Processing of High Value Added Agricultural Goods such as Olive Oil and Dates

Olive Oil
Processing of High Value Added Agricultural Goods such as Olive Oil and Dates
High-value agriculture
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Invest in the processed agrifood facilities and value chains with a focus on high value added products such as olive oil and dates for export-led growth

Expected Impact

Agroprocessing investments can increase value added in food chains, bolster economic development, attract foreign direct investment.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Decent Work and Economic Growth (SDG 8)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9)
Sector Sources
  • 1) The Republic of Tunisia, 2021. Voluntary National Review 2021. https://sustainabledevelopment.un.org/content/documents/279442021_VNR_Report_Tunisia.pdf 2) The Republic of Tunisia, 2019. Voluntary National Review 2019. https://sustainabledevelopment.un.org/index.php?page=view&type=111&nr=23372&menu=35 3) Minister of Agriculture, Water Resources and Fisheries. FAO 35th Regional Conference for the Near East. https://www.fao.org/3/cb1226en/cb1226en.pdf 4) Republic of Tunisia, 2018. Economic Recovery Plan 2019-2020. http://www.cae.gov.tn/wp-content/uploads/2019/08/Plan-de-relance-V-Finale-12-oct.pdf 5) French Development Agency, 2021. North Africa Regional Strategy 2021-2025. https://www.afd.fr/sites/afd/files/2021-03-02-49-37/strategie-regionale-afrique-nord-2021-2025.pdf 6) FAO, 2021. FAO supports a new startup that facilitates market access for small farmers and Tunisian artisans. https://www.fao.org/neareast/news/view/en/c/1413975/ 7) APIA, 2021. 475.1 Millions de dinars d'investissements agricoles privés durant les onze premiers mois de l'année 2021. http://www.apia.com.tn/actualites/detail/179 8) IFAD, 2021. Tunisia. https://www.ifad.org/en/web/operations/w/country/tunisia 9) Stakeholder Consultations held in 2021. 10) Industry and Innovation Promotion Agency, 2016. What industrial strategy for Tunisia by 2025? http://www.tunisieindustrie.nat.tn/fr/download/ci/130_2016.pdf 11) FAO, 2017. Country Fact Sheet on Food and Agriculture Policy Trends. https://www.fao.org/3/i7738e/i7738e.pdf 12) IFAD, 2019. Republic of Tunisia Country Strategic Opportunities Programme (COSOP) 2019-2024. https://www.ifad.org/en/-/republic-of-tunisia-country-strategic-opportunities-programme-2019-2024-1 13) FAO, 2020. Guidance document Impact of the Covid-19 crisis on agriculture and food security in Tunisia: Challenges and response options. https://www.fao.org/3/ca9517fr/CA9517FR.pdf
IOA Sources
  • 13) IFC, 2020. IFC Provides €10 Million in Financing to Tunisian Date Exporter VACPA. https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=16908 14) IFC, 2021. IFC Partners with Tunisian Olive Oil Producer CHO, Promoting Job Creation and Sustainability. https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=26479 15) International Trade Administration, 2021. Tunisia - Country Commercial Guide: Agricultural Sectors. https://www.trade.gov/country-commercial-guides/tunisia-agricultural-sectors 16) Stakeholder consultations conducted in 2021. 17) EBRD, 2021. DFF - IFFCO Working Capital. https://www.ebrd.com/work-with-us/projects/psd/51179.html 18) Oxford Business Group. Government programmes and private investment boost efficiency and equity in Tunisia's olive oil segment. https://oxfordbusinessgroup.com/overview/green-shoots-government-programmes-and-private-investment-sector-improve-irrigation-and-boost 19) NABC, 2018. Tunisia Business Opportunity Report: Agriculture. https://nabc.nl/wp-content/uploads/2020/08/NABC-Tunisia-Report_FINAL.pdf 20) French Ministry of Agriculture, 2016. Tunisia Agricultural context and international relations. https://agriculture.gouv.fr/tunisie 21) Tunisian Institute of Strategic Studies, 2020. Measures protecting the agricultural sector and the proper functioning of the agri-food industry in the face of the COVID pandemic. http://www.onagri.nat.tn/uploads/Etudes/ites-covid19.pdf 22) Oxford Business Group. Government programmes and private investment boost efficiency and equity in Tunisia's olive oil segment. https://oxfordbusinessgroup.com/overview/green-shoots-government-programmes-and-private-investment-sector-improve-irrigation-and-boost 23) Arab Reform Initiative, 2020. Tunisia: COVID-19 Increases Vulnerability of Rural Women. https://www.arab-reform.net/publication/tunisia-covid-19-increases-vulnerability-of-rural-women/ 24) Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung, 2021. Sustainable Development Report 2021. Tunisia Profile. https://dashboards.sdgindex.org/profiles/tunisia 25) Ministry of Agriculture, Water Resources and Fisheries, 2021. Annual performance project of the Ministry of Agriculture, Water Resources and Fisheries. http://www.gbo.tn/sites/default/files/2021-04/PAP-2021%20Agriculture%2Cressources%20hydrauliques%20et%20p%C3%A8che%20maritime.pdf 26) SWP, 2020. The Effects of a DCFTA with the EU on Tunisian Agriculture. https://www.swp-berlin.org/en/publication/tunisia-a-stable-countryside-for-a-stable-country/#hd-d37388e318 27) Ministry of Industry. FOPROHOC. http://www.tunisia-oliveoil.com/Fr/foprohoc_11_62 28) Invest in Tunisia. Provided Financial Incentives. http://www.investintunisia.tn/m/En/provided-financial-incentives_11_622 29) Invest in Tunisia. Agribusiness. Strengths of the Sector. http://www.investintunisia.tn/En/strengths-of-the-sector_128_82 30) Ministry of Agriculture, Water Resources and Fisheries, 2017. The Economic Importance of Dates Production in Tunisia. https://cisr.ucr.edu/sites/g/files/rcwecm2631/files/2019-12/dorsaf-ben-ahmad-zaag-tunisia-rpw-conference-2017.pdf