah McKay

At least two people were killed and four rescued from the rubble of a multistory apartment building that collapsed Sunday in the city of Tripoli in northern Lebanon, state media reported.

Rescue teams were continuing to dig through the rubble. It was not immediately clear how many people were in the building when it fell.

The bodies pulled out were of a child and a woman, the state-run National News Agency reported.

Dozens of people crowded around the site of the crater left by the collapsed building, with some shooting in the air.

The building was in the neighborhood of Bab Tabbaneh, one of the poorest areas in Lebanon’s second largest city, where residents have long complained of government neglect and shoddy infrastructure. Building collapses are not uncommon in Tripoli due to poor building standards, according to The AP news.

Lebanon’s Health Ministry announced that those injured in the collapse would receive treatment at the state’s expense.

The national syndicate for property owners in a statement called the collapse the result of “blatant negligence and shortcomings of the Lebanese state toward the safety of citizens and their housing security,” and said it is “not an isolated incident.”

The syndicate called for the government to launch a comprehensive national survey of buildings at risk of collapse.

Arab World

Israel to Take More West Bank Powers and Relax Settler Land Buys

A view of Israeli settlement of Maale Adumim, in the West Bank, Sunday, June 18, 2023. (AP)
A view of Israeli settlement of Maale Adumim, in the West Bank, Sunday, June 18, 2023. (AP)
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Israel to Take More West Bank Powers and Relax Settler Land Buys

A view of Israeli settlement of Maale Adumim, in the West Bank, Sunday, June 18, 2023. (AP)
A view of Israeli settlement of Maale Adumim, in the West Bank, Sunday, June 18, 2023. (AP)

Israel's security cabinet approved a series of steps on Sunday that would make it easier for settlers in the occupied West Bank to buy land while granting Israeli authorities more enforcement powers over Palestinians, Israeli media reported.

The West Bank is among the territories that the Palestinians seek for a future independent state. Much of it is under Israeli military control, with limited Palestinian self-rule in some areas run by the Western-backed Palestinian Authority (PA).

Citing statements by Finance Minister Bezalel Smotrich and Defense Minister Israel Katz, Israeli news sites Ynet and Haaretz said the measures included scrapping decades-old regulations that prevent Jewish private citizens buying land in the West Bank, The AP news reported.

They were also reported to include allowing Israeli authorities to administer some religious sites, and expand supervision and enforcement in areas under PA administration in matters of environmental hazards, water offences and damage to archaeological sites.

Palestinian President Mahmoud Abbas said the new measures were dangerous, illegal and tantamount to de-facto annexation.

The Israeli ministers did not immediately respond to requests for comment.

The new measures come three days before Prime Minister Benjamin Netanyahu is scheduled to meet in Washington with US President Donald Trump.

Trump has ruled out Israeli annexation of the West Bank but his administration has not sought to curb Israel's accelerated settlement building, which the Palestinians say denies them a potential state by eating away at its territory.

Netanyahu, who is facing an election later this year, deems the establishment of any Palestinian state a security threat.

His ruling coalition includes many pro-settler members who want Israel to annex the West Bank, land captured in the 1967 Middle East war to which Israel cites biblical and historical ties.

The United Nations' highest court said in a non-binding advisory opinion in 2024 that Israel's occupation of Palestinian territories and settlements there is illegal and should be ended as soon as possible. Israel disputes this view.

Arab World

Arab League Condemns Attack on Aid Convoys in Sudan

A general view shows the opening session of the meeting of Arab foreign ministers at the Arab League Headquarters (Reuters)
A general view shows the opening session of the meeting of Arab foreign ministers at the Arab League Headquarters (Reuters)
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Arab League Condemns Attack on Aid Convoys in Sudan

A general view shows the opening session of the meeting of Arab foreign ministers at the Arab League Headquarters (Reuters)
A general view shows the opening session of the meeting of Arab foreign ministers at the Arab League Headquarters (Reuters)

Arab League Secretary-General Ahmed Aboul Gheit strongly condemned the attack by the Rapid Support Forces on humanitarian aid convoys and relief workers in North Kordofan State, Sudan.

In a statement reported by SPA, secretary-general's spokesperson Jamal Rushdi quoted Aboul Gheit as saying the attack constitutes a war crime under international humanitarian law, which prohibits the deliberate targeting of civilians and depriving them of their means of survival.

Aboul Gheit stressed the need to hold those responsible accountable, end impunity, and ensure the full protection of civilians, humanitarian workers, and relief facilities in Sudan.