The European Investment Bank (EIB) is continuing its strong commitment in Tunisia with €415 million in new financing signed in 2024, consolidating its role as a key partner in the country’s economic and social development. These strategic investments aim to modernise infrastructure, stimulate the economy and strengthen resilience to climate and energy challenges, while supporting job creation and social inclusion.
In 2024, the EIB supported several strategic initiatives to strengthen Tunisia’s economic and social development. Among these commitments, the modernisation of the Sfax-Kasserine corridor represents an investment of €210 million. Support for micro, small and medium-sized enterprises is another priority area of the EIB’s action. Through the “Tunisia Economic Recovery” program, the Bank has mobilized €170 million to facilitate access to financing for MSMEs, which represent 90% of the Tunisian entrepreneurial fabric and employ 60% of the workforce. This mechanism, which is based on innovative risk-sharing tools, supports companies that invest, innovate and create new jobs. In addition, a grant of €8 million from the European Union is strengthening this effort in favor of economic development.
Education and food resilience also benefited from increased support in 2024. €18.5 million in funding was allocated to modernizing schools, in line with a €40 million loan signed in 2023. At the same time, an investment of €17 million was devoted to strengthening food resilience and supporting the agricultural sector. Finally, the energy transition and sustainable development have occupied a central place in EIB financing in 2024. The EU Bank is thus continuing its support for energy efficiency, renewable energy and green mobility projects through the Italy-Tunisia electricity interconnection (ELMED) alongside Team Europe.