Souk At-Tanmia Initiative Supports More Than 80 Entrepreneurs Through Its COVID-19 Support System

On December 2nd, U.S Ambassador Donald Blome joined British Ambassador Edward Oakden, Minister of the Economy, Finance and Investment Promotion Ali Kooli and  African Development Bank (AfDB) Director-General of North Africa, Muhammad Al-Azizi, , in a virtual meeting.  The event was part of AfDB’s Souk At-Tanmia project to celebrate more than 80 entrepreneurs who won competitions to develop new technologies or adapted their business to mitigate the effects of the Covid-19 pandemic.

The 12 entrepreneurs who developed the most innovative responses to COVID-19 won the U.S. funded  “Africa vs Virus” competition and will receive grants between 35,000 and 100,000 Tunisian Dinars and a technical mentorship to accelerate the implementation of their pilot projects.  The U.S. Embassy recognizes that youth entrepreneurship is a key driver to boost Tunisia’s economy and has invested, through the Embassy’s Assistance Unit, more than $7 million to support several projects for young entrepreneurs, including the AfDB’s Souk At-Tanmia project.

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