Tunis,Tunisia,Investment,Yassine Brahim,Cote d'Ivoire,Five Year Development, IMF,African Development Bank,Akinwumi Adesina,Habib Essid,IMF,Five Year

Tunisia to Hold International Investors Conference in September

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While in Abidjan, Cote d’Ivoire for the 8th session of the Joint Tunisian-Ivorian High Commission Prime Minister Habib Essid met with (AfDB) President Akinwumi Adesina on Tuesday, April 26 where they discussed Tunisia’s national employment strategy and the plan, Adesina according to Tunis Afrique Presse (TAP) ‘affirmed the bank’s commitment to help Tunisia in its economic transition process after the success of the democratic transition.’


Beyond the standard issue press statement Prime Minister Essid also extended a formal invitation to Adesina and the AfDB to take part in an international investors’ conference scheduled to take place in Tunis this September. It appears that the international investors’ conference will be focused on unveiling a revamped five year development. Minister of Development, Investment and International Cooperation Yassine Brahim who is responsible for formulating the five year development plan also attended the Carnegie Endowment conference.


The , which recently agreed to a 2.8 billion USD loan (final approval from the IMF’s executive board is expected but not yet official), had called on Tunisia to make its five year development plan ‘more inclusive’ of interior regions.


The international investment conference was also brought up by Essid upon his return to Tunis, while speaking at a conference of the Carnegie Endowment for International Peace results of a study by Washington D.C. based think tank which found that Tunisia’s transition is “stalling” and called for the Tunisian government to establish “a framework for partnership that couples Tunisian-led reform actions with coordinated and intensified international assistance.”


The AfDB is headquartered in Abidjan after returning from an eleven year stay in Tunis from 2003-2014 during Cote d’Ivoire’s civil conflicts. It continues to maintain the branch of its offices in Tunis focused on the AfDB’s decentralization efforts.


The AfDB’s website notes that Tunisia is the second largest recipient of AfDB funds in the bank’s 51 year history.