Agro-food industry attractive investment niche for Tunisia’s women entrepreneurs in 2023

The agro-food industry was one of the attractive investment niches for Tunisia's women entrepreneurs in 2023 with 37.1%, the Agency for the Promotion of Industry and Innovation (French: APII) said in its economic bulletin for December 2023. Figures show nearly 85% of projects were directed towards the domestic market. Investment intentions in 729 projects were reported with TND 144.3 million in earmarked investments. The textile and clothing sector ranked second with a share of 30.5%. Tunisian female entrepreneurs managed to create 223 projects in 2023. Investment intentions by Tunisian female entrepreneurs account for 26% of total investment intentions in the industrial sector and 6% of overall reported investments. They also helped generate 18% of jobs. The volume of reported investments dropped to TND 2,291.6 million down from TND 2,417. 4 million in 2022. The number of reported projects followed suit, falling to 2,854 compared to 2,978 in 2022. Source: Agence Tunis Afrique Presse