What is our vision?

TAEF was established to:

  • Support the Tunisian people following the Tunisian revolution.
  • Expand economic and employment opportunities throughout the country.
  • Catalyze investments and promote broad economic growth.
  • Strengthen small and medium enterprises, improving prospects for sustainable growth.

TAEF objectives

  • Positive financial returns
  • New, stable employment
  • Investments throughout the country with a focus on the interior regions
  • Investments in women and youth

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

As of November 2016, TAEF was funded at $80 million.

Funding – Term

The fund term is 10 years after the fifth and last $20 million tranche is appropriated by the US government (projected for 2017). Thus, TAEF expects to actively invest through 2027, at which point it would begin a period of winding down through exits and dis-investments.