- North Africa
- North Africa Regional Overview
- North Africa Regional Integration Strategy Paper (NA-RISP)
- The Middle East and North Africa (MENA TF) Transition Fund
- The Middle Income Country Technical Assistance Fund (MIC TAF)
- The Multi-Donor Trust Fund for Countries in Transition (TFT)
- West Africa
- East Africa
- Central Africa
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- Non-Regional Member Countries
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Souk At-tanmia, Fostering youth employment and entrepreneurship in Tunisia
Background and objective
The African Development Bank initiated in July 2012 a Partnership called Souk At-tanmia in order to respond concretely to the key concerns and expectations of young Tunisians and to tackle the issues of unemployment and regional disparities that are prevailing in the country. The initiative is, to date, the largest known mobilization of partners in the country to support entrepreneurship, gathering about 20 entities, including donors, public and private sector entities as well as Civil Society Organizations (CSOs) and academic institutions. The Partnership intends to fight unemployment in Tunisia by fostering the emergence of a new generation of aspiring young entrepreneurs having no access to the necessary funding and support to start their businesses.
Description and approach
Souk At-tanmia aims to create new opportunities for underserved entrepreneurs by helping them start or grow their own businesses. The initiative is structured as a Partnership that leverages on the comparative advantages and network of different public and private national and international entities. This allows it to deliver a strong and comprehensive support and to maximize the impact and visibility of its interventions. As a result of this integrated and collaborative approach and the diversity of Souk partners, Souk At-tanmia is able to provide integrated comprehensive support encompassing both funding (through grants) and non-financial assistance (through coaching, mentoring, access to the market and capacity-building services).
Souk At-tanmia Key Achivements
A pilot edition was launched on July 2012 and closed in December 2013. In view of the positive results achieved during the pilot phase, a second edition of Souk At-tanmia was launched on April 30, 2014. Overall, Souk At-tanmia contributed to generate hope, stimulate entrepreneurial spirit among youth and to contribute a new economic dynamic in interior regions of the country. The experience had also positive results in terms of job creation and support to underserved groups. It was also successful in building a strong network in the field of entrepreneurship and SME development in Tunisia. Key achievements of Souk At-tanmia are summarized in the infographic below:
About the partners of Souk At-tanmia
In addition to AfDB, which was the initiating partner, the pilot edition included Banque de Financement des Petites et Moyennes Entreprises (BFPME), Banque Tunisienne de Solidarité (BTS), the British Council Tunisia, Centre des Jeunes Dirigeants (CJD), Confédération des Entreprises Citoyennes de Tunisie (CONECT), the Danish government, The UK Department for International Development (DFID), the Government of the United States of America, the Mediterranean School of Business (MSB), Microsoft Tunisia, Talan Tunisia, Total Tunisia, TOUENSA (Network of CSOs), Tunisiana, and five (5) UN Agencies (UNIDO, IOM, UNDP, ILO, FAO). Partners of the second edition include Banque de Financement des Petites et Moyennes Entreprises (BFPME), Banque Tunisienne de Solidarité (BTS), the British Council Tunisia, Centre des Jeunes Dirigeants (CJD), Confédération des Entreprises Citoyennes de Tunisie (CONECT), the Danish government, The UK Department for International Development (DFID), the Government of the United States of America, the Mediterranean School of Business (MSB), Microsoft Tunisia, Talan Tunisia, UNIDO, IOM, UNDP, Tunis Place de marche (TPM), and Atuge.
Join forces with the network of Souk At-tanmia and become a trusted partner by contributing to empower the next generation of aspiring young entrepreneurs in Tunisia
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