Souk At-Tanmia II


Project Summary

Approval Date 01 Jan 2014
Signature Date 01 Jan 2014
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Commitment U.A 1,298,210.96
Status Implementation

Project General Description

The present project concerns the second edition of the Souk At-tanmia Initiative, which aims to fight against the pressing problem of unemployment in Tunisia. Souk At-tanmia is the largest known mobilisation of partners in Tunisia, bringing together 20 national and international entities selected according to their field of expertise and because of their leadership role in their respective sectors. This initiative was launched after the 2011 revolution by the African Development Bank, in collaboration with several partners (donors, public and private sector entities, civil society organizations (CSOs) and academic institutions, among others). Souk At-tanmia occupies a special place in the Tunisian business environment because of its two particular characteristics. Firstly, the initiative offers its beneficiaries both non-financial support (training, coaching, mentoring and market access) and financial support (in the form of partnership grants and possible additional loan financing from two local partner banks). This differentiates Souk At-tanmia from most programmes in Tunisia that offer either coaching, mentoring or only financial support. Secondly, Souk At-tanmia is a partnership that takes advantage of the comparative advantages and network of different national and international public and private entities. This second edition follows the first, pilot edition that was launched in July 2012, successfully implemented and closed in December 2013. Innovations in the second edition of the partnership include the use of specific programmes to support business start-ups and business extensions in the partnership, as the pilot edition showed that a one-size-fits-all approach is not appropriate for these two types of beneficiaries.

Project Objectives

The objective of Souk At-tanmia is to provide underserved entrepreneurs with opportunities by helping them to create or develop their own businesses.

Beneficiaries

The main beneficiaries of the initiative are: the Tunisian government, the private sector in general, the entrepreneurs in particular and the population. Indeed, thanks to this initiative, these entrepreneurs create jobs and generate income for themselves and others and contribute to the creation of a new economic dynamic in the more disadvantaged regions of the hinterland.

Participating Organization

Funding
Multi donor Trust Fund for Countries in Transition

Information

IATI identifier 46002-G-TN-KZ0-ZZZ-002
Last Update 01 Feb 2023

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Contact Details

Name Sonia Barbaria Femi Fatoyinbo
Email s.barbaria@afdb.org f.fatoyinbo@afdb.org

Geographic Location

Country Tunisia
Coordinates Location Name
36.70352 8.94918 Balta Bou Aouane
37.30839 9.83243 Bizerte Nord
36.72286 10.28354 Bou Mhel El Bassatine
36.77293 10.18288 El Ouardia
36.65098 8.66903 Fernana
34.5 9 Gafsa
34.55555 8.97048 Gafsa Nord
33.94324 10.0575 Ghannouch
36.66667 9.25 Gouvernorat de Béja
36.63333 10.25 Gouvernorat de Ben Arous