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You need to update the dependency pygobject2 to pygobject. There is nothing like pygobject2. http://tinycorelinux.net/11.x/x86/tcz/pygtk.tcz.dep
I am getting some kind of API error which contains the word gtk in it.I have also seen gtk+ in requirements. So, I searched for gtk+ tag and got pygtk. Then it worked.
ValueError: Namespace Gtk not available
pygobject2 copied from the x86 10.x repo to the 11.x repo - thanks for pointing that out.