TAEF mission

TAEF was established to:

  • Be a driving force for economic growth.
  • Support Tunisian economy & private sector.
  • Expand economic and employment opportunities.
    throughout the country.
  • Catalyze investments and promote broad economic
    growth.
  • Empower small and medium enterprises and
    entrepreneurs.

TAEF objectives

  • Ensure solid economic and financial sustainability for TAEF and its portfolio of companies.
  • Promote the creation and maintenance of sustainable jobs.
  • Diversify the geographical impact of the investment strategy by supporting the private sector in disadvantaged regions.

TAEF commits to conduct itself with transparency and integrity, adhering to the highest standards of ethical behavior, corporate governance and to act in full compliance with laws and regulations.

Funding – Source

The U.S. Agency for International Development (USAID) funds TAEF and provides oversight.

Funding – Amount

TAEF is fully funded at $100 million by USAID

Funding – Term

The fund has been actively investing since its creation and will continue to do so until 2028. The divestment and liquidation period will extend until 2033.

TAEF Milestones